Why an AML fine is only the start of the real cost
Regulatory fines dominate the headlines, but for South African institutions caught out by AML failures, the printed penalty is only the opening chapter.
According to...
Philippine fraud risk drives new SEON-Exist alliance
SEON has partnered with Exist Software Labs to extend its fraud prevention, identity verification and anti-money laundering technology to organisations across Southeast Asia.
The tie-up...
FinScan and Quantifind target gaps left by watchlist screening
FinScan, an Innovative Systems solution and provider of AML and sanctions compliance technology, has partnered with Quantifind to integrate AI-powered adverse media intelligence into...
Instarc lands €1.25m to expand RegTech platform in South Africa
Tallinn-based RegTech provider Instarc has secured €1.25m in strategic investment to accelerate the commercial rollout of its cloud-native compliance platform in South Africa, targeting...
Kyndryl and Incore Bank put agentic AI to the KYC test
Kyndryl has worked alongside Incore Bank and Google Cloud to trial an agentic AI approach designed to speed up customer onboarding and automate risk...
South Africa insurers lose R131.6m to AML blind spots
Insurance houses across South Africa are pouring money into anti-financial crime tools, yet heavy spending alone is not solving the problem. Effectiveness, particularly at...
AMLA’s single rulebook won’t mean simple compliance
The European Union's Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) is set to become the bloc's central AML/CFT supervisor and...
How agentic AI is transforming tax compliance operations
Agentic AI is moving into the operational layer of financial compliance, with tax documentation, withholding and reporting emerging as areas where specialised AI agents...
Illicit gold puts banks on the AML front line
Banks could face greater scrutiny over their exposure to illicit gold as international efforts to tackle financial crime increasingly focus on cross-border intelligence and...
Why AI in KYC targets busywork, not judgement
KYC and AML compliance work absorbs enormous analyst time, yet most of that time isn't spent on genuine judgment calls. It's spent wrangling documents,...
