Tag: AML

US regulators have come together to issue a joint statement reminding those engaged with digital asset to meet anti-money laundering (AML) and counter financing terrorism (CFT).

Austreme has received a patent for its transaction laundering detection technology, which helps identify transactions from unauthorized e-commerce websites.

HSBC has beefed up its financial crime detection system by deploying Quantexa’s contextual big data solutions.

Benoît Cœuré, executive board member of the European Central Bank, has told the German Bundestag that stablecoins like Facebook’s Libra initiative come with both risks and opportunities.

Alloy, an identity verification service for financial services, has bagged $12m in its Series A round.

European payments company Nets has teamed up with KPMG to create a new fraud monitoring and prevention solution.

Elliptic, a crypto-asset risk management platform, has collected $23m in its Series B round led by SBI Group.

Hong Kong Monetary Authority (HKMA) and the country’s banking sector commended on its AML and terrorist financing risks protocols by task force.

Digital identity startup Jumio has joined NICE Actimize’s X-Sight Marketplace, an ecosystem designed to assist in financial crime management.

Private equity firm OpenGate Capital has acquired a majority stake in InRule Technology, a decision management platform.