Tag : financial crime

Socure Launches the Industry's Most Accurate Synthetic Fraud Solution
Artificial Intelligence Fintech News

Socure Launches the Industry’s Most Accurate Synthetic Fraud Solution

PR Newswire
by PR Newswire084
Sigma Synthetic Fraud v4 Includes “Proof of Life” Data Sources, Adding a New Level of Accuracy that Stops the Fraud Before it Can Enter the Digital Economy Socure, the leading provider of Artificial Intelligence for digital identity verification, fraud prevention, and sanctions screening has launched Sigma Synthetic Fraud v4. The product uses advanced machine learning and diverse, third-party and network......
Artificial Intelligence to Dominate Financial Innovation
Artificial Intelligence Guest Posts

Artificial Intelligence to Dominate Financial Innovation

Abid Ali
by Abid Ali0120
AI is already taking the mainstream markets by storm. It is, however, poised to revolutionise digital finance in profound ways. It will be the driving force behind a host of transformative changes, from enhancing customer experiences to improving operational efficiency and risk management. AI-powered chatbots and virtual financial assistants will......
Refine Intelligence Launches with $13 Million Seed Funding to Transform Anti-Money Laundering by "Catching the Good Guys"
Fintech Funding News

Refine Intelligence Launches with $13 Million Seed Funding to Transform Anti-Money Laundering by “Catching the Good Guys”

PR Newswire
by PR Newswire070
Refine helps financial institutions recognize customers’ life stories and identify legitimate activities, so they can quickly clear away false alarms Refine Intelligence, the pioneer in Financial Crime Greenflagging, launched with a $13 million seed funding round led by Glilot Capital Partners and Fin Capital with participation from SYN Ventures, Valley Ventures......
Compliance management Fintech Primers Recommended

What Is Anti-Money Laundering?

Pooja Choudhary
by Pooja Choudhary084
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......
NICE Actimize Announces Financial Crime Risk Management Roadshow Discussing FRAML in the Era of Generative AI
Digital Payments News

NICE Actimize Announces Financial Crime Risk Management Roadshow Discussing FRAML in the Era of Generative AI

Business Wire
by Business Wire0135
Roundtable discussions will address technology trends influencing financial institutions’ long-term planning, including the impact of instant payments on Fraud and AML NICE Actimize, a NICE business, announced the launch of its informative Financial Crime & Compliance Risk Management Roadshow that will travel across five key U.S. cities throughout the fall season.......
Capgemini To Acquire Fcc Division Of Exiger, To Expand Its Financial Crime Compliance Advisory
News Risk Management

Capgemini To Acquire Fcc Division Of Exiger, To Expand Its Financial Crime Compliance Advisory

GlobeNewswire
by GlobeNewswire0160
Acquisition will help Capgemini to further support banks, capital markets and fintech firms to align critical compliance and ‘Know Your Customer’ operations to regulatory standards Capgemini announces that it has signed an agreement for the acquisition of the Financial Crime Compliance (FCC) division of Exiger, a global market leading financial crime practice. This acquisition will strengthen the Group’s offerings in financial crime, risk management and regulatory compliance services. The transaction is due to close in the coming months. Latest Fintech Interview : Global Fintech Interview with Ivan Matviak, Executive......
ThetaRay Raises $57 Million to Continue Unlocking Business Opportunities for Banks and FinTechs
Artificial Intelligence Digital Payments News

ThetaRay Raises $57 Million to Continue Unlocking Business Opportunities for Banks and FinTechs

Fintech News Desk
by Fintech News Desk0120
Latest Round was Led by Portage, a Global FinTech and Financial Services Investment Platform, and Supported by Largest Existing Shareholder JVP and Other Shareholders ThetaRay, the leader in next-generation AI-powered secure global payments with offices in New York, Madrid, London, Dubai and Tel Aviv, announced a significant growth round led......
Morabaha Marina Collaborates with Tookitaki for Cutting-Edge AML Capabilities
Compliance management News Risk Management

Morabaha Marina Collaborates with Tookitaki for Cutting-Edge AML Capabilities

PR Newswire
by PR Newswire0127
Tookitaki, a global leader in financial crime compliance solutions, is pleased to announce its strategic partnership with Morabaha Marina Financing Co., a prominent Sharia-compliant financing company based in Saudi Arabia. This collaboration aims to enhance the latter’s Anti-Money Laundering (AML) compliance management capabilities while driving operational efficiency and fostering customer trust.......
AI Is the Most Effective Method for Tackling Money Laundering Threats, According to AML Professionals
Artificial Intelligence News Risk Management

AI Is the Most Effective Method for Tackling Money Laundering Threats, According to AML Professionals

Business Wire
by Business Wire0140
New Feedzai research of anti-money laundering (AML) professionals unveiled the most significant threats and solutions to AML processes 46% state that increasingly sophisticated money laundering techniques, including generative AI technology, is one of the biggest threats their business faces 53% note that the majority of money laundering activity they encounter......
Tookitaki Launches CaaS Solution, a Self-Service AML Solution on the Cloud
Compliance management News

Tookitaki Launches CaaS Solution, a Self-Service AML Solution on the Cloud

PR Newswire
by PR Newswire0140
Tookitaki, a trusted leader in the anti-money laundering space, announced the launch of its Compliance-as-a–Service (CaaS) solution for small and mid-size financial institutions globally. This innovative SaaS offering, optimised for cost and efficiency, gives financial institutions (FIs) access to Tookitaki’s flagship compliance solution – the Anti Money Laundering Suite (AMLS) on a secure, self-service......
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