Tag: transaction monitoring

The journey of digital transformation has been a critical focus for financial institutions (FIs). While considerable progress has been made in digitising compliance and operational processes, a significant challenge remains: addressing Financial Crime comprehensively.

Digital payment pioneer, Wirex, has forged a partnership with Sumsub, a leading global full-cycle verification platform. This collaboration aims to fortify Wirex's stance in the domain of virtual asset compliance and transaction monitoring.

Acuminor recently described how its Risk Assessment Pro platform helped to change a bank's financial crime risk management. 

In the high-speed and complex financial landscape we find ourselves in today, one of the most significant hurdles to overcome is the ever-present threat...

Hawk AI has entered into a partnership with Scorechain to unveil a end-to-end transaction monitoring solution. 

In a recent post by Flagright, the company gave a detailed outline of the role of transaction monitoring and why it is so important. 

Fenergo, a leading provider of digital Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management (CLM) solutions, and Coinmotion, a Finland-based cryptocurrency service provider, are partnering to streamline anti-money laundering (AML) compliance processes.

In a recent post by Alessa, the firm outlined the role of AML audits in enhancing regulatory compliance at companies. 

Fenergo, a KYC and CLM digital solutions provider, has released a new transaction monitoring tool, following the consolidation of its Sentinels acquisition one year ago.

AI’s use in transaction monitoring has not always been welcomed, but the market is changing, and it is quickly becoming core to these processes.