Tag : AML

TrueNorth Joins Forces With Mambu
Artificial Intelligence Business Digital Fintech Investment Services ML News Risk Management

Persistent and FinMkt Partner to Bring Point of Sale Digital Lending Solutions to Banks and Credit Unions

FTS News Desk
FinMkt, a best-in-class loan origination and point of sale (POS) financing SaaS provider, has announced its partnership with Persistent, a leading global solutions company that delivers digital business acceleration, enterprise modernization and next-generation product engineering. Read More:  XP Inc. Acquires Riza M&A The partnership will enable small and mid-sized financial......
DigiPli Launches Holistic Anti-Money Laundering Solution and Welcomes Two Advisory Board Members
Cryptocurrency Digital Fintech News

DigiPli Launches Holistic Anti-Money Laundering Solution and Welcomes Two Advisory Board Members

FTS News Desk
End-to-End AML and KYC Solution Revolutionizes How Fintechs Onboard Customers Founded by seasoned compliance veterans, DigiPli is transforming Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols for FinTechs and other financial services firms. Today, DigiPli is pleased to announce the official launch of its holistic Onboarding-as-a-Service solution, which addresses......
Consilient Bank Trials Demonstrate Federated Machine Learning Improves Effectiveness and Efficiency for Financial Crime Detection
Banking Economy Fintech ML News

Consilient Bank Trials Demonstrate Federated Machine Learning Improves Effectiveness and Efficiency for Financial Crime Detection

FTS News Desk
Consilient applies its federated learning model and machine-learning technology for anti-money laundering and countering the financing of terrorism efforts for financial institutions In recent bank trials, fintech innovator Consilient demonstrated successful federated machine learning for the detection of financial crime. Traditionally, financial institutions silo their efforts to combat financial crime......
Crystal Blockchain: Peer-to-Peer Exchanges Need Regulation to Lower Money Laundering Risk
Blockchain Business Cryptocurrency Currency Exchange Fintech News Risk Management

Crystal Blockchain: Peer-to-Peer Exchanges Need Regulation to Lower Money Laundering Risk

FTS News Desk
At the V20 Summit in November 2020, the Financial Action Task Force (FATF) announced that regulatory requirements for peer-to-peer (P2P) exchanges – along the lines of those for Virtual Asset Service Providers (VASPs) – will likely emerge in 2021 to combat money laundering (ML). The FATF is now collecting data......
SmartSearch U.S. Introduces Enhanced Digital Fraud Checks with Data Referencing and Triangulation
Business Fintech News

SmartSearch Unveils Ultimate Beneficial Owner Service

FTS News Desk
Leading anti-money laundering (AML) firm SmartSearch, has launched a new service to help businesses identify the ultimate beneficial owner (UBO) of large corporates. Read More: NYMBUS Introduces Industry Advisory Board The increased capability comes as SmartSearch is now integrated with Experian’s Ultimate Beneficial Owner database, and is in response to......
Quantifind Secures $22 Million Financing Round
Fintech FinTech Funding News

Quantifind Secures $22 Million Financing Round

FTS News Desk
Funding Will Accelerate Pursuit of a Growing Market for Automated Financial Crime and Risk Investigation Quantifind, a provider of solutions that use data science to help automate financial crimes investigations, is proud to announce a strategic growth funding round of $22 million. Quantifind will use the funds to execute its go-to-market......
Kyckr-form-partnership-with-Australia's-FrankieOne
Banking Fintech News Risk Management

Kyckr Form Partnership With Australia’s FrankieOne

FTS News Desk
Kyckr Limited (ASX:KYK) (Kyckr), a regulatory technology (RegTech) company, is pleased to announce a partnership with FrankieOne, a leading onboarding and fraud-prevention platform for banks, fintechs and financial institutions in the Australian market. Read More: Reef Finance Becomes the Marquee Project in Pioneering Decentralized Finance with Binance, the World’s Largest Cryptocurrency......
Global-Data-Consortium-Partners-with-Boku-to-Bring-Mobile-Network-Data-to-Compliant-Customer-Onboarding
Fintech Investment Services Mobile Banking News

Global Data Consortium Partners with Boku to Bring Mobile Network Data to Compliant Customer Onboarding

FTS News Desk
Boku Inc., (AIM: BOKU), the world’s leading provider of mobile payment and identity solutions, and Global Data Consortium (GDC), the industry leader in electronic identity verification, announced a new partnership today to streamline AML and KYC compliant customer onboarding for billions of consumers. Read More:  Tuvalu Embarks On World’s First......
NICE Actimize Applies AI to Watchlist Screening
Business Fintech News Risk Management

NICE Actimize Drives AML Cloud Transformation for Vancity, One of Canada’s Largest Community Credit Unions

FTS News Desk
NICE Actimize, a NICE (NASDAQ: NICE) business, has been selected by Vancouver City Savings Credit Union (Vancity), a member-owned financial co-operative headquartered in British Columbia, Canada, to drive and implement its modernized, cloud-based anti-money laundering operation. The financial cooperative’s objective is to significantly improve its investigators’ efficiency, allowing them to......
HSBC and Silent Eight Announce Multi-Year Partnership to Fight Financial Crime
Banking Business Fintech News

HSBC and Silent Eight Announce Multi-Year Partnership to Fight Financial Crime

FTS News Desk
New Alert Resolution capability set for implementation within HSBC’s global compliance organization Silent Eight announced a multi-year partnership with HSBC that will support the bank in enhancing its industry-leading compliance operations. A recognized leader in technology innovation, HSBC sought a financial crime partner that could successfully improve its manual processes......