Tag: financial crime

In the face of current economic tribulations, companies are tightening their belts, seeking value in every pound spent. At the same time, criminal activity, particularly financial crime, escalates during such precarious times, amplifying the demand for effective and resilient financial crime mitigation programmes.

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)...

Eventus has announced the broad introduction of Validus AML (VAML) to aid companies in finance and digital assets combat financial crime.

With the financial world becoming ever more interconnected with digital and technological innovations, the spectre of financial crime looms potentially larger than ever.

Flagright has partnered with Clear Junction to offer FinTechs with access to banking-as-a-service solutions.

Founded in 2021, the mission of Berlin-headquartered Flagright is to protect FinTechs from financial crime with risk-based transaction monitoring, case management, sanctions screening and ID verification products.  

In a world that is becoming more digitalised, financial crime is growing to become an even bigger challenge than in the past, with new avenues opened for threat actors.

Single.Earth, a GreenTech firm providing the world’s first nature-backed currency, has teamed with RegTech firm Salv to combat financial crime.

As the financial market hits a very turbulent period, the risk of financial crime will only increase. But how can firms ensure they are prepared???

Financial crime detection company ComplyAdvantage has named Vatsa Narasimha as its new CEO, as founder Charles Delingpole and current CEO transitions to executive chairman role.