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.
Why crypto KYC is of rising importance
As governments try to make cryptocurrencies secure and safe, there are waves of new regulations being implemented for digital assets.
Hawk AI joins the Visa Fintech Partner Connect program
Hawk AI, a software developer for issuers, banks, FinTechs and payment firms, has joined the Visa Fintech Partner Connect program.
NetGuardians releases new anti-money laundering solution
NetGuardians, an enterprise risk platform helping to combat fraud, has launched its new anti-money laundering (AML) transaction monitoring solution.
Crypto trading platform X1 selects Resistant AI to aid AML checks
Cryptocurrency trading platform X1 has chosen financial crime prevention specialist Resistant AI to improve its AML checks across its platform.
Arctic Intelligence releases AML Industry Benchmarking Report 2022
The biggest challenge that compliance teams face with their money laundering and terrorist financing (ML/TF) risk assessments are gathering the data and evidencing effectiveness.