Search Results for: Anti-Money Laundering

Alviere & Hawk AI Bring AI to the Global Battle Against Money Laundering
Finance News Technology

Alviere & Hawk AI Bring AI to the Global Battle Against Money Laundering

PR Newswire
by PR Newswire0
Hawk AI’s AML Solutions Elevate Anti-Money Laundering Technology in Alviere Embedded Finance Platform Alviere, the leading embedded finance platform provider, announced that it has selected Hawk AI, a leading global provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, as an AI-powered surveillance suite provider......
43% Of Property Professionals Ignore Rising Threat of Money Laundering Fines
Finance Fintech News

43 Percent Of Property Professionals Ignore Rising Threat of Money Laundering Fines

Fintech News Desk
by Fintech News Desk0
Training staff on the latest regulations identified as weakest part of anti-money laundering process Almost half (43%) of property professionals are not improving their anti-money laundering (AML) processes because they either don’t care or don’t think they will get fined. That’s according to a survey from anti-money laundering tech scaleup, First......
Arion Bank and Lucinity Join Forces in the Fight Against Money Laundering
Fintech News

Arion Bank and Lucinity Join Forces in the Fight Against Money Laundering

Fintech News Desk
by Fintech News Desk0
Arion joins a group of global banks and financial technology companies using Lucinity‘s anti-money laundering (AML) software solution Arion Bank has announced it will implement Lucinity’s technology to help strengthen its defenses against money laundering and contribute to a safer financial system. Lucinity’s software solution uses the latest artificial intelligence technology to......
FINOM Selects Resistant AI Transaction Forensics to Strengthen its Money Laundering Defences
B2B Finance News

FINOM Selects Resistant AI Transaction Forensics to Strengthen its Money Laundering Defences

Fintech News Desk
by Fintech News Desk0
The Pan-European B2B Fintech Platform Can Now Prioritise In-house Alerts More Effectively While Adding Advanced Anomaly Detection Resistant AI, the AI and machine learning financial crime prevention specialists, announced that FINOM, the Netherlands-based B2B fintech platform for small businesses and professionals, has selected Resistant AI Transactions Forensics to bolster its......
Bangkok Bank and SAS Counter Money Laundering With Award-Winning Global Solution
Banking News

Bangkok Bank and SAS Counter Money Laundering With Award-Winning Global Solution

Fintech News Desk
by Fintech News Desk0
IDC awarded Bangkok Bank “Best in Future of Trust” recognition at its inaugural IDC Future Enterprise Awards In a major advance of its anti-money laundering (AML) compliance program, Bangkok Bank Limited (BBL) has deployed a solution that integrates and consolidates AML processes across its 300 branches worldwide. Developed together with......
Human Trafficking a Serious Money Laundering Concern for Financial Institutions
Fintech News

Human Trafficking a Serious Money Laundering Concern for Financial Institutions

Fintech News Desk
by Fintech News Desk0
BAE Systems data reveals human trafficking is one of the top 5 biggest financial concerns for banks and insurers Money laundering techniques are now harder to spot and stop Financial compliance professionals blame ‘stagnant’ rules and regulations for hindering efforts to tackle money laundering Human trafficking is now one of......
Veriff
Finance Fintech News

Veriff Releases New Anti Money Laundering Compliance Product

Fintech News Desk
by Fintech News Desk0
 Veriff, a global identity verification provider released its new Anti Money Laundering (AML) compliance product, providing its customers with a full suite of tools to help them comply with anti-money laundering regulations. Identity verification, Politically Exposed Person (PEP) checks, adverse media screening, ongoing monitoring of persons and sanctions services help financial institutions......
Money Laundering: How It Works, and How to Combat It
Guest Posts Risk Management

Money Laundering: How It Works, and How to Combat It

Martin Cheek
by Martin Cheek0
For the layperson, the act of anti-money laundering monitoring may seem like it should solely be the purview of governmental authorities. But the fact of the matter is that money laundering is a process far more common than one might think: according to the Treasury department, financial crime in the United......
Greece's Eurobank Detects Money Laundering Attempts Across Bank with FICO Solution
Banking Business Fintech News

Greece’s Eurobank Detects Money Laundering Attempts Across Bank with FICO Solution

Fintech News Desk
by Fintech News Desk0
One of Greece’s 4 systemic banks meets new regulations with an advanced solution, winning 2021 FICO Decisions Award for Regulatory Compliance Highlights: Eurobank, one of the four systemic banks in Greece, has responded to new European regulations by broadening its use of FICO compliance solutions to cover all stages of the......
3i Infotech’s AI-Powered AMLOCK Analytics Helps Organizations Address Money Laundering
Banking Fintech News

3i Infotech’s AI-Powered AMLOCK Analytics Helps Organizations Address Money Laundering

Fintech News Desk
by Fintech News Desk0
 3i Infotech Limited, a global Information Technology company, launched AMLOCK Analytics, its advanced anti-money laundering (AML) solution powered by Artificial Intelligence (AI) and Machine Language (ML), which enables banks and financial institutions to identify complex and hidden AML patterns. It helps organizations to meet their most critical challenge of managing high false......
1