Search Results for: financial crimes

Linear Financial Technologies Releases Linear Defense, Introducing A Paradigm Shift in Fraud Detection Methods
Fintech News

Linear Financial Technologies Releases Linear Defense, Introducing A Paradigm Shift in Fraud Detection Methods

Fintech News Desk
by Fintech News Desk0
Linear Defense is an AI-based fraud detection solution that enables financial institutions and other companies that onboard consumers and SMBs to be more cost efficient in underwriting fraud risk and to minimize lost business opportunities for new customer relationships. Linear Financial Technologies, the market leader in digital account origination technology......
Build Strategy for Financial Crime Management Solutions Losing Attractiveness Among APAC Financial Institutions
Fintech News

Build Strategy for Financial Crime Management Solutions Losing Attractiveness Among APAC Financial Institutions

Fintech News Desk
by Fintech News Desk0
IDC InfoBrief, commissioned by GBG, outlines critical parameters to consider when deciding to build, buy, or rent GBG (AIM: GBG), the global experts in digital identity, helping businesses prevent fraud and meet complex compliance requirements, announced the release of the IDC InfoBrief “Build, Buy or Rent: Evaluating an Effective Strategy......
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......
Tresata Announces the Beginning of the End of Financial Crime With Free Service, BADaaS
Banking Finance Fintech News

Tresata Announces the Beginning of the End of Financial Crime With Free Service, BADaaS

Fintech News Desk
by Fintech News Desk0
Bad Actor Discovery as a Service (BADaaS) is the first AI-powered service that uses publicly available data on financial crime to reveal hidden connections  Tresata announced the launch of its Regtech Cloud with the availability of Bad Actor Discovery as a Service (BADaaS). Powered by Tresata’s advanced AI systems, BADaaS offers......
LexisNexis® Risk Solutions Study Reveals Sharp Rise of Financial Crime Compliance Costs, Now Nearly $49.9 Billion Per Year for Financial Institutions in the United States and Canada
Fintech News

LexisNexis Risk Solutions Study Reveals Sharp Rise of Financial Crime Compliance Costs, Now Nearly $49.9 Billion Per Year for Financial Institutions in the United States and Canada

Fintech News Desk
by Fintech News Desk0
Decision makers inside banks, investment firms, asset managers and insurance firms identify the drivers impacting financial crime compliance LexisNexis Risk Solutions revealed the results of its annual True Cost of Financial Crime Compliance Study for the U.S. and Canada. The total projected cost of financial crime compliance for the region......
Human Trafficking a Serious Money Laundering Concern for Financial Institutions
Fintech News

Human Trafficking a Serious Money Laundering Concern for Financial Institutions

Fintech News Desk
by Fintech News Desk0
BAE Systems data reveals human trafficking is one of the top 5 biggest financial concerns for banks and insurers Money laundering techniques are now harder to spot and stop Financial compliance professionals blame ‘stagnant’ rules and regulations for hindering efforts to tackle money laundering Human trafficking is now one of......
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......
Vesto and FinClusive Announce a Strategic Partnership To Ensure Safer, Automated & Globally Compliant Financial Transactions
Banking Cryptocurrency Fintech News

Vesto and FinClusive Announce a Strategic Partnership To Ensure Safer, Automated & Globally Compliant Financial Transactions

Fintech News Desk
by Fintech News Desk0
Joint technology significantly increases the banking compliance and regulatory support of Vesto’s crypto banking-as-a-service platform by using FinClusive’s Compliance-as-a-Service  FinClusive, a market leading Compliance-as-a-Service (CaaS) company for financial services, and Vesto, a leader in crypto banking-as-a-service platforms, announced their strategic partnership to ensure the banking compliance and regulatory support of......
FiVerity Launches Cyber Fraud Network to Enable Financial Institutions to Securely Share Information on Fraudulent Identities
Artificial Intelligence Finance Fintech Machine Learning

FiVerity Launches Cyber Fraud Network to Enable Financial Institutions to Securely Share Information on Fraudulent Identities

Fintech News Desk
by Fintech News Desk0
First Ever Communications Network Brings Banks and Law Enforcement Together to Fight Back Against Fraudsters FiVerity, a leading provider of cyber fraud defense, announced the launch of the Cyber Fraud Network, the industry’s first collaborative system built to combat the convergence of cyber tactics with fraudulent theft. FiVerity’s Cyber Fraud......
Kharon And BAE Systems Partner To Offer Financial Institutions Superior Intelligence To Fight Financial Crime
Finance Fintech News

Kharon And BAE Systems Partner To Offer Financial Institutions Superior Intelligence To Fight Financial Crime

Fintech News Desk
by Fintech News Desk0
Kharon, a leading provider of research and data analytics covering global security threats that impact commerce and finance, and BAE Systems Applied Intelligence, a global leading provider of anti-money laundering (AML) and counter-fraud solutions, announced a new partnership giving BAE Systems’ customers the chance to take advantage of Kharon’s expert......
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