Tag: Anti-Money Laundering
The indispensable role of threat and risk analysis
Facing the interconnected and complex financial ecosystems of today, financial institutions are grappling with regulatory compliance and financial crime prevention.
EBA proposes extension of anti-money laundering rules to crypto services
The EBA has started a public consultation to review its guidelines on money laundering and terrorist financing risk factors.
Tackling account takeover fraud: Detecting signs and implementing prevention strategies
In a recent post by Alessa, the company detailed how businesses can tackle account takeover fraud and ways to detect signs of it.
Team8 leads $5m seed round for FinTech start-up Ballerine
Ballerine, a leading player in the open-source risk decisioning platform arena, has announced a successful seed funding round.
Alviere and Hawk AI join forces to revolutionise AML tech
Alviere, a pioneering embedded finance platform provider, and Hawk AI, a leading anti-money laundering (AML) and fraud prevention tech provider for banking and payment companies, are teaming up.
Choosing the right digital wealth management tool for your financial success
Digital wealth management tools have surged in popularity, providing individuals with affordable access to professional investment services. However, with a plethora of options available, selecting the ideal platform can be challenging. Here are some crucial factors to keep in mind when making your decision.
Global Investment in AML & FinCrime Tech companies grew 20.18% (CAGR)...
Key AML and FinCrime statistics 2022:
• Global investment dropped 43% in 2022 from 2021
• UK investment increased more than three-fold in 2022 (from 2021)...
Iceland’s Arion Bank implements Lucinity to fight money laundering
Icelandic bank Arion Bank will implement the software of RegTech platform Lucinity to bolster its defences against money laundering.
Anti-money laundering RegTech Hawk:AI teams with Ondato
Hawk:AI, which offers anti-money laundering surveillance technology, has partnered with KYC and customer onboarding company Ondato.
UR Islamic Bank’s new partnership to combat money laundering in Iraq
UR Islamic Bank will implement Capital Banking Solutions integrated compliance platform to help prevent money laundering and tax evasion in Iraq.