Tag: financial crime

Li Yonghui, the chairman and CEO of New York-listed FinTech firm Fincera, has been detained by Chinese police under suspicion of illegally accepting public funds.

The US’ Financial Crimes Enforcement Network (FinCEN) has issued guidance around regulatory requirements of virtual currencies.

Simudyne, a platform which hosts financial market simulations to identify fraud, has pulled in $6m in Series A of fundraising.

NICE Actimize has launched a machine-learning based Platform-as-a-Service designed to power the financial crime risk management marketplace.

Singapore FinTech Association (SFA) has joined forces with Thomson Reuters to fight financial crime.

Quantexa, a company leveraging big data analytics to tackle complex financial crime, has raised $20m in Series B funding.

Standard Chartered has bolstered its fight against financial crime by partnering with RegTech firm Silent Eight.

ThetaRay, which uses AI and big data to prevent financial crime, has completed a fund-raising round of over $30m.

Payments solution company Lemon Way has chosen Accurity to streamline its financial crime compliance process.