Tag: AML

The European Commission has announced plans to create a new Anti-Money Laundering Authority (AMLA) following a flurry of recent financial crime scandals.

Data and analytics software company Quantexa has introduced the latest updated version of its contextual monitoring and investigations solution Quantexa Syneo

Blockpit, which offers tax reporting and portfolio tracking services for cryptocurrency, has scored $10m in its Series A.

A study by LexisNexis Risk Solutions has found 78% of compliance professionals in the UK see increased anti-money laundering (AML) legislation on the horizon due to Brexit.

Open banking software developer Transactive has bolstered its internal AML transaction monitoring platform through the integration of Sentinels Global. Through the partnership, Sentinels, which offers...

Estonian identity verification firm Veriff has launched its new Anti Money Laundering (AML) compliance to aid companies in complying with AML regulations.

Getting to grips with the threat of financial crime looms large in the minds of banks, especially as more of the world goes online. Not being able to manage modern financial crime could be terminal for them, but data could be the key to the solution.

Money laundering, bribery and corruption are still a pressing issue within financial institutions, but the best way to combat this is through solid operational risk management sponsored from the top.

Combating money laundering and fraud is a tall order and while AI technology is being utilised to improve the battle, leveraging name science is key to unlocking the technology’s full potential.

The US Congress passed the Anti-Money Laundering Act 2020 and could be one of the most impactful changes to AML for two decades.