Search Results for: money laundering

Mauritius Commercial Bank Taps Windward's AI Solution to Optimize Trade Finance and Compliance Processes
Artificial Intelligence Banking Fintech News

Windward Provides Danske Bank with AI Solution for Optimizing Sanctions Compliance and Maritime Trade Finance

Fintech News Desk
by Fintech News Desk0
Windward’s AI-powered Predictive Intelligence platform will be used by Danske Bank to automate global compliance processes, including enhancing detection of financial crime Windward, the Predictive Intelligence company applying AI to transform global maritime trade, and Danske Bank, one of Denmark’s largest banks and one of the biggest financial institutions in Northern Europe, have entered......
Nasdaq to Acquire Verafin, Creating a Global Leader in the Fight Against Financial Crime
Fintech News

Nasdaq to Acquire Verafin, Creating a Global Leader in the Fight Against Financial Crime

Fintech News Desk
by Fintech News Desk0
 Nasdaq, Inc. (Nasdaq: NDAQ), a global technology company, and Verafin, an industry pioneer in anti-financial crime management solutions, today announced that they have entered into a definitive agreement for Nasdaq to acquire Verafin for US$2.75 billion in cash, subject to customary adjustments. The agreement will combine Verafin’s comprehensive suite of anti-financial crime......
PAAY and Bluefin Join Forces to Dramatically Advance Remote Commerce Security
Business Fintech News Risk Management

Global AML/KYC Spending Projected To Total $1.2 Billion In 2020, Rising 12.5% As Regulators Renew Focus On Enforcement Actions – New Burton-Taylor Report

Fintech News Desk
by Fintech News Desk0
Global spend on Anti-Money Laundering (AML)/ Know-Your-Customer (KYC) and related financial crime and compliance activities is projected to total a record $1.2 billion in 2020 according to two new research reports published today by Burton-Taylor International Consulting (part of TP ICAP’s Data & Analytics division). Read More:  iProov Partners With TRUSTDOCK......
Ping An Bank Wins Gartner Innovation Award for Financial Services
Banking Fintech InsurTech News Risk Management

Ping An Bank Wins Gartner Innovation Award for Financial Services

Fintech News Desk
by Fintech News Desk0
Ping An Insurance (Group) Company of China, Ltd. announced that Ping An Bank received the “Eye On Innovation Award for Financial Services 2020” from research and advisory company Gartner. Ping An Bank is the first in Mainland China’s banking industry to receive the annual award, recognizing the Bank’s capabilities in risk management and the impact of China’s fintech......
Artificial Intelligence Business Fintech News

NICE Actimize Chosen To Drive Modernization Of Financial Crime Operations For Desjardins Group

Fintech News Desk
by Fintech News Desk0
NICE Actimize, a NICE (NASDAQ: NICE) business, today announced that it was chosen by Desjardins Group, Canada’s leading financial cooperative with more than 7 million members and $300 billion in total assets, to provide modernization and expansion for the institutions’ financial crime compliance program and operations. Reaffirming its long-term commitment to......
Eventus Systems to provide trade surveillance, AML transaction monitoring for BitMEX
Cryptocurrency Fintech News Risk Management

Eventus Systems to provide trade surveillance, AML transaction monitoring for BitMEX

Fintech News Desk
by Fintech News Desk0
Cryptocurrency products platform to deploy Validus solution Eventus Systems, Inc., an award-winning global provider of multi-asset class trade surveillance and market risk solutions, announced that 100x Group, the holding structure for BitMEX, has selected Eventus to support BitMEX’s trade surveillance and Anti-Money Laundering (AML) transaction monitoring. BitMEX, a cryptocurrency products......
Business Fintech News

NICE Actimize X-Sight Wins FTF News “Best Financial Crime Prevention Technology” Award For Third Consecutive Year

Fintech News Desk
by Fintech News Desk0
For the third consecutive year, NICE Actimize, a NICE (Nasdaq: NICE) business and the industry leader in Autonomous Financial Crime Management, was named “Best Financial Crime Prevention Technology” category winner in Financial Technologies Forum / FTF News 2020 Technology Innovation Awards. The final award winners for this year’s competition were determined......
LemonadeLXP Offers Access to Course Material in Content Exchange Hub
Business Fintech News

LemonadeLXP Partners With The Edcomm Group To Offer Compliance Training Courses

Fintech News Desk
by Fintech News Desk0
LemonadeLXP, the learning experience and digital adoption platform for financial institutions, has partnered with The Edcomm Group, a global provider of training solutions to the financial community, to provide compliance and regulatory training through the LemonadeLXP platform. With more than 200 courses and a history of partnering with 2,500 clients......
Sopra Banking Software Unveils Fintech Marketplace
Cryptocurrency Currency Exchange Fintech News

OKCoin Announces 5X Referral Reward for Netherlands Customers as Part of Continued European Expansion

Fintech News Desk
by Fintech News Desk0
OKCoin, the global, regulated fiat-focused crypto asset exchange, is today celebrating continued expansion in Europe in anticipation of regulatory approval from the Dutch Central Bank this year with a limited promotion for Netherlands customers. OKCoin users can participate in euro spot trading for 20 digital assets including bitcoin (BTC), ethereum (ETH), and bitcoin cash......
QuantaVerse Launches New Financial Crime Investigation Report to Streamline Level 1 AML Investigations
Artificial Intelligence Fintech News

QuantaVerse Adds Automated High-Risk Entity Reviews to its Financial Crime Investigation Report (FCIR) Lineup

Fintech News Desk
by Fintech News Desk0
Financial Institutions Are Using AI-Created QuantaVerse Reports to Streamline High-Risk Entity Reviews Citing a surge in client demand, QuantaVerse, which uses AI and machine learning to automate financial crime identification and investigations, has enhanced its entity-based Financial Crime Investigation Report, or FCIR, to assist financial institutions in efficiently conducting periodic entity risk......
1