Tag: AML

The newly enforced Anti-Money Laundering Act of 2020 (AMLA) in the US makes it more important for financial institutions to clear their alert backlogs.

The global anti-money laundering software market is expected to double in value over the next few years.

RegTech company SmartSearch U.S, has improved its anti-money laundering (AML) offering on the back of Congress passing new financial crime laws in January.

One of the UK's top officials fighting money laundering has warned that a "disturbing" amount of Russian money is being funnelled through the country.

London-based intelligent compliance technology developer Napier has been chosen by Australia Post to support its anti-money laundering (AML) and counter-terrorism financing (CTF) services.

Client relationship management solution developer Tier1 Financial Solutions has acquired compliance and financial crime prevention company Alessa.

Having closed a $15m funding round in October, Silent Eight has kicked off 2021 by inking a multi-year partnership with HSBC.

The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.

Digital banking and lending platform company LEVERIS has signed a partnership with ComplyAdvantage, the financial crime detection company.

Identity verification-as-a-service platform IDnow has closed a €15m growth funding from European Investment Bank.