Tag: AML

In the rapidly evolving financial services industry, the importance of effective risk assessment is often overlooked.

Flagright recently took the opportunity to explain how financial firms can navigate the complexities of AML data integrity. 

The European Parliament and Council have reached a political agreement on the establishment of an Anti-Money Laundering Authority (AMLA).

Flagright, a global leader in AI-powered AML and fraud prevention solutions, has proudly announced its newest customer, Aforti.

Refine Intelligence, a FinTech company specialising in Financial Crime Greenflagging, announced its launch, marking a significant advancement in anti-money laundering (AML) practices.

RegTech firm Flagright recently detailed the role technology plays in the streamlining and simplifying of AML workflows. 

Fraud in the UK has become a significant concern, with 40% of crimes being fraudulent. Money muling is at the forefront, where fraudsters utilise synthetic or real mule accounts for financial gain. The UK government, recognizing the seriousness, plans to publish an action plan to combat this issue. 

Proliferation Financing (PF) is becoming an increasingly important aspect of the compliance landscape, akin to well-known areas like anti-money laundering (AML) and counter-terrorism financing (CTF). Recently, regulators, particularly in the UK, have begun implementing stricter measures to help businesses identify and mitigate PF risks.

Fenergo‘s 2023 KYC Banking Trends Report has unveiled a concerning reality for US investment banks grappling with financial crime mitigation and regulatory compliance, as...

Hawk AI, a leading provider of fraud and Anti-Money Laundering (AML) surveillance technology, has strengthened its leadership team with the appointment of Maximilian Riege...