Rebellion Pay taps Sentinels to boost AML compliance
Spanish neobank Rebellion Pay has chosen Sentinels, a transaction monitoring and client risk management platform, to bolster its AML compliance monitoring and risk profiling functions.
Hawk AI, IXOPAY link to bolster payment and AML surveillance coaction
German RegTech Hawk AI has partnered with IXOPAY, a payment orchestration platform, to provide the former’s clients with a better fraud prevention offering.
China defers new AML rules amid pushback and privacy concerns
The People’s Bank of China (PBOC) has said it is postponing the introduction of new rules that firm up cash withdrawal and deposit scrutiny due to ‘technical reasons’.
PayTech amnis partners with HAWK:AI to bolster AML capabilities
German RegTech HAWK:AI has teamed with amnis, a payment platform for SMEs, to strengthen the latter’s AML capabilities ahead of its imminent geographical expansion.
The dark link between money laundering and modern slavery
Money laundering and modern slavery may not seem to have many clear connections at first glance. However, there is more than meets the eye on this topic.
Swedish RegTech Acuminor nabs fresh investment
Sweden-based Acuminor has picked up SEK 19m ($2m) in an investment round to help it push into new markets.
Trulioo acquires HelloFlow to upgrade onboarding stack
Identity verification platform Trulioo has acquired HelloFlow, a developer of no-code, drag-and-drop client onboarding, monitoring and digital workflow software.
Suffolk Building Society picks TruNarrative for anti-fraud
RegTech platform TruNarrative has been picked by Suffolk Building Society to improve the firm’s financial crime and fraud prevention processes, as well as digitise customer onboarding.
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Identity verification developer Parallel Markets collects $7m
Identity verification software developer Parallel Markets has collected $7m for its Series A round.
UK Treasury Committee calls for government action on fraud and scam surge
A new report by the UK’s Treasury Select Committee has called on the government to work harder to tackle the ‘growing fraud epidemic’ in the UK.