Search Results for: money laundering

Bitex Partners with Onfido for Instant and Secure KYC for Crypto Investors
Artificial Intelligence Cryptocurrency Currency Exchange Machine Learning News

Bitex Partners with Onfido for Instant and Secure KYC for Crypto Investors

Fintech News Desk
by Fintech News Desk0
AI powered automatic facial similarity detection to authenticate customers in real time; prevent fake users from joining Bitex platform With volatility emerging as a major concern around digital assets like Bitcoins, implementation of strict Know Your Customer (KYC) and Anti-Money Laundering (AML) measures have gained significance. To provide instant and......
OSL Digital Securities Executes First Regulated Virtual Asset Trades in HK, SFC-Licensed Exchange and Brokerage Now Live Trading
Digital Finance Fintech News

OSL Digital Securities Executes First Regulated Virtual Asset Trades in HK, SFC-Licensed Exchange and Brokerage Now Live Trading

Fintech News Desk
by Fintech News Desk0
In a Hong Kong-first, OSL Digital Securities Limited (OSL DS), the world’s only SFC-licensed, listed, Big-Four-audited digital asset platform and member of BC Technology Group (stock code 863 HK), today announced its official go-live with the execution of the first customer trades via it’s licensed trading desk. OSL DS holds a license for......
CashtoCode Announces New Leadership Team and Record Growth Figures
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CashtoCode Announces New Leadership Team and Record Growth Figures

Fintech News Desk
by Fintech News Desk0
Thousands turning to cash payment options during pandemic CashtoCode, the instant cash payment service for online merchants, announced its new leadership team following a hugely successful 12 months. iGaming is a key market for CashtoCode and by offering operators access to a new market sector of customers who prefer cash......
Primer on What is RegTech : Definitions, Stats and Tools
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Global Fintech Series Primer on What is RegTech: Definitions, Stats and Tools

Sudipto Ghosh
by Sudipto Ghosh0
In the last 10 years or so, global financial institutions and regulatory bodies have come together to unleash a battery of regulations for Banking, Insurance, and Micro-economies. The advancement of new technologies such as AI, Machine Learning Engineering, Big Data, Cloud and Edge Computing, Blockchain and Crypto, and low-code DevOps, have heavily disrupted the RegTech industry. This primer dives......
Bank Regulatory Experts Dustin Palmer and Christopher Sidler Join BRG
Fintech News

Bank Regulatory Experts Dustin Palmer and Christopher Sidler Join BRG, Augmenting Firm’s Financial Crimes Compliance Expertise

Fintech News Desk
by Fintech News Desk0
Team brings significant financial services expertise, including Bank Secrecy Act, anti-money laundering, sanctions, fraud and anti-bribery and -corruption, along with deep experience working with Treasury Department, FinCEN and OFAC Berkeley Research Group (BRG) announced that Dustin Palmer and Christopher Sidler have joined the firm as managing directors in its Financial Institutions Advisory practice.......
Hong Kong Institutional-grade Crypto Exchange HKVAX Partners with Elliptic to Mitigate Financial Crime Risk
Cryptocurrency Currency Exchange News Risk Management

Hong Kong Institutional-grade Crypto Exchange HKVAX Partners with Elliptic to Mitigate Financial Crime Risk

Fintech News Desk
by Fintech News Desk0
As institutional adoption of crypto such as bitcoin increases, compliance is top of the list of challenges that exchanges like HKVAX need to tackle Elliptic provides HKVAX crypto AML/CFT solutions for real-time transaction monitoring and wallet screening HKVAX, an institutional-grade crypto exchange based in Hong Kong, has announced a partnership with Elliptic,......
ABA Bank Selects Alessa for AML Compliance
Banking Digital News Risk Management

ABA Bank Selects Alessa for AML Compliance

Fintech News Desk
by Fintech News Desk0
Cambodia’s leading private financial institution chooses compliance solution from Tier1 Financial Solutions to strengthen its anti-money laundering and fraud prevention missions Tier1 Financial Solutions, a leading provider of client relationship management, compliance and fraud prevention solutions, has announced that the ABA Bank has selected Alessa to fulfill its transaction monitoring,......
ALSEGO Launches a New Financial Middleware Solution
Banking Fintech News

ALSEGO Launches a New Financial Middleware Solution

Fintech News Desk
by Fintech News Desk0
ALSEGO has launched Symphony, a new financial middleware solution for the conversion, validation & transmission of interbank financial messages. Banks exchange a significant number of financial messages every day, sharing files in various formats. Each file contains several messages, each of which corresponds to an interbank financial transaction. For example,......
Capital One Exec Joins Fraud Elimination Leader Vesta as Head of AI and R&D
Artificial Intelligence Fintech Machine Learning News Risk Management

Capital One Exec Joins Fraud Elimination Leader Vesta as Head of AI and R&D

Fintech News Desk
by Fintech News Desk0
Paul Melby will oversee the launch of Vesta’s new AI lab to accelerate development of advanced fraud-eliminating capabilities. Vesta, a global leader in card-not-present (CNP) fraud prevention and approval enhancement solutions, today announced it has tapped industry veteran Paul Melby to serve as Senior Vice President, Artificial Intelligence and R&D. His duties......
Three Ways To Fight Bank Fraud
Artificial Intelligence Banking Fintech Guest Posts Investment Services Risk Management Robotic Process Automation

Three Ways To Fight Bank Fraud

Cheryl Chiodi
by Cheryl Chiodi0
The rise in daily fraud attacks on banks and financial institutions has led to some organizations adding additional resources to their financial crime teams, but if they are still using old tools, is throwing more people at the problem the answer? There is no doubt that Know Your Customer (KYC)......
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