Search Results for: Anti-Money Laundering

Fenergo Reports Rapid Cloud Adoption in Financial Sector Digital Awakening
Fintech News

AML, KYC and Sanctions Fines for Global Financial Institutions Reach $5.6 Billion Mid-Year

Fintech News Desk
by Fintech News Desk0
Repercussions from high profile scandals and compliance failings hit US, Israeli, Nordic and German banks hardest Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions, today released its mid-year findings on global financial institution fines which show that by the end of July 2020, penalties......
ACAMS Partners with FINTRAIL to Launch New AML Compliance Certification Program for FinTech Firms
Artificial Intelligence Business Fintech News

ACAMS and ElephantThink Partner to Deliver Groundbreaking Web-Based Transaction Monitoring and Know-Your-Customer Training for ING Globally

Fintech News Desk
by Fintech News Desk0
Multi-lingual SaaS Solution developed for Dutch financial group’s global employee base ACAMS, in partnership with artificial intelligence (AI) company ElephantThink, has successfully conceptualized and delivered its first fully online web-based compliance training program for Dutch banking group ING. The training partnership is for a multi-lingual SaaS solution offering mobile and......
Elliptic Recognizes Cryptoasset Businesses For Outstanding Compliance
Blockchain Fintech News

Elliptic and Fireblocks Integrate to Strengthen Enterprise Security and Compliance in the Crypto Industry

Fintech News Desk
by Fintech News Desk0
Elliptic, the global leader in cryptoasset risk management solutions, and Fireblocks, an institutional platform for storing, transferring, and issuing digital assets, announced today that Elliptic’s blockchain analysis solutions for transaction and wallet risk screening are now integrated into the Fireblocks platform, automating anti-money laundering (AML) compliance for shared institutional customers. Read More: GlobalFintechSeries Interview with Curtis......
Despite Pandemic, Businesses Feel Ready to Face Challenges to Drive Growth, Lean on Modifications to Operations to Get There
Fintech News

Innovative Relationship Between Chartwell Compliance and MVB Creates Unique Opportunities on the Financial Frontier

Fintech News Desk
by Fintech News Desk0
Less than a year ago, MVB Financial Corp. (“MVB,” “MVB Financial”) (Nasdaq: MVBF), the holding company for MVB Bank, Inc., announced that Chartwell Compliance had joined the MVB family through its acquisition as a wholly-owned subsidiary of MVB Bank. Today, Chartwell Compliance has fully integrated into the MVB family and......
Bates Group, Complidata Partner to Bring Leading Financial Services Industry Experts, A.I. Technology Together to Optimize AML Investigations and Compliance
Artificial Intelligence Business Fintech News

Bates Group, Complidata Partner to Bring Leading Financial Services Industry Experts, A.I. Technology Together to Optimize AML Investigations and Compliance

Fintech News Desk
by Fintech News Desk0
Bates Group LLC and Complidata announced a partnership to combine leading financial crime industry expertise and Artificial Intelligence technology together in a joint approach to assist financial institutions with tuning and optimizing their anti-money laundering operations and compliance. Read More: GlobalFintechSeries Interview with Christian Spaltenstein, Managing Director – Americas at......
Blockchain Cryptocurrency Featured Fintech

Blockchain Backed Tools That Are Enabling Better Security Protocols For Financial Institutions

Fintech News Desk
by Fintech News Desk0
The blockchain market is expected to grow by USD 39.7 billion by the year 2025, according to a recent study. Simply put, blockchain technology involves the creation of blocks of information that are stored in chain formats. As new blocks are added to the chain, a digital ledger is formed.......
RegTech Platform kompany Accelerates Growth With New Funding
Artificial Intelligence Fintech Investment Services News

RegTech Platform kompany Accelerates Growth With New Funding

Fintech News Desk
by Fintech News Desk0
New investors in kompany, the Anti-Money Laundering & Business KYC (KYB) platform, bring total raised to €14 million kompany, the award winning RegTech platform for Business KYC (KYB) announced new investment of almost €6 million, the company’s largest single investment round to date. It will use the new funding to......
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......
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