Palantir wins FCA deal to mine UK financial crime data
US tech firm Palantir has secured a contract with the UK's Financial Conduct Authority (FCA) to analyse sensitive financial data as part of a...
Steward raises $5m to automate AML/KYC onboarding
Steward, an AI-first compliance platform trusted with $100bn in investor assets, has raised $5m in a funding round to automate AML/KYC processes for complex...
Hidden AML risks in South Africa’s informal gambling sector
While responsible gambling messaging floods sports broadcasts and social media feeds, South Africa's sprawling informal gambling market continues to operate largely unchecked.
According to RelyComply,...
How DORA fines could impact financial institutions
DORA has introduced a unified framework for digital operational resilience across the EU, but enforcement remains far from uniform.
According to Copla, while the regulation...
Why English-only AML monitoring misses critical risks
Financial crime rarely announces itself in English. Yet many anti-money laundering (AML) monitoring programmes are still structured as though it does. This mismatch between...
OPBAS report exposes persistent AML compliance gaps
The latest assessment from the Office for Professional Body Anti-Money Laundering Supervision (OPBAS) has highlighted improvements in the way money laundering risks are monitored...
Four benefits of consolidating AML compliance systems
Financial institutions are increasingly struggling with what many compliance teams describe as “solution sprawl” — a fragmented environment of tools designed to tackle financial...
Building a successful KYC remediation strategy for banks
KYC remediation has become an increasingly important operational priority for banks as regulators intensify scrutiny of AML and KYC controls.
According to KYC360, at its...
Understanding AML solution pricing for financial firms
AML compliance has become a core operational requirement for financial institutions navigating a landscape of increasingly complex regulations. As organisations adopt digital tools to...
FinScan and Nexus AML partner to scale AML operations
FinScan has announced a strategic partnership with Nexus AML aimed at strengthening data-driven AML capabilities for regulated institutions worldwide.
The collaboration is designed to address...
