Blockchain intelligence platform Elementus snares $10m
Elementus, a blockchain intelligence platform aimed at helping financial institutions and crypto exchanges, has raised $10m in its Series A-1 round.
Bank of Nevis first Caribbean bank to leverage Tookitaki’s AML software
Bank of Nevis International has become the first Caribbean bank to implement Tookitaki’s anti-money laundering technology.
AML and fraud prevention RegTech Hawk AI scores $17m in Series B
Germany-based RegTech Hawk AI, which provides AML and fraud prevention technology to banks and payments companies, has secured $17m in its Series B.
AML provider Alessa names Holly Sais Phillippi as CEO
Anti-money laundering and fraud solution provider Alessa has named Holly Sais Phillippi as its new chief executive officer.
How AML shaped the world in 2022
Sentinels has released a report on how AML shaped the world in 2022, exploring the most impactful moments of the year.
Digital images and selfies no longer KYC/AML compliant
Digital images and selfies have been a staple for online verification for many years. However, Electronic IDentification has warned that they are no longer KYC/AML compliant.
Iceland’s Arion Bank implements Lucinity to fight money laundering
Icelandic bank Arion Bank will implement the software of RegTech platform Lucinity to bolster its defences against money laundering.
How AI is transforming financial crime detection
As the financial market hits a turbulent period, the risk of financial crime will only increase. But how can firms ensure they are prepared?
The importance of AML for non-financial institutions
Anti-money laundering compliance is usually associated with financial institutions; however, Sentinels has revealed how and why non-finance firms should also protect themselves.
What are the main options for digital authentication services
As more firms look to implement new digital authentication technologies, there are a few options to pick from. Electronic IDentification has released a report exploring biometrics and e-signing as standards.
