Railsr bolsters fraud prevention through Featurespace
Embedded finance platform Railsr will bolster its financial crime and fraud prevention efforts through a partnership with Featurespace.
Private AI to better protect PII with its Series A
Private AI, which leverages AI to better protect personally identifiable information (PII), has secured $8m for its Series A round.
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?
Most firms see their KYC processes as mediocre at best
The majority of organisations see the digital sophistication of their KYC approach as mediocre or poor, according to new research from Moody’s Analytics.
Why cyber risk is a core part of ESG
As COP27 takes place, it is a reminder of how interweaved ESG will be in the future of the financial marketplace. KYND, a cyber risk technology developer, has released a report exploring the unsung hero of ESG – cyber risk.
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.
Sigma Ratings launches ongoing KYB and KYC tool
Sigma Ratings, a developer of automated relationship risk management, has released its ongoing KYB and KYC monitoring solution.
