Tags AML

Tag: AML

The hallmarks of a strong customer risk assessment process

Customer risk assessment is where the company assess which type of risk a potential customer poses, whether they are existing or new clients.

RegTech firm Alessa names new SVP of sales

Alessa, a leading provider of Anti-Money Laundering and Fraud solutions, has appointed Jeff Woods as senior vice president of sales.

Global Investment in AML & FinCrime Tech companies grew 20.18% (CAGR)...

Key AML and FinCrime statistics 2022: • Global investment dropped 43% in 2022 from 2021 • UK investment increased more than three-fold in 2022 (from 2021)...

Hawk AI, Nikulipe link to boost AML transaction monitoring

Hawk AI has entered into a partnership with FinTech Nikulipe, a company that specialises in local payment methods in fast-growing and emerging markets.  
Bank of Nevis first Caribbean bank to leverage Tookitaki's AML software

Bank of Nevis first Caribbean bank to leverage Tookitaki’s AML software

Bank of Nevis International has become the first Caribbean bank to implement Tookitaki’s anti-money laundering technology.
AML-and-fraud-prevention-RegTech-Hawk-AI-scores-$17m-in-Series-B

AML and fraud prevention RegTech Hawk AI scores $17m in Series...

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

Sandbar secures $4.8m in seed investment

Sandbar, a provider of AML, fraud and counter-terrorism risk detection software, has scored $4.8m in seed funding. The round was led by Lachy Groom...
AML provider Alessa names Holly Sais Phillippi as CEO

AML provider Alessa names Holly Sais Phillippi as CEO

Anti-money laundering and fraud solution provider Alessa has named Holly Sais Phillippi as its new chief executive officer.
FCA-fines-AI-Rayan-Bank-£4m-for-AML-failings

FCA fines AI Rayan Bank £4m for AML failings

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

FCA fines GT Bank £7.8m for AML failures

The Financial Conduct Authority (FCA) has fined Guaranty Trust Bank £7.8m for serious deficiencies in its AML systems and controls.

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