Transaction Monitoring

Regulators in the Philippines are worried that they might be put on the Financial Action Task Force’s (FATF) list of countries with questionable commitments to avoid money laundering and terrorism funding.

From the huge Danske Bank scandal to a rising number of reports in the UK, money laundering is a growing concern for finance ministers in the EU.

The European Banking Authority (EBA) have released new guidelines for the mitigation and management of information and communication technology (ICT) and security risks.

Financial services technology platform FIS has integrated the IBM Safer Payment solution to improve its anti-fraud capabilities on its real-time P2P payment services.

The UK’s Prudential Regulator Authority (PRA) has fined Citigroup £43.9m for failings in relation to their internal controls and governance arrangements.

Australian bank Westpac will see its CEO Brian Hartzer step down next week as the lender is facing money laundering and terrorism financing allegations.

This list identifies the world’s most promising enterprises developing solutions to solve financial services firms and other businesses’ risk management, compliance and cybersecurity concerns.

Leeds-headquartered TruNarrative’s financial crime platform has added Bleckwen, the French fraud detection and prevention specialist, to the fold.

Singapore-based cross-border payments startup Nium has signed a deal to power cross-border payments for the clients of PhillipBank, one of Cambodia’s growing banking group.

One of Australia’s biggest banks could be facing massive fines after the country’s top financial accused it of breaking the law 23 million times.