Tag: AML

Singapore has announced findings of its updated ML NRA, which reflects its commitment to fortifying its AML framework in response to global risks.

Flagright, an AI-native AML compliance and fraud prevention firm, has recently welcomed Persici Financial Services (PFS) as its latest client.

In the swiftly evolving world of compliance and business growth, navigating the intricacies of regulatory demands, venturing into new markets, and harnessing digital innovation are vital for success, according to Moody's.

Ohalo, a London-based company specialising in unstructured data intelligence, has announced a new injection of £2.8m in growth capital from YFM Equity Partners.

Ensuring compliance with sanctions screening is pivotal in risk management for globally operating businesses.

As 2024 progresses, regulators worldwide find themselves increasingly busy, grappling with the dual challenges of an ever-changing geopolitical landscape and the rapid evolution of technology.

Money laundering is the process of disguising the proceeds of criminal activity as legitimate funds in an effort to conceal their illicit origin.

SmartSearch, a provider of digital compliance and AML solutions, has announced the launch of its International Individual Check solution.

Know Your Business (KYB) is a crucial process for verifying business entities during the onboarding phase, aimed at understanding risk factors, financial health, creditworthiness, and beneficial ownership.

The financial services industry is undergoing a transformation driven by artificial intelligence (AI) technologies, particularly machine learning (ML). These advancements are significantly enhancing anti-money laundering (AML), counter-financing of terrorism (CFT), and sanctions screening as part of customer lifecycle management (CLM).