The dark potential for deepfakes in finance
As Artificial Intelligence (AI) continues its transformative march across various sectors, the financial industry stands as a fertile ground for its advancements. The marriage...
Arctic Intelligence introduces free trial for AML Accelerate platform
Arctic Intelligence, a leader in RegTech solutions, has recently unveiled a 14-day obligation-free trial of its acclaimed AML Accelerate platform.
Revolutionising AML strategies: The power of human-technology synergy in compliance
The significance of modern Anti-Money Laundering (AML) compliance cannot be overstated, especially in an era where digitalisation is a cornerstone of our daily interactions. While RegTech has revolutionised the approach to combating financial crimes like money laundering and terrorist financing, it's crucial to acknowledge that technology alone isn't the panacea.
Reken secures $10m in groundbreaking seed funding to combat generative AI threats
Reken, a trailblazing AI & cybersecurity company, has successfully concluded an oversubscribed seed funding round, securing a substantial $10m.
AccessPay strengthens Fraud & Error Prevention Suite
AccessPay, a trailblazer in bank integration services, has introduced a significant enhancement to its Fraud & Error Prevention Suite.
The suite now incorporates Confirmation of...
UK tops global list for shell company risks, new Moody’s Analytics research reveals
The United Kingdom has emerged as the global hotspot for shell company risks, according to the latest interactive research unveiled by Moody’s Analytics.
Adapting to change: How the UK’s latest money laundering amendments impact PEPs
On January 10, 2024, a pivotal shift in the UK's regulatory framework will unfold as the Money Laundering and Terrorist Financing (Amendment) Regulations 2023 come into effect.
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.
The ECCT bill: A landmark in UK’s fight against economic crime
The UK has recently taken a step in combatting economic crime with the enactment of the Economic Crime and Corporate Transparency bill.
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.