Search Results for: money laundering

Algorand Foundation Partners with Chainalysis for Anti-Money Laundering Compliance Solution
Blockchain Business Fintech News

Algorand Foundation Partners with Chainalysis for Anti-Money Laundering Compliance Solution

Fintech News Desk
by Fintech News Desk0
Chainalysis, the blockchain analysis company, announced a partnership with the Algorand Foundation, the stewards of Algorand, the world’s first, permissionless, Proof of Stake blockchain, that offers an open, global platform for building products and services in a Borderless Economy. Once the integration is complete, the Algorand Foundation will use Chainalysis......
ThetaRay Provides Banco Santander With an Anti-Money Laundering (AML) Solution for Correspondent Banking
Artificial Intelligence Banking Big Data Fintech News

ThetaRay Provides Banco Santander With an Anti-Money Laundering (AML) Solution for Correspondent Banking

Fintech News Desk
by Fintech News Desk0
ThetaRay, a leading provider of AI-based Big Data analytics, has signed an agreement under which Banco Santander will employ ThetaRay’s anti-money laundering (AML) solution for correspondent banking. The system will analyze SWIFT traffic, risk indicators and Know Your Customer (KYC) data to detect anomalies indicating money laundering schemes in correspondent......
3i Infotech’s AI-Powered AMLOCK Analytics Helps Organizations Address Money Laundering
Banking Fintech News

3i Infotech’s AI-Powered AMLOCK Analytics Helps Organizations Address Money Laundering

Fintech News Desk
by Fintech News Desk0
 3i Infotech Limited, a global Information Technology company, launched AMLOCK Analytics, its advanced anti-money laundering (AML) solution powered by Artificial Intelligence (AI) and Machine Language (ML), which enables banks and financial institutions to identify complex and hidden AML patterns. It helps organizations to meet their most critical challenge of managing high false......
DolEx Streamlines Processes with Cloud-Based Deployment of Fiserv Anti-Money Laundering Technology
Banking Fintech News

DolEx Streamlines Processes with Cloud-Based Deployment of Fiserv Anti-Money Laundering Technology

Fintech News Desk
by Fintech News Desk0
Deployment Will Enhance Efficiency and Enable Seamless Customer Interactions Fiserv, Inc., a leading global provider of financial services technology solutions, announced that DolEx Dollar Express, Inc. and its affiliate, Europhil, will enhance their anti-money laundering (AML) processes with technology from Fiserv. DolEx, a provider of retail financial services in the......
Artificial Intelligence Featured Fintech Machine Learning

AI and Machine Learning: Transforming Global Payments and Global Money Exchange

Prajakta Ayade
by Prajakta Ayade0
The financial technology (fintech) industry is undergoing a profound transformation, driven by advancements in artificial intelligence (AI) and machine learning (ML). These technologies are revolutionizing payment systems and global money exchange, bringing unprecedented efficiency, security, and innovation to the financial sector. Enhancing Payment Systems AI and machine learning are enhancing......
3S Money Partners with Napier to Scale for Financial Fairness
Finance Fintech News

3S Money Partners with Napier to Scale for Financial Fairness

Business Wire
by Business Wire0
Napier, the London-based financial crime compliance RegTech, is pleased to announce it has been selected as the anti-money laundering (AML) platform of choice for the groundbreaking payments platform at the forefront of the fintech revolution, 3S Money. Napier will provide its Transaction Screening, Transaction Monitoring, and Client Screening modules, within the Napier Continuum platform, to......
Zirtue Announces Partnership with MoneyGram
Lending News

Zirtue Announces Partnership with MoneyGram

PR Newswire
by PR Newswire0
Zirtue and MoneyGram partner to drive financial inclusion by enabling unbanked borrowers access to financial lifelines from loved ones through Zirtue’s innovative relationship-based lending app Zirtue, the world’s leading relationship-based lending app with a mission to drive financial inclusion, announces its partnership with MoneyGram International, Inc., a leading global financial......
NICE Actimize Launches Real-Time Money Mule Defense Solution to Detect Illicit Activity Throughout the Entire Customer Lifecycle
Digital Payments News

NICE Actimize Launches Real-Time Money Mule Defense Solution to Detect Illicit Activity Throughout the Entire Customer Lifecycle

Business Wire
by Business Wire0
Using advanced AI, the solution employs a multi-model execution strategy that utilizes a diverse set of models, techniques, and algorithms to identify and prevent fraud Traditional payments monitoring systems often do not detect money mules’ movements as they secure illicit funds from financial institutions. To address this problem, NICE Actimize, a NICE business,......
Artificial Intelligence B2B News

Dubai-based NOW Money Selects ThetaRay AI Tech To Prevent Financial Crime on the Inclusive Banking App

Fintech News Desk
by Fintech News Desk0
NOW Money, the GCC’s first mobile banking solution focused on financial inclusion, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced a collaboration to implement ThetaRay’s cloud-based AML solution to monitor cross-border payments and support in the prevention of financial crimes and money laundering on the fintech’s payments......
DBS named 'World's Best SME Bank' by Euromoney for second time
Banking News

DBS named ‘World’s Best SME Bank’ by Euromoney for Second Time

Fintech News Desk
by Fintech News Desk0
Also clinches three first-time awards at Euromoney’s Awards for Excellence 2022 – World’s Best ‘Financial Innovation of the year’, ‘Asia’s Best Bank for Wealth Management’ and ‘Best Bank in Hong Kong‘, dethroning longstanding 21-year winner DBS has been recognised as the ‘World’s Best SME Bank’ yet again, entrenching the bank’s position as......
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