Tag : AML

Compliance management Fintech Primers Recommended

What Is Anti-Money Laundering?

Pooja Choudhary
by Pooja Choudhary087
Fintech has experimented with its magic wand in various fields, so how can we corner the money laundering aspect? Criminals’ efforts to launder cash are continuing to shift towards digital currency as its circulation grows. Also, traditional anti-money laundering is being gradually replaced by electronic anti-money laundering (transaction laundering). Let’s......
Banking Compliance management Consumer protection laws Digital Featured Fintech Primers

A Complete Overview Of Decentralized KYC Solutions

Pooja Choudhary
by Pooja Choudhary0295
Social media and trade journals may seem to be awash in trends, but it takes time to sift through everything to find the ones that matter. This blog shall enlighten the KYC market, its data, and new tech of eKYC and digital solutions thereby in the decentralized market scenario. KYC......
Beosin and Art de Finance Form Partnership to Enhance Blockchain Security for Digital Art Stability
Blockchain News

Beosin and Art de Finance Form Partnership to Enhance Blockchain Security for Digital Art Stability

GlobeNewswire
by GlobeNewswire0246
Art de Finance and Beosin Agree to a Partnership, Accelerating the Adoption of Blockchain to Secure the Stability of Digital Art Art de Finance, which is building a blockchain-based Digital Renaissance art infrastructure, and Beosin, a blockchain security company, have entered into a strategic partnership. Through this agreement, they will......
Compliance management Featured Fintech Fintech Primers Fintech Radar

How To Leverage Fintech To Combat Money Laundering

Pooja Choudhary
by Pooja Choudhary0403
Fintech has experimented with its magic wand in various fields, so how can we corner the money laundering aspect? In this blog we shall be covering how fintech is leveraged to combat money laundering or in other words we can say how fintech is used to fight for AML in......
B2B Commerce Fintech News Technology

Liminal Wallet Infrastructure & Custody Solutions Releases Significant Platform Improvements To Help Web3 Companies Satisfy PMLA Requirements

Fintech Staff Writer
by Fintech Staff Writer0216
Liminal, a leading wallet infrastructure & custody solutions platform, launched its latest platform update to help web3 businesses in India comply with the Prevention of Money Laundering Act, 2002 (PMLA). Indian PMLA guidelines took effect on March 10, 2023. These guidelines require businesses to follow the Travel Rule, Transaction Monitoring,......
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 Patel0358
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......
For Middle Market Companies, Economic Uncertainty and a Technology Gap Heighten Appeal of Big Banks
Banking News

For Middle Market Companies, Economic Uncertainty and a Technology Gap Heighten Appeal of Big Banks

Business Wire
by Business Wire0237
Concerns about an economic downturn have made middle market companies more conservative when managing their banking relationships. Latest Fintech Insights :  MoneyLion Partners with Column Tax to Offer Customers Free Tax Services “Intuitive digital solutions are the key to improving the client experience” Over the past six months, perceptions of......
B2B Digital Asset Management News Risk Management

Gate.io Deploys Coinfirm’s AML/CFT Platform To Further Enhance Its AML/CTF Standards

Fintech News Desk
by Fintech News Desk0217
Gate.io, the world’s leading digital asset trading platform, has chosen Coinfirm, the global leader in analytics and anti-money laundering (AML) solutions for the blockchain industry, as one of its key AML/CFT partners. The partnership will give Gate.io access to Coinfirm’s industry-leading Coinfirm Analytics Platform, which offers real-time AML/CFT risk management solutions for......
Banking Commerce Digital Payments News

Payment Firms Warned About Governance Deficiencies By Central Bank of Ireland

Fintech Staff Writer
by Fintech Staff Writer0250
The letter concludes by telling companies: “The Central Bank expects all firms in the sector to discuss this letter with their Board, and to reflect on the supervisory findings called out.” Ireland’s central bank has fired a shot across the bows of payment and e-money firms after finding “significant deficiencies”......
Banking Fintech News Technology

KYC Compliance For Specialized Bank By Startups

Fintech Staff Writer
by Fintech Staff Writer0299
After receiving the first ever issued EU specialized banking license, the Lithuanian boutique bank is in its hypergrowth stage. As guaranteed by mano.bank, prior to taking care of business with iDenfy, the objective was to proceed to give the accommodation of use without settling for less on the experience for......
1