Tag: KYC

Source of Funds compliance has spent much of the past decade as a background AML task, a box ticked on higher-value transactions rather than...

Compliance analysts are meant to be investigating risk and stopping fraud, yet much of their day is consumed by chasing documents and verifying paperwork....

CleverChain has become one of roughly 190 organisations to sign the European Commission's Code of Practice on Transparency of AI-Generated Content, underlining its stance...

Financial crime is growing more sophisticated, and compliance teams that still rely on disconnected fraud and AML systems risk falling behind both fraudsters and...

Customer risk does not wait for a calendar. Between one scheduled KYC review and the next, a director can be replaced, a beneficial owner...

Banks could unlock productivity gains of up to 20 times by deploying a workforce of AI agents, according to McKinsey.   The consultancy's estimate rests...

Napier AI, the London-based financial crime compliance technology company, has partnered with Delta Capita, a global provider of managed services, technology and consulting, to...

BGL has partnered with OnboardMe, a client onboarding platform, to help accounting firms manage AML/CTF compliance more efficiently.

MVB Bank, a West Virginia-based subsidiary of Nasdaq-listed MVB Financial Corp., has agreed a multi-year partnership with Bretton AI to use AI-powered operations for...

Hopae Connect has expanded its identity verification network into Southeast Asia, adding support for the Philippines National ID and Indonesia's NIK, a move that...