Tag: AML

Europol has supported the Spanish government in dismantling a criminal organisation which had been providing ‘large-scale’ crypto money laundering services to other criminal bodies.

Vital4, a data search and due diligence solution provider, has closed a $1.1m funding round to support its continued growth.

Identity verification platform Jumio has strengthened its partnership with challenger bank Monzo by singing a new multi-year agreement.

Mercury Payment Services and Arion Bank have integrated Fiserv to help them streamline their AML processes and fraud risk management.

Cybersecurity company Foregenix has teamed up with Australian payment card security company Tranwall to combat the rise of global ATM cashout fraud.

KYC and risk screening company International Screening Solutions (ISS) has closed a $1.5m funding round led by a group of technology-focused angel investors.

New Zealand’s Financial Markets Authority (FMA) will increase reviews on independent audits as well as client onboarding and account monitoring processes.

Autonomous financial crime management company NICE Actimize has been selected by Israel Discount Bank of New York (IDB Bank) to aid its AML processes.

Compliance technology platform Beam has bagged $9m in a mix of its Seed, Series A and venture debt funding.

Blockchain security company CipherTrace has reeled in $15m in venture capital funding led by Aspect Ventures.