Neofy forms partnership with RegTech100 company IDmission
Neofy, a digital financial cloud provider, will improve its KYC, AML and identity capabilities through a partnership with IDmission, a biometric security and authentication software solution.
NatWest hit with first criminal charge pursued by FCA
National Westminster Bank (NatWest) has been fined £264m for three accounts of money laundering failures.
Merchant acquirer PAYSTRAX buffs up AML with Sentinels
European merchant acquirer PAYSTRAX has picked transaction monitoring platform Sentinels to bolster its anti-money laundering processes.
How Muinmos became a key global player in financial services client onboarding
Muinmos was founded back in 2012 after Remonda Kirketerp-Møllersaw a big gap in the market for making client onboarding simpler and more efficient in financial services. With a rapidly growing global client base of banks, investment firms and asset managers, the company is emerging as a major player in key global markets.
Napier to boost AML at wealth and insurance firm ClearView
Napier, which was recently named in the new RegTech100 list, will help ClearView improve its anti-money laundering (AML) capabilities as part of a new deal.
Fifth annual RegTech100 lists the companies compliance teams must know in 2022
As investment into RegTech skyrockets in 2021, RegTech Analyst has named the 100 must know companies in the sector as we head into 2022.
Interpol arrests over 1,000 people, seizes $27m in large-scale fraud operation
A four-month long operation conducted by Interpol between June and September this year has led to the arrest of 1,003 individuals and capturing of $27m in illegal cash.
UR Islamic Bank’s new partnership to combat money laundering in Iraq
UR Islamic Bank will implement Capital Banking Solutions’ integrated compliance platform to help prevent money laundering and tax evasion in Iraq.
What are the three key pillars of customer experience?
A recent whitepaper by client data management firm iMeta has underlined three vital pillars of the customer experience journey in financial services.
HKMA reprimands four Asian banks due to AML abuses
The Hong Kong Monetary Authority (HKMA) has disciplined four banks due to anti-money laundering (AML) violations for a total imposed penalty of HKD$44.2m.