Tag: AML

FinScan, a leading provider of AML compliance technology, has partnered with LSEG to integrate with its World-Check On Demand service. The collaboration aims to strengthen...

Ponte Finance has entered a partnership with iDenfy, a Lithuanian RegTech provider specialising in identity verification and AML tools. The collaboration is aimed at...

The U.S. Treasury Department has signalled sweeping changes to the country’s anti-money laundering and counter-terrorist financing (AML/CFT) regime, with a vision designed to prioritise...

Imagine a financial institution preparing to deploy a new AI tool designed to streamline anti-money laundering (AML) alerts. The promises are compelling: faster triage,...

Financial institutions are being urged to take a fresh look at how they handle tax form remediation, with the upcoming CRS 2.0 rules set...

False negatives represent one of the most serious, yet least visible, risks in AI-powered compliance systems. While false positives often dominate the conversation, a...

In 2024, global e-commerce fraud reached $48bn, accounting for around 42% of worldwide credit card fraud losses. This surge has placed merchant verification firmly...

Mastercard, the global payments leader, and Smile ID, an African identity verification provider, have strengthened their partnership to accelerate the adoption of secure digital...

Compliance teams are grappling with mounting pressures as regulatory oversight grows more intense and alert volumes continue to rise. Traditional AI copilots have offered...

AI is transforming AML, but one critical challenge persists: transparency. In regulated industries, credibility rests on explainability. If executives can’t understand a model, they...