Tag: AML
International Screening Solutions bags $1.5m in angel-led round
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 FMA reveals new focuses for AML/CTF
New Zealand’s Financial Markets Authority (FMA) will increase reviews on independent audits as well as client onboarding and account monitoring processes.
IDB Bank picks NICE Actimize to bolster AML 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.
Beam bags $9m in a wave of funding
Compliance technology platform Beam has bagged $9m in a mix of its Seed, Series A and venture debt funding.
CipherTrace reels in $15m in round led by Aspect Ventures
Blockchain security company CipherTrace has reeled in $15m in venture capital funding led by Aspect Ventures.
European Commission releases list of 23 countries with weak AML/CTF processes
The European Commission has adopted a new list of 23 countries with weak anti-money laundering and terrorist financing regimes.
Import.io acquires web data extractor Connotate
Web data integration solution Import.io has acquired Connotate, a web data extraction platform, for an undisclosed amount.
Chainalysis bags $30m in Series B led by Accel
Chainalysis, a cryptocurrency compliance and investigation solution, has bagged $30m in its Series B round.
UK Home Office establishes new taskforce to combat economic crime
The UK’s Home Secretary and Chancellor are chairing a new government taskforce which has been established to work alongside senior figures from the UK financial sector to tackle economic crime.
Irish Cabinet approves new bill which supports directives of 5AML
Irish Cabinet has approved the proposal on new anti-money laundering legislation presented by Minister for Justice and Equality Charlie Flanagan.