Tag: Anti-Money Laundering

German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.

UK-based technology marketplace for financial services firms Bofin partnered ComplyAdvantage to lower its risk of financial crimes and money laundering.

Estonian core banking provider Modularbank has added anti-money laundering (AML) capabilities to its services via a partnership with HAWK:AI, a Germany-based AML platform.

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

After almost a year of discussions, EU finance ministers have agreed to launch a regulatory body focused on fighting money laundering.

The amount businesses are fined for failing to live up to their anti-money laundering commitments have skyrocketed in the last year, according to new research from Duff & Phelps.

Having already established itself as a leader in automated regulatory compliance, Muinmos has now taken additional steps to make it easier for businesses to meet regulatory demands.

The coronavirus has not only wreaked havoc on the global economy, but also increased the risk of money laundering, fraud and cybercrime.

The Financial Action Task Force (FATF) has added an additional seven more countries to its high-risk jurisdictions list for deficiencies in their anti-money laundering or counter terrorism financing protocols.

The Fifth Anti-Money Laundering Directive (5AML) and eIDAS may empower Europe to create the world’s first digital single market, according to Electronic IDentification CEO Iván Nabalón.