Search Results for: money laundering

Wolters Kluwer Compliance Solutions Wins Three International Business Awards
Fintech News Risk Management

Wolters Kluwer Earns Prestigious XCelent Award for “Know Your Customer” Offering

Fintech News Desk
by Fintech News Desk0
OneSumX for Customer Due Diligence solution helps financial institutions manage customer onboarding risks(Wolters Kluwer) Research and advisory firm Celent has honored Wolters Kluwer Compliance Solutions with a 2020 XCelent Award for Depth of Client Service in recognizing the company’s financial crime control offering, OneSumX for Customer Due Diligence (CDD). The recognition appears in Celent’s......
Banking Featured Fintech

Tools such as these are Enabling Better Identity Verification for Financial institutions

Fintech News Desk
by Fintech News Desk0
Fintech companies have brought much-needed technological advancements into the global business scenario and have caused a paradigm shift from traditional financial practices. More and more people are adopting complete-digital methodologies to carry out their financial procedures. More than 58% of the world’s population has access to the internet today.  The......
Triterras Launches Kratos Logistics Module in Partnership with Seven Oceans
Business Fintech News Trading

Netfin Acquisition Corp. to Combine with Triterras Fintech Pte Ltd., Creating a Leading Fintech Company Focused on Global Trade and Trade Finance

Fintech News Desk
by Fintech News Desk0
Netfin Acquisition Corp. (Nasdaq: NFIN, NFINW) (“Netfin” or the “Company”), a special purpose acquisition company targeting businesses in the fintech industry, and Triterras Fintech Pte Ltd. (“Triterras Fintech”), a leading fintech company for commodity trading and trade finance, have entered into a definitive agreement for Triterras Fintech to become a publicly listed......
LocalBitcoins Adopts Elliptic's Blockchain Monitoring Solutions to Manage Risk and Support Growth
Blockchain Fintech News Risk Management

LocalBitcoins Adopts Elliptic’s Blockchain Monitoring Solutions to Manage Risk and Support Growth

Fintech News Desk
by Fintech News Desk0
Elliptic, the global leader in cryptoasset risk management solutions, announced a partnership with LocalBitcoins, the world’s leading peer-to-peer (P2P) bitcoin exchange. LocalBitcoins now uses Elliptic’s industry-leading suite of blockchain monitoring tools to prevent the illicit use of its platform and comply with regulations such as the EU’s 5th Money Laundering......
Finastra names Hack to the Future winners
Artificial Intelligence Fintech News

Conpend TRADE AI app goes live on Finastra’s FusionFabric.cloud

Fintech News Desk
by Fintech News Desk0
App optimizes trade finance operations, automating paper-based, manual processes for compliance and document checking Finastra announced a new app available on its FusionFabric.cloud open development platform, Conpend TRADE AI. The app builds on the functionality of Finastra’s Fusion Trade Innovation technology to significantly cut document and compliance checking time. Using optical character recognition......
Cellebrite Adds Cryptocurrency & Blockchain Investigations Solution to Industry Leading Digital Intelligence Platform
Blockchain Cryptocurrency Fintech News

Cellebrite Adds Cryptocurrency & Blockchain Investigations Solution to Industry Leading Digital Intelligence Platform

Fintech News Desk
by Fintech News Desk0
Cellebrite’s Crypto Tracer Solution Gives Investigators Unparalleled Visibility into Cryptocurrency Movement Cellebrite, the global leader in Digital Intelligence (DI) solutions for public and private sectors, announced the launch of Cellebrite Crypto Tracer, a new comprehensive cryptocurrency investigation solution designed to accelerate investigations involving blockchain technology and cryptocurrency. The solution, powered......
Fintech Unicorn PingPong Payments: Fighting Fraud is a Never-Ending Battle
Fintech News

Fintech Unicorn PingPong Payments: Fighting Fraud is a Never-Ending Battle

Fintech News Desk
by Fintech News Desk0
The global fintech market is expanding rapidly and expected to reach $460 billion by 2025[1], yet total fraud losses have reached a staggering $42 billion worldwide in the past two years alone[2] – cash taken straight from businesses’ bottom-line. This has been exacerbated by the pandemic, which while accelerating e-commerce and the growth of digital......
International Bank of Azerbaijan Takes An Integrated Approach To Prevent Financial Crime Using FICO Solution
Banking Fintech News

International Bank of Azerbaijan Takes An Integrated Approach To Prevent Financial Crime Using FICO Solution

Fintech News Desk
by Fintech News Desk0
The International Bank of Azerbaijan (IBA) has announced that a system based on the FICO Siron solution has been successfully implemented to provide an integrated approach to combat money laundering and terrorist financing. Read More: GlobalFintechSeries Interview with Michael Higgins, Chief Executive Officer at Velox Clearing The system incorporates three modules......
Beyond Insurance and TrustLayer Announce New Strategic Partnership to Provide BIGN Members with Access to Risk Management Platform
Banking Business Capital Markets Fintech News

TransferGo Champions Frictionless ID Verification with SumSub and Veriff

Fintech News Desk
by Fintech News Desk0
Key partnerships will support seamless customer experience and deliver increased service reliability TransferGo, one of the world’s fastest-growing money transfer companies, today announces a partnership with robust, end-to-end ID verification companies SumSub and Veriff. Through SumSub and Veriff’s technology, TransferGo will be able to verify a customer’s identity and prevent......
Artificial Intelligence Blockchain Fintech Startups News

The World’s First Blockchain-based Digital Collector Coin Buyers will be Identified Using Artificial Intelligence

Fintech News Desk
by Fintech News Desk0
The Bank of Lithuania releases the world’s first blockchain-based digital collector coin that can be interchanged into a physical coin. The bank has formed a partnership with iDenfy to provide coin buyers with an automated identity verification process.  iDenfy, the Fintech Startup of the Year and the Central Bank of Lithuania,......
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