Tag: AML

Deutsche Bank has come under fire for failing to inform federal financial crime watchdogs in regard to suspicious transactions involving Donald Trump and his son-in-law Jared Kushner.

A fifth of financial institutions claim outdated technology infrastructures are holding them back from investing in new solutions such as AI, a study from Fenergo claims.

TruNarrative has partnered with UK-based Atom bank to help the firm with its AML transaction monitoring and financial crime customer screening and monitoring. Atom chose...

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.