Tag: financial crime
Featurespace and OrboGraph unite to combat rising check fraud with advanced...
Featurespace, a global fraud and financial crime prevention firm, has entered into a strategic partnership with OrboGraph, a leading provider of check processing automation and fraud detection software and services.
The critical role of PEP compliance in financial institutions
Politically Exposed Persons, or PEPs, are those who occupy prominent positions in public offices, potentially including roles in government bodies, international organisations, or significant corporate entities.
Napier AI’s call for smarter CDD practices in HM Treasury’s latest...
Napier AI has responded to a consultation from HM Treasury, the UK government's economic and finance ministry, on enhancing the effectiveness of the Money...
Navigating KYC & KYB Compliance
In the realm of FinTech, understanding the nuances between Know Your Customer (KYC) and Know Your Business (KYB) is essential for businesses navigating the complexities of regulatory compliance and risk management. Both KYC and KYB processes are foundational in building trust and ensuring financial integrity within companies.
Navigating sanctions screening challenges in the FinTech landscape
Ensuring compliance with sanctions screening is pivotal in risk management for globally operating businesses.
Navigating regulatory challenges amidst shifting global trends
As 2024 progresses, regulators worldwide find themselves increasingly busy, grappling with the dual challenges of an ever-changing geopolitical landscape and the rapid evolution of technology.
Fenergo launches AI-powered CLM to enhance compliance and efficiency
Fenergo, the leading provider of digital solutions for KYC, CLM and transaction monitoring, has launched AI Powered CLM.
How Australia is tackling financial crime with technology
In the ever-evolving landscape of financial crime, Australian institutions face a dynamic and challenging environment, according to Napier AI.
How SymphonyAI empowers financial crime investigators to become more efficient
As budgets tighten, financial services firms require more efficient ways to handle their financial crime prevention. Jason Shane, Head of Strategy & Innovation at SymphonyAI’s financial services division, explains why SymphonyAI is the perfect solution to this problem.
Insights from a data scientist: Implementing AI in financial crime compliance
The financial services industry is undergoing a transformation driven by artificial intelligence (AI) technologies, particularly machine learning (ML). These advancements are significantly enhancing anti-money laundering (AML), counter-financing of terrorism (CFT), and sanctions screening as part of customer lifecycle management (CLM).