Tag: AML

Understanding proliferation financing: Key steps for compliance and risk management

Proliferation Financing (PF) is becoming an increasingly important aspect of the compliance landscape, akin to well-known areas like anti-money laundering (AML) and counter-terrorism financing (CTF). Recently, regulators, particularly in the UK, have begun implementing stricter measures to help businesses identify and mitigate PF risks.

Navigating the KYC maze: How banks are tackling compliance costs in...

In 2022, Fenergo's annual research survey of global investment banks highlighted a labor-intensive environment in Know Your Customer (KYC) processes. These processes were costing banks as much as $35m annually.

Hawk AI welcomes new CRO as company growth continues to soar

Hawk AI, a leading provider of fraud and Anti-Money Laundering (AML) surveillance technology, has strengthened its leadership team with the appointment of Maximilian Riege as Chief Risk Officer.

Lynx gets its paws on €17m in Series A led by...

Lynx, which focuses on detecting and preventing fraud and financial crimes, has closed its Series A funding round on €17m.
Refine Intelligence has announced a successful $13m seed funding round that is set enable them to transform Anti-Money Laundering (AML). 

Refine Intelligence secures $13m in seed round to revolutionise AML

Refine Intelligence has announced a successful $13m seed funding round that is set enable them to transform Anti-Money Laundering (AML). 

Seven crucial steps to master your AML/CTF independent review

Australian RegTech firm Arctic Intelligence recently outlined the seven key steps for an independent review of their AML/CTF program.

Germany to ramp up AML defences with new federal office

Moody's Analytics recently outlined how Germany's new financial crime office will face big challenges when it opens next year. 

The growing pains: Why payments firms are struggling to scale in...

The rise of the digital age has brought a plethora of growth opportunities for FinTechs and non-banking financial institutions (FIs). However, many of these entities find themselves ill-prepared to harness these potential gains fully.

Fenergo partners with Generali Investments to counteract advanced money laundering techniques

Generali Investments Holding, a powerhouse in the world of asset management with over €504bn assets under management (AUM), has chosen to partner with Fenergo, the industry leader in digital solutions for Know Your Customer (KYC), Transaction Monitoring, and Client Lifecycle Management (CLM).

AirPak and ThetaRay join forces for advanced AML compliance

AirPak has recently announced a new partnership with ThetaRay, a front-runner in the world of AI-driven transaction monitoring systems.

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