Tag: AML

While financial institutions race to adopt the latest anti-fraud tools, one truth is becoming undeniable: financial crime is no longer isolated. It is fast-moving,...

WorkFusion has teamed up with 1LoD to produce a comprehensive Financial Crime Benchmarking Survey & Report, offering fresh insight into how top global banks...

Fincom, a RegTech company specialising in anti-money laundering (AML) compliance, has completed its Series B funding round, marking a significant step in its international expansion plans.

As geopolitical tensions continue to reshape international trade policy, tariffs are evolving from economic instruments into a new battleground for financial crime. According to...

As services across industries become increasingly digitised, the need for secure and streamlined methods of identity verification has intensified. Traditional methods such as physical...

Many financial institutions are still holding onto legacy anti-money laundering (AML) systems, opting to layer new technology over outdated infrastructure rather than starting afresh. While...

Capgemini has launched a first-of-its-kind pKYC sandbox, aimed at helping financial institutions adopt a real-time, continuous compliance framework. The new solution addresses the challenges associated...

As regulatory demands intensify and financial crimes grow more complex, financial institutions and regulated businesses are under mounting pressure to modernise their risk assessment...

In 2024, Nasdaq reported that more than $3.1tn in illicit funds circulated through the global financial system, with much of it hidden using so-called ‘money mules’.

Artificial intelligence is no longer a future prospect for financial services; it is a present reality, evolving quickly and reshaping the compliance landscape. From enhancing risk detection to improving operational efficiency, AI offers immense potential. However, its rapid adoption also brings fresh regulatory questions, new risks, and ethical challenges.