Tag: financial institutions

Singapore is stepping up its efforts to integrate artificial intelligence into the financial sector with Project MindForge, a collaborative initiative announced in June 2023. The...

The Wolfsberg Group has released its second Statement on Effective Monitoring for Suspicious Activity, introducing a comprehensive framework for responsible innovation as financial institutions...

Across banks and FinTechs in Europe, there is broad agreement on the importance of intelligence sharing to combat financial crime. Yet despite this consensus,...

Financial institutions (FIs) face a paradox: rising customer demand is a positive sign for business growth, yet it comes with mounting compliance challenges. Scaling anti-money...

Diginex, a provider of sustainability-focused RegTech solutions, and SGS, the world’s largest testing, inspection, and certification firm, have reaffirmed their strategic alliance. The partnership aims...

Continuous, formerly known as SMA Technologies, has acquired Sycorr, a provider of identity and access management software designed for banks and credit unions.

Financial institutions are facing unprecedented pressure as payment fraud grows more complex and relentless. Attack volumes are increasing, schemes are more sophisticated, and the time...

Switching from a legacy anti-money laundering (AML) transaction monitoring system to a modern solution is a complex undertaking requiring careful planning. The process involves...

PSA Solutions and Strise have announced a strategic partnership designed to help law firms navigate increasingly demanding anti-money laundering (AML) regulations.

The UK’s anti-money laundering (AML) framework places a clear responsibility on businesses to identify and report suspicious financial activity. To support this, companies in...