Search Results for: financial crime management

Consilient Bank Trials Demonstrate Federated Machine Learning Improves Effectiveness and Efficiency for Financial Crime Detection
Banking Economy Fintech Machine Learning News

Consilient Bank Trials Demonstrate Federated Machine Learning Improves Effectiveness and Efficiency for Financial Crime Detection

Fintech News Desk
Consilient applies its federated learning model and machine-learning technology for anti-money laundering and countering the financing of terrorism efforts for financial institutions In recent bank trials, fintech innovator Consilient demonstrated successful federated machine learning for the detection of financial crime. Traditionally, financial institutions silo their efforts to combat financial crime......
Hakrinbank Selects Tookitaki To Ensure Sustainable Financial Compliance Monitoring
Banking Business Digital Economy Fintech Investment Services News

Hakrinbank Selects Tookitaki To Ensure Sustainable Financial Compliance Monitoring

Fintech News Desk
Tookitaki will deploy its industry-leading Anti-Money Laundering Suite (AMLS) to help Hakrinbank detect and prevent financial crime The deployment to significantly improve current legacy AML system and data analysis environment Tookitaki, a global regulatory technology (RegTech) company that enables financial institutions to develop sustainable compliance programs, today announced a partnership with Hakrinbank, a leading South American......
Corgentum Consulting Launches Cryptocurrency Compliance, Operations And Risk Management Solution Suite
Cryptocurrency Fintech News Risk Management

Corgentum Consulting Launches Cryptocurrency Compliance, Operations And Risk Management Solution Suite

Fintech News Desk
Services allow investors and crypto asset managers to implement institutional best practices Corgentum Consulting, a leading provider of operational due diligence reviews and background investigations, announced today the launch of a new suite of compliance, operations and risk products to support cryptocurrency investors and asset managers in digital currency investment......
Tier1 Acquires Compliance and Financial Crime Prevention Software Solution, Alessa
Business Fintech News

Tier1 Acquires Compliance and Financial Crime Prevention Software Solution, Alessa

Fintech News Desk
The acquisition expands Tier1’s portfolio of digital transformation solutions to optimize client engagement, increase operational efficiency and reduce regulatory compliance risk, and is in conjunction with President Jiro Okochi’s promotion to CEO of Tier1. Tier1 Financial Solutions, a leading provider of client relationship management (“CRM”) solutions, has acquired Alessa, a compliance and......
ComplyAdvantage Releases State Of Financial Crime Report For 2021
Business Fintech News Risk Management

ComplyAdvantage Releases State Of Financial Crime Report For 2021

Fintech News Desk
Designed as an must-have strategic roadmap for compliance teams, the comprehensive report covers financial crime insights related to fraud, cyber, and money laundering, the rise of crypto, and the ever-changing sanctions landscape ComplyAdvantage, a global data technology company transforming financial crime detection, today announced the availability of the firm’s much anticipated......
FICO Partners with Duck Creek Technologies
Blockchain Business Cryptocurrency Fintech News

FICO and Crystal Blockchain of Bitfury Group Announce Partnership To Deliver Real-Time Cryptocurrency Risk Management

Fintech News Desk
FICO, a global analytics leader, and Crystal Blockchain of Bitfury Group (“Crystal“), a leading digital currency analytics company, announced a partnership to provide cryptocurrency risk management and monitoring services.  With an increasing number of financial service providers looking to expand services into the crypto market, the joint offering will help to protect......
K2 Integrity Bolsters Financial Investigations and Forensic Accounting Services
Business Fintech News

K2 Integrity Announces Intent to Partner with ABA as Provider of Financial Crimes Resources

Fintech News Desk
K2 Integrity, the preeminent risk, compliance, investigations, and monitoring firm, announced its intent to partner with the American Bankers Association (ABA). The announcement was made virtually at the 32nd annual ABA/ABA Financial Crimes Enforcement Conference. Read More: Opportunity Fund Partners with Lendio and Funding Circle, Increasing Small Businesses’ Access to Credit Through this......
Privacy Coins Zcash and ZEN Added to Elliptic's Blockchain Monitoring Platform
Business Cryptocurrency Fintech News

Elliptic Research Shows a Dramatic Increase in the Use of Privacy Wallets to Launder Proceeds of Crime in Cryptoassets

Fintech News Desk
Hundreds of millions of dollars worth of criminal proceeds have been sent through privacy wallets such as Wasabi Wallet At least 13% of all criminal proceeds in Bitcoin were sent to privacy wallets in 2020 – up from 2% in 2019  Elliptic, a leading provider of cryptoasset risk management solutions......
Global-Financial-Institution-Fines-for-AML_-Data-Privacy-and-MiFID-Rise-26%-in-2020
Business Fintech News

Global Financial Institution Fines for AML, Data Privacy and MiFID Rise 26% in 2020

Fintech News Desk
Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions, today released its annual findings on global financial institution fines which show that for the year to date, penalties have totalled $10.4 billion for non-compliance with Anti-Money Laundering (AML), Know your Customer (KYC), data privacy and MiFID......
CSI Partners with Featurespace for Anti-Money Laundering Solution to Combat Financial Crime
Business Fintech News

CSI Partners with Featurespace for Anti-Money Laundering Solution to Combat Financial Crime

Fintech News Desk
To empower its customers in the fight against financial crime, Computer Services, Inc. (CSI), a provider of end-to-end fintech and regtech solutions, has partnered with Featurespace™, a leading provider of Enterprise Financial Crime prevention software, to launch a holistic anti-money laundering (AML) solution: WatchDOG® AML. Read More: Reggora Welcomes Paul Deeley......
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