Tag: financial institutions

In today's digital landscape, the importance of identity verification extends beyond mere procedure; it's a critical safeguard against escalating fraud risks.

Inadequate oversight in AML/CFT and sanctions can lead to substantial regulatory sanctions, reputational damage, and severe financial penalties.

With only three months left until DORA becomes enforceable, the AFME has highlighted significant readiness challenges. According to Corlytics, at a recent panel in London,...

In a revealing study conducted by Kidbrooke, the 2024 Fund Information Review highlighted significant gaps in how Swedish fund companies present crucial investment information to their clientele.

QuantCube Technology today unveiled its innovative Asset Mapping database, engineered to bridge the critical data gap faced by banks, insurance firms, asset managers, and corporations.

The KYB framework is vital for verifying the legitimacy and integrity of a business entity, ensuring that it adheres to legal and regulatory standards....

In a move to modernize AML/CFT frameworks, the U.S. Department of the Treasury's FinCEN has unveiled a proposal under the Anti-Money Laundering Act of 2020.

In the rapidly evolving landscape of digital payments, the traditional methods of financial crime prevention are proving inadequate. NextGen Client Screening is revolutionizing this arena by integrating advanced automation and configurable systems, aiming to concentrate Financial Crime Compliance (FCC) teams on truly high-risk activities.

A new e-book, co-created by Salv, Thistle Initiatives, and We Fight Fraud, offers a deep dive into the mechanics of APP (Authorised Push Payment) fraud, providing readers with a view from the victim’s perspective.

Novatus Global, a London-based leader in regulatory technology, has announced a significant growth investment of $40m from Silversmith Capital Partners, a growth equity firm located in Boston.