AML

Alviere, a pioneering embedded finance platform provider, and Hawk AI, a leading anti-money laundering (AML) and fraud prevention tech provider for banking and payment companies, are teaming up.

Resistant AI, a fraud and financial crime prevention services provider, has made its Document Forensics solution available on Google Cloud Marketplace.

RegTech platform Themis has formed a strategic partnership with Diligencia, a provider to corporate data in the Middle East and Africa, to help combat fraud.

Bank of Nevis International has become the first Caribbean bank to implement Tookitaki’s anti-money laundering technology.

Germany-based RegTech Hawk AI, which provides AML and fraud prevention technology to banks and payments companies, has secured $17m in its Series B.

Anti-money laundering and fraud solution provider Alessa has named Holly Sais Phillippi as its new chief executive officer.

Last year saw a seismic shift in the regulatory world. Sentinels has released a report on how AML shaped the world in 2022. It explores the most impactful moments of the year towards AML and what companies had to navigate.

The UK’s Financial Conduct Authority (FCA) has fined another financial institution for anti-money laundering (AML) failings.

Digital images and selfies have been a staple for online verification for many years. However, Electronic IDentification has warned that they are no longer KYC/AML compliant.

Icelandic bank Arion Bank will implement the software of RegTech platform Lucinity to bolster its defences against money laundering.