AML

European merchant acquirer PAYSTRAX has picked transaction monitoring platform Sentinels to bolster its anti-money laundering processes.

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, 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.

As investment into RegTech skyrockets in 2021, RegTech Analyst has named the 100 must know companies in the sector as we head into 2022.

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 will implement Capital Banking Solutions’ integrated compliance platform to help prevent money laundering and tax evasion in Iraq.

A recent whitepaper by client data management firm iMeta has underlined three vital pillars of the customer experience journey in financial services.

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.

A recent whitepaper by KYC and AML software providers Themis and Encompass Corporation has found financial services’ companies worldwide lost over £1m due to financial crime deficiencies last year.

ComplyAdvantage has launched a new anti-money laundering (AML) guide for digital banks to provide them with a better understanding of the topic.