Search Results for: money laundering

B2B Blockchain Digital Asset Management Finance News

Hashkey Group And Slowmist Collaborate To Develop Innovative And Safe Digital Asset Services

Fintech Staff Writer
by Fintech Staff Writer0
In order to work together on cutting-edge security technology research, digital asset ecosystem security, anti-money laundering for digital assets, and other technology disciplines, HashKey Group and SlowMist are happy to announce their strategic cooperation. The partnership’s objective is to investigate and create thorough security standards and solutions that will protect......
WeWork Announces Comprehensive Agreement To Significantly Deleverage Capital Structure and Bolster Liquidity
Digital Payments News

BHMI Announces ER Component for Industry Leading Back Office Payments Solution – Concourse Financial Software Suite

Business Wire
by Business Wire0
BHMI, a leading provider of back-office payment solutions, has introduced a powerful Entity Relationship (ER) Component to its Concourse Financial Software Suite. The ER Component is a highly configurable database that enables financial services companies to define and enforce unique relationship models across a wide range of data elements. The Concourse......
Varo Bank Selects RiskExec's SaaS Fair Lending Platform Furthering Varo's Commitment to Economic Mobility
Lending News

Varo Bank Selects RiskExec’s SaaS Fair Lending Platform Furthering Varo’s Commitment to Economic Mobility

PR Newswire
by PR Newswire0
RiskExec, Inc., a subsidiary of Asurity Technologies, LLC, announced its compliance software has been selected by Varo Bank to conduct Fair Lending analytics for its innovative financial products serving Americans living paycheck to paycheck, Varo Advance and Varo Believe. Varo Bank is the first all-digital, nationally-chartered U.S. consumer techbank built from the......
Republic Bank Completes Acquisition of CBank
Banking News

Republic Bank Completes Acquisition of CBank

Business Wire
by Business Wire0
Republic Bancorp, Inc., the parent company of Republic Bank & Trust Company, is pleased to announce the Bank has completed its previously announced merger with CBank and CBank’s wholly owned subsidiary, Commercial Industrial Finance, Inc. (“CIF”), for approximately $51 million in cash. “In addition, the acquisition of CIF greatly expands......
Top AI Startups Impacting 10 Industries
Analytics Artificial Intelligence Featured Fintech Primers

Top AI Startups Impacting 10 Industries

Pooja Choudhary
by Pooja Choudhary0
Through the application of pattern recognition, artificial intelligence (AI) enhances industrial operations and automates back-office duties. Businesses can do this to save time and use resources more effectively. For this reason, businesses incorporate artificial intelligence (AI) and AI-based data processing techniques like machine learning and natural language processing (NLP) into......
Why Only AI and Data Analytics Can Stop Financial Criminals
Artificial Intelligence Guest Posts

Why Only AI and Data Analytics Can Stop Financial Criminals

Saeed Patel
by Saeed Patel0
The first piece of anti-money laundering legislation took effect in 1970 when the US introduced the Bank Secrecy Act (BSA). Since then, financial institutions have been under pressure to stop those who aim to benefit financially from wrongdoing.    Recommended: Importance Of Customer Experience Management In Fintech Industry In their bid to......
Violet Launches Mauve, the World’s First Decentralized Exchange that Provides the Compliance of Traditional Finance
DeFi News

Violet Launches Mauve, the World’s First Decentralized Exchange that Provides the Compliance of Traditional Finance

Business Wire
by Business Wire0
Company raises $15M to bring privacy-protective compliance to Decentralized Finance (DeFi) Violet, the world’s leading provider of privacy-protective compliance and identity infrastructure for Decentralized Finance (DeFi), announced the launch of Mauve, the world’s first compliant Decentralized Exchange (DEX) purpose-built to offer the best of both DeFi and Traditional Finance (TradFi)......
IDnow Sales in Automated Solutions Increase by 52% In 2022
News Security

IDnow Sales in Automated Solutions Increase by 52% In 2022

PR Newswire
by PR Newswire0
Strongest growth reported in financial services, telecommunications, and mobility and travel IDnow, a leading identity proofing platform provider in Europe, has increased the revenue generated from its AI-powered, automated portfolio by 52% in 2022, compared to 2021. Built with in-house technology, the automated solutions, which include biometric selfies and video liveness......
Coinbase and ACAMS Join Forces to Offer CCAS Training on Fighting Financial Crime in the Crypto Space
Cryptocurrency News

Coinbase and ACAMS Join Forces to Offer CCAS Training on Fighting Financial Crime in the Crypto Space

GlobeNewswire
by GlobeNewswire0
The initiative will provide cutting-edge compliance training to Coinbase staff on anti-money laundering (AML) best practices and emerging risks for financial institutions in the cryptoasset sector As part of their efforts to safeguard the virtual-asset sector from criminal abuse, Coinbase Global, Inc. and ACAMS are teaming up to educate anti-financial......
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