Tag: AML

In a hyperconnected and digital world, the importance of KYC and AML in finance cannot be understated. For banking, what do these processes include?

When it comes global AML regulations, sanctions screening is an imperative part of it and plays a huge role in the fight against money laundering and terrorism.

It has been over half a century since the Bank Secrecy Act was passed in the US, which was the first piece of US legislation aimed at tackling money laundering. How have regulations in this area changed over time?

The UK government has introduced the Economic Crime and Corporate Transparency Bill in an attempt to drive ‘dirty money’ out of the UK.

Copper.co, a digital asset infrastructure firm, has linked with Fenergo to implement its client lifecycle management and AML solution.

Automating AML and KYC compliance checks in the insurance industry would help drive operational efficiency and better customer experiences, according to PassFort, a Moody Analytics company.

Hawk AI has partnered with Diebold Nixdorf, a leader in driving connected commerce for finance and retail, to expand the reach of the former’s AML solution.  

With the rising level of money laundering regulations and fines, firms need to know what their requirements are. Electronic IDentification has released a report examining the AML Directives.

Hawk:AI, which offers anti-money laundering surveillance technology, has partnered with KYC and customer onboarding company Ondato.

Identity verification provider ID-Pal will help payment solution provider Lerex Technology with its identity verification, e-verification and anti-money laundering and KYC requirements.