Search Results for: financial crime management

Demystifying AI for AML: European Banking Federation and SAS Help Banks Worldwide Fight Financial Crime
Banking Fintech News

Demystifying AI for AML: European Banking Federation and SAS Help Banks Worldwide Fight Financial Crime

Fintech News Desk
by Fintech News Desk0
Pre-registration for the knowledge partners’ AML Masterclass series exploring advanced analytics for AML compliance is open now The United Nations Office on Drugs and Crime estimates that US$800 billion to $2 trillion is laundered through worldwide financial systems each year. That’s an astonishing 2-5% of global GDP. The European Banking Federation (EBF) – uniting......
Elliptic Raises $60 Million To Accelerate Safe Adoption of Cryptoassets By Mainstream Financial Markets
Cryptocurrency Currency Exchange Fintech News

Elliptic Raises $60 Million To Accelerate Safe Adoption of Cryptoassets By Mainstream Financial Markets

Fintech News Desk
by Fintech News Desk0
New Investment to Expand Team and Network Globally and Accelerate Research and Development Elliptic, the global leader in cryptoasset risk management, announced today it has raised $60 million in Series C funding. The financing round was led by Evolution Equity Partners, alongside new investment from SoftBank Vision Fund 2. Existing......
Elliptic Raises $60 Million To Accelerate Safe Adoption of Cryptoassets By Mainstream Financial Markets
Blockchain Finance Fintech News

Elliptic Raises $60 Million To Accelerate Safe Adoption of Cryptoassets By Mainstream Financial Markets

Fintech News Desk
by Fintech News Desk0
New Investment to Expand Team and Network Globally and Accelerate Research and Development Elliptic, the global leader in cryptoasset risk management, announced it has raised $60 million in Series C funding. The financing round was led by Evolution Equity Partners, alongside new investment from SoftBank Vision Fund 2. Existing investors......
Oracle Promotes Responsible Use of AI in Financial Institutions
Fintech News

Oracle Promotes Responsible Use of AI in Financial Institutions

Fintech News Desk
by Fintech News Desk0
New governance capabilities for financial crime and compliance management help banks boost the transparency and fairness of AI models to help address regulatory obligations A recent World Economic Forum survey found that 85% of financial institutions have implemented AI, but some still have concerns about its use. To help financial institutions......
NICE Actimize Augments its Anti-Money Laundering Solutions with Real-time AI Entity Resolution For More Effective Financial Crime Detection
Fintech News Risk Management

NICE Actimize Augments its Anti-Money Laundering Solutions with Real-time AI Entity Resolution For More Effective Financial Crime Detection

Fintech News Desk
by Fintech News Desk0
Financial services organizations gain increased confidence with a trusted record of their entities and their associated risks Securing a single, accurate record of customer information has become increasingly important as anti-money laundering programs shift from transactional analysis to a more focused, customer-centric analysis. Addressing this market concern, NICE Actimize, a NICE......
NICE Actimize Establishes Strategic Partnership with Tata Consultancy Services to Expand Markets for its Financial Crime Solutions
Finance Fintech News

NICE Actimize Establishes Strategic Partnership with Tata Consultancy Services to Expand Markets for its Financial Crime Solutions

Fintech News Desk
by Fintech News Desk0
Customers across financial services organizations, including the insurance industry, will benefit from the new partnership designed to simplify business processes and foster innovation NICE Actimize, a NICE business, announced a strategic partner agreement with Tata Consultancy Services , a leading global IT services, consulting and business solutions organization, to expand its markets......
Fintech Events: FinCEN Takes Massive Step to Enhance Financial Services Inclusion for Fintech and Regtech Companies
Digital Asset Management Featured Finance

Fintech Events: FinCEN Takes Massive Step to Enhance Financial Services Inclusion for Fintech and Regtech Companies

Sudipto Ghosh
by Sudipto Ghosh0
On October 14, The Financial Crimes Enforcement Network (FinCEN) will host an interactive virtual event on advanced Digital Identity services and technologies. These technologies are largely used in the Fintech and Regtech domains, helping companies to sync in their efforts against Anti-money laundering (AML) activities, and reporting illicit financial crimes......
Financial Crime Risk Authority and Industry Pioneer Debra Geister Joins Socure as VP of Product Commercialization, Compliance, and Regulatory
Banking Finance Fintech News

Financial Crime Risk Authority and Industry Pioneer Debra Geister Joins Socure as VP of Product Commercialization, Compliance, and Regulatory

Fintech News Desk
by Fintech News Desk0
Socure, the leading provider of digital identity verification and fraud solutions, announced the continued growth of its executive leadership team with the addition of Debra Geister as vice president of product commercialization, compliance, and regulatory. Geister will work closely with regulators and customers to ensure that Socure products meet the industry’s......
Elucidate
Finance Fintech News Risk Management

Elucidate Launches Open Database of Financial Crime Risk Scores in the Banking Industry

Fintech News Desk
by Fintech News Desk0
The Elucidate FinCrime Risk Monitor (EFRM) is an open database for scoring the financial crime risk vulnerability of financial institutions Elucidate’s FinCrime Risk Monitor (EFRM) is the first time that financial institutions have been publicly scored and ranked according to their financial crime risk The initial version of the open......
International Currency and Global Payment Expert Firma Upgrades Anti-Financial Crime Capabilities With Napier
Digital Payments Fintech News

International Currency and Global Payment Expert Firma Upgrades Anti-Financial Crime Capabilities With Napier

Fintech News Desk
by Fintech News Desk0
Napier, provider of advanced anti-financial crime compliance solutions, has announced it is now the platform of choice for Firma, a foreign exchange and global payments company headquartered in Canada. Napier, which works with financial organizations around the globe to provide AI-led anti-money laundering solutions, will supply Firma with Transaction Monitoring, Client......
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