PYMNTS

SEPTEMBER 23, 2019

Financial crimes risk management software company Quantifind and Oracle Financial Services have teamed up to improve anti-money laundering (AML) compliance and to add intelligence and automation properties directly into the compliance workflows, according to a release. “We are excited to announce our collaboration with Oracle today.

AML 65

AML Compliance Financial Crimes Automation 65

Fintech News

MAY 22, 2024

Arctic Intelligence (Australia) Headquartered in Sydney, Australia, Arctic Intelligence is a multi-award-winning regtech company specializing in financial crime risk assessment technologies. Founded in late 2015, the company provides regulated entities with tools to manage audit, risk, and compliance programs effectively.

Financial Crimes 98

Financial Crimes Crime APACS Risk Assessment 98

Stax

NOVEMBER 27, 2023

KYC’s three main components are the customer identification program (CIP), which was imposed by the USA Patriot Act in 2011; customer due diligence (CDD); and regular monitoring of the customer’s account and activities, which is also called enhanced due diligence (EDD). In the U.S.,

Due Diligence 88

Due Diligence Money Laundering AML Financial Crimes 88

Segpay

JANUARY 30, 2025

The rise of artificial intelligence (AI) is reshaping industries. AI promises innovation, higher efficiency, optimized accuracy, cost reduction and economic growth. The EU AI Act classifies AI systems into four different risk levels: unacceptable, high, limited, and minimal risk.

Merchant Payment Processing 52

Merchant Payment Processing Processors AI Process 52

Finovate

FEBRUARY 15, 2024

InvestGlass InvestGlass is the #1 Swiss sales automation solution for banks, which features digital onboarding, CRM, marketing, portfolio management, and integrates on-premise AI GPT with legacy regulations. It is a Swiss sovereign solution. Banks, payment providers, brokers, wealth management companies, and governments.

Due Diligence 59

Due Diligence Risk Assessment CRM AI 59

PYMNTS

MARCH 22, 2019

They also ensure that all contract data is stored on blockchain, thus reducing risk of fraud,” he said. It is in the context of risk assessment that artificial intelligence (AI) can play a role in invoice financing, said the executive. Risk can be predicted accurately, if all this data is incorporated in an algorithm.

Blockchain 65

Blockchain Finance Risk Assessment Due Diligence 65

The Fintech Times

MARCH 27, 2024

“To identify potential front and shell companies, financial services firms need to actively monitor transaction volumes and frequencies, while examining clients and counterparties for high-risk indicators such as locations of owners and controllers.

Money Laundering 93

Money Laundering Financial Crimes Crime Due Diligence 93

The Fintech Times

JANUARY 25, 2024

While it is clear that organisations need to develop a risk-based approach to address PEP-related risks in the coming year, it is less obvious how they can begin to do this. Forming a risk-based approach can help FIs link their methodology back to their wider risk appetite and strategy.

Risk 59

Risk Due Diligence Financial Crimes Crime 59

Tearsheet

AUGUST 7, 2024

Morgan’s extensive client relationships with Slope’s AI-driven B2B payment platform. Morgan’s financial strength and Slope’s innovative approach to credit risk assessment and monitoring. The AI capabilities that Slope has is a true market differentiator in this space.

AI 59

AI B2B Finance Underwriting 59

Stax

AUGUST 22, 2024

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. The due diligence doesn’t stop at onboarding.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

FICO

MARCH 6, 2020

FICO brings AI and advanced analytics to risk management, fraud detection, collections and much more. Here at FICO, AI is in everything we do. Our Anti-Financial Crime solutions suite consistently follows the risk-based approach according to FATF and supports the compliance process with integrated modules.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

The Fintech Times

SEPTEMBER 19, 2024

By integrating risk assessments, controls, and regulatory obligations in real-time, and within a unified framework, institutions can proactively identify and mitigate risks associated with new regulations, such as operational resilience requirements. For fraud, the focus was historically on customer identity.

Risk 59

Risk Financial Crimes AML Risk Management 59

FICO

FEBRUARY 9, 2021

IWT risk must be part of a bank’s risk framework and their AML risk assessment, e.g., by adding high-risk sources (Africa, South America), transit (EU), and destination countries (see above). AI models can uncover the relevant behaviours – including identifying outlier behaviour never seen before.

Money Laundering 52

Money Laundering Crime Financial Crimes Due Diligence 52

Seon

MAY 31, 2024

While some market solutions integrate machine learning (ML), artificial intelligence (AI), and automation to streamline review processes and minimize reliance on manual intervention, many businesses operate with fragmented workflows, where separate departments are isolated, leading to gaps and weaknesses.

Fraud Prevention 52

Fraud Prevention Fraud Detection Compliance Money Laundering 52

PYMNTS

MAY 1, 2018

The startup also made the conference rounds this spring, where many corporates are showing interest in email as a risk assessment tool as well as automated fraud defense. Finally, enhancements to Emailage’s products should speed up the system and enable it to consume even more data as it calculates risk. AvidXchange.

Innovation 50

Innovation Payment APIs and Integration Payee Due Diligence 50

Finovate

FEBRUARY 12, 2025

The partnership is designed to bring AI-powered CLM and KYC solutions to more financial institutions around the world. Fenergo and PwC have announced a new partnership that will help put Fenergo’s AI-powered Client Lifecycle Management (CLM) and Know Your Customer (KYC) solutions in the hands of more financial institutions.

AI 52

AI Financial Crimes Due Diligence Crime 52

The Payments Association

MARCH 20, 2025

The first being technology infrastructure, where cloud computing, artificial intelligence (AI) and automation reshape the way financial services operate. The second pillar, cybersecurity and risk management, has become increasingly complex as cybercriminals exploit the rise of digital payments and remote working.

Compliance 88

Compliance Disaster Recovery Regulatory Compliance Risk 88

The Payments Association

MAY 14, 2025

The industry is moving towards AI-driven compliance, real-time data, and closer collaboration among banks, fintechs, and regulators. This includes visibility into documentation, rule application, and risk assessments. A lot of stablecoin models solve a speed problem by not addressing the risk problem, he said.

Cross-Border Payments 88

Cross-Border Payments Correspondent Bank Cross-Border Correspondent 88

The Fintech Times

APRIL 1, 2025

To improve supplier risk management, the procuremnt orchestration platform processing over $100billion in business spend, Zip has launched a new solution – Zip for Risk Orchestration. Regulations worldwide are fundamentally reshaping how businesses manage supplier relationships. billion since implementation.

Mitigation 59

Mitigation Risk Verification Risk Management 59