Search Results for: money laundering

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
by Fintech News Desk0
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
by Fintech News Desk0
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......
Accern Releases AI Marketplace to Give Financial Services a Competitive Edge with Over 400 Ready-Made Use Cases
Artificial Intelligence Fintech News

Accern Releases AI Marketplace to Give Financial Services a Competitive Edge with Over 400 Ready-Made Use Cases

Fintech News Desk
by Fintech News Desk0
The first of its kind marketplace enables financial services firms to implement artificial intelligence and machine learning into their workflows without having to code. Accern, a leading no-code AI platform, today announced the Accern AI Marketplace, which dramatically increases the speed enterprises can deploy and begin reaping the benefits of......
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
by Fintech News Desk0
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......
ComplyFirst Launches to Support Crypto-Exchange Compliance With Privacy-Preserving Cryptocurrencies
Cryptocurrency Fintech News

ComplyFirst Launches to Support Crypto-Exchange Compliance With Privacy-Preserving Cryptocurrencies

Fintech News Desk
by Fintech News Desk0
ComplyFirst, an online resource for anti-money laundering (AML) and other digital assets-related compliance professionals has launched, featuring detailed compliance briefs on Bitcoin, Monero, Zcash, Grin, and Dash. The group also announced its first industry event, a free online webinar titled “Designing a Compliance Program for Privacy-Preserving Cryptocurrencies,” which takes place on Dec. 16,......
Standard Chartered and Northern Trust Partner to Launch Zodia, a Cryptocurrency Custodian for Institutional Investors
Blockchain Business Cryptocurrency Fintech News

Standard Chartered and Northern Trust Partner to Launch Zodia, a Cryptocurrency Custodian for Institutional Investors

Fintech News Desk
by Fintech News Desk0
SC Ventures, the innovation and ventures unit of Standard Chartered, and Northern Trust, a leading provider of asset servicing, have entered into an agreement to launch Zodia Custody, an institutional-grade custody solution for cryptocurrencies. Read More: Former Goldman Sachs and UBS Executives Join Zytara Advisory Board Cryptocurrencies already represent 0.3% of......
European-Investment-Bank-provides-€15-million-of-funding-to-IDnow
Banking Fintech Investment Services News

European Investment Bank Provides €15 Million Of Funding to IDnow

Fintech News Desk
by Fintech News Desk0
The European Investment Bank (EIB) will provide €15 million of growth funding to the German identity verification platform IDnow. IDnow is an expert in secure, remote auto and video identification and electronic signature services. This enables companies to acquire customers and manage transactions faster and easier, while complying with know your......
ACAMS Partners with FINTRAIL to Launch New AML Compliance Certification Program for FinTech Firms
Business Fintech News

ACAMS Partners with FINTRAIL to Launch New AML Compliance Certification Program for FinTech Firms

Fintech News Desk
by Fintech News Desk0
CAFCA establishes a baseline industry standard for FinTechs facing evolving regulatory obligations In response to the rapidly growing nexus between financial technology and the anti-money laundering (AML) sector, ACAMS has launched a new certification program for FinTech companies seeking to meet regulatory standards in an evolving market environment. Developed in......
Steele Expands Industry-Leading Risk Data & Insights Platform Through info4c Acquisition
Fintech News Risk Management

Steele Expands Industry-Leading Risk Data & Insights Platform Through info4c Acquisition

Fintech News Desk
by Fintech News Desk0
Steele strengthens its position as a leading risk intelligence data platform for identifying and mitigating compliance risk. Steele Compliance Solutions, Inc., the global leader in ethics and compliance management for the world’s largest multinational enterprises and financial institutions, today announced the acquisition of info4c. info4c delivers the most trusted and......
Cryptocurrency Currency Exchange Fintech News

AU10TIX Advances Identity Verification Approach for Crypto Exchanges

Fintech News Desk
by Fintech News Desk0
Global Digital Currency Companies Demand Automated Identity Verification to Capture Growth During Crypto Surge Crypto markets are some of the most complex markets in which to ensure regulatory compliance due to potential fraud, money laundering and other identity-related risks tied to moving money, but they are also becoming one of the most......
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