Firms are getting transaction reporting wrong, Novatus Advisory offers the solution to resolve this
Transaction reporting is a necessary requirement for countless regulations, and yet Novatus Advisory co-founder Matthew Ranson believes many firms are getting this process wrong, and they might not even be aware of it.
Eastern Bank innovates with new biometric metal card
Eastern Bank, based in Dhaka, Bangladesh, has released the world's first biometric metal card. This innovative card, equipped with IDEX Biometrics Mastercard certified technology, IDEX Pay, is set to revolutionize the banking experience for EBL customers from early 2024.
Tackling money mule abuse of the financial sector – no place to hide
Money laundering is the lifeblood of organised criminals – put simply, without the ability to move and convert criminal proceeds into “clean” money to fund further crime and the lavish lifestyle criminals aspire to, organised crime gangs cease to function.
From Crisis to Opportunity: How Saifr launched during Covid to revolutionise marketing compliance
When the world went into lockdown in 2020 in a bid to stop the spread of Covid-19, many companies went into a state of survival. Many were forced to furlough staff and look for loans to ensure they could weather the storm. Building a new startup might have been the last thing some would think to do during this time, but Vall Herard did just that with Saifr.
Refine Intelligence launches with $13m, introducing innovative AML solution
Refine Intelligence, a FinTech company specialising in Financial Crime Greenflagging, announced its launch, marking a significant advancement in anti-money laundering (AML) practices.
Putting the spotlight on incoming ESG regulations
The spotlight falls on the deluge of new ESG regulations across the EU and worldwide in the latest episode of the Sustainable Edge podcast....
How technology plays a key role in in streamlining AML workflows
RegTech firm Flagright recently detailed the role technology plays in the streamlining and simplifying of AML workflows.
Fenergo report highlights US investment banks’ struggle in fighting financial crime amid limited resources
Fenergo‘s 2023 KYC Banking Trends Report has unveiled a concerning reality for US investment banks grappling with financial crime mitigation and regulatory compliance, as...
Refine Intelligence secures $13m in seed round to revolutionise AML
Refine Intelligence has announced a successful $13m seed funding round that is set enable them to transform the Anti-Money Laundering (AML) space.
The funding was...
Preparing for the EMIR REFIT Transition
As the deadlines approach for the new EMIR reporting changes in the EU and the UK, set for April 29, 2024, and September 30, 2024, respectively, it is paramount for stakeholders to grasp the complexities of the upcoming requirements.
