Anti-money laundering (AML) stories
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TanX hits USD $1 billion in quarterly trading volume
Yesterday
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blockchain
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cryptocurrency
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transactions
TanX has hit a quarterly trading volume of USD $1 billion, marking a 70% rise and underscoring the growing reliance on decentralized trading platforms.
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Emerge & SquareOne introduce Blue tick email verification in NZ
4 days ago
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nz
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federal trade commission
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cloud services
Emerge and SquareOne introduce Blue tick email verification to combat phishing scams in New Zealand, enhancing trust and security in fintech communications.
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LexisNexis Risk Solutions launches Australian cloud facility
This month
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biometrics
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edge computing
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risk & compliance
LexisNexis Risk Solutions debuts its first Australian cloud hosting facility, enhancing local risk orchestration services with advanced compliance solutions.
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HSBC & BNY Mellon to pilot Quantexa's new AI technology
Last month
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risk & compliance
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ai
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hsbc
HSBC and BNY Mellon join Quantexa's Lighthouse Programme to deploy Q Assist, a context-aware generative AI suite, debuting at London Tech Week to optimise financial services.
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First AML & Armalytix join forces to elevate AML processes
Thu, 30th May 2024
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fintechs
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risk & compliance
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aml
First AML has partnered with Open Banking tech platform Armalytix to boost Source of Funds and Source of Wealth capabilities for large conveyancing firms.
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Global AML expenditure by non-financial sectors to surge 170%
Wed, 22nd May 2024
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martech
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risk & compliance
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search engines
Global spend on Anti-Money Laundering systems by non-financial entities is set to soar 170%, reaching $6.3 billion by 2028, driven by stricter regulations.
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First AML launches AI Assist to expedite compliance tasks
Wed, 15th May 2024
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risk & compliance
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ai
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money laundering
First AML launches AI Assist, promising to reduce compliance tasks to 60 seconds, expediting KYC and AML processes by 90% through automated data extraction.
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TrustQuay Viewpoint announces Guy Harrison as new CEO
Thu, 9th May 2024
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saas
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digital transformation
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risk & compliance
In a strategic move, TrustQuay Viewpoint appoints industry veteran, Guy Harrison, as CEO to enhance global development and facilitate the digital transformation in the TCSP sector.
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C-suite executives concerned over company's anti-money laundering processes
Thu, 25th Apr 2024
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fintechs
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financial systems
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risk & compliance
Despite budget cuts, a new survey reveals worries among UK c-suite executives over their firms' anti-money laundering procedures, with 49% partially confident in their compliance.
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Oracle launches AI-powered platform to combat money laundering
Tue, 9th Apr 2024
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risk & compliance
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ai
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money laundering
Oracle unveils AI-powered Finance Services Compliance Agent to help banks combat a predicted $5.05tn in money laundering in 2024, through enhanced transaction monitoring and risk-control efficiency.
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Emerge disrupts New Zealand banking with SME platform
Mon, 8th Apr 2024
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fintechs
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martech
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commerce systems
Emerge, a disruptive platform aimed at revolutionising New Zealand's business banking landscape, has launched.
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FICO survey reveals identity theft & fraud fears among Indonesians
Mon, 1st Apr 2024
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physical security
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fintechs
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financial systems
FICO's study reveals prolonged fears of identity theft among Indonesians, as 36% remain anxious, heightening vulnerabilities to financial loss and credit damage amid growing risks from real-time payments.
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Finkr launches to revolutionise fintech sector with visionary strategies
Fri, 22nd Mar 2024
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fintechs
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payment technologies
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asia
London's Finkr consultancy launches today, pledging to transform the fintech sector with its forward-thinking strategy and advanced tech solutions.
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Global AML system spend to hit USD $51.7bn by 2028, driven by AI use
Tue, 5th Mar 2024
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ai
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aml
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legal
Global spending on Anti-Money Laundering (AML) systems is projected to reach USD $51.7 billion by 2028, an 80% increase driven by AI's role in enhancing risk assessment, according to Juniper Research.
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NextGen's digital services speed up home loan approvals in Australia
Wed, 21st Feb 2024
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fintechs
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digital banking
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aml
NextGen's digital lending technology, specifically its Verification of Identity service, NextGenID, boosts home loan approval efficiency, reducing approval times by 25% on the ApplyOnline platform.
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iDenfy & CO2IN partner to boost carbon credit transactions security
Wed, 31st Jan 2024
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fintechs
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risk & compliance
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cleantech
Lithuanian RegTech firm, iDenfy, teams up with Czech fintech, CO2IN, to bolster the verification process, making carbon credit transactions safer and directly aiding the fight against climate change.
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SEON appoints ex-Uber executive Björn Heckel as new CTO
Wed, 24th Jan 2024
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data analytics
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martech
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cdp
Fraud prevention platform, SEON, recruits Björn Heckel, seasoned tech executive from Uber and Salesforce, as CTO to reinforce its commitment to fighting fraud and boosting enterprise solutions.
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SAS lauded as leader in AML transaction monitoring by Chartis Research
Wed, 24th Jan 2024
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data analytics
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martech
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rpa
In its inaugural AML transaction monitoring solutions evaluation, Chartis Research recognises analytics giant SAS as a category leader, underscoring its impressive capabilities in analytical modelling, risk typology modelling, and workflow automation.
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LRN's anti-fraud courses receive accreditation in Singapore
Fri, 19th Jan 2024
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cybersecurity
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financial crime
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aml
Singapore battles rising online scams as LRN Corporation delivers accredited courses to enhance ethical practices in the financial sector, in line with the Monetary Authority regulations.
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Partisia Blockchain spearheads decentralisation discourse at World Crypto Forum
Wed, 10th Jan 2024
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blockchain
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risk & compliance
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data privacy
Swiss-based Partisia Blockchain takes centre stage at the inaugural World Crypto Forum, promoting the discourse on decentralisation alongside launching a new product.