Finovate

DECEMBER 11, 2024

The GenAI Financial Crime Detection Suite enables financial institutions to improve AML efforts, streamline compliance, and proactively manage risk indicators. ” Founded in 2013, ThetaRay offers transaction monitoring, transaction and customer screening, and customer risk assessment suites to help firms fight financial crime.

Financial Crimes

Fintech News

FEBRUARY 10, 2025

In fintech, Agentic AI could enhance fraud prevention, risk management, trading, and customer engagement by autonomously analysing financial data, detecting anomalies, and executing decisions in real time.

AI

Neopay

APRIL 22, 2025

As regulatory and compliance specialists for payment and e-money firms, we recognise the importance for due diligence, transaction monitoring, and robust AML controls. Compliance regimes need to respond accordingly, with risk assessments that are proactive and substantive continuous monitoring.

Money Laundering

Finextra

JULY 28, 2025

The allure of AI – promising breakthroughs in predictive analytics for risk assessment, automated customer support, and advanced fraud prevention – has prompted substantial capital allocation across the sector. streamlines customer identity verification (KYC) and significantly bolsters Anti-Money Laundering (AML) efforts.

AI

EBizCharge

JANUARY 16, 2025

Fraud detection and risk assessment: MCCs assist fraud detection and risk assessment operations by flagging suspicious transactions. Tax reporting and compliance: MCCs aid in tax reporting and compliance with regulatory bodies like Payment Card Industry Data Security Standards (PCI DSS) and Anti-Money Laundering (AML).

Credit Cards

Finextra

JULY 7, 2025

Upstart (2024) AI Application: Loan underwriting and risk assessment Experience Impacted: CX - Banking Customer Experience AI Loan Underwriting Platform: The fintech Upstart has pioneered AI-based lending, and by 2024 its platform was adopted by 500+ banks and credit unions for personal and auto loans.

AI

The Fintech Times

APRIL 24, 2025

Partnerships Identity platform Trulioo is partnering with PingPong , a cross-border embedded payment solution provider, to enable the cross-border firm to expand its global footprint while meeting rigorous Know Your Business (KYB) and Anti-Money Laundering (AML) compliance standards by automating verification processes.

FinTech

Neopay

JULY 30, 2025

Firms must still consider wider geographic, product and customer risk factors when carrying out customer and transaction risk assessments. Regulated entities will continue to be required to apply EDD based on geographic risk factors, as per Regulation 33(6)(c).

Money Laundering

The Payments Association

JULY 18, 2025

Next steps/action required: Conduct or update a fraud risk assessment, with documented outputs and regular review cycles. FCA rules are expected to include enhanced obligations around financial promotions, complaint handling, creditworthiness assessments, and tailored disclosure.

Regulations

Finovate

JUNE 3, 2025

The company’s offering helps institutions better combat the growing sophistication of criminal networks who are able to thwart traditional rule-based anti-money laundering (AML) systems. Spayce will leverage ThetaRay’s AI-first solution to ensure regulatory compliance and scale securely.

Cross-Border Payments

Finovate

JUNE 3, 2025

Feedzai has launched Feedzai IQ , a fraud intelligence solution that uses anonymized, distributed data to deliver real-time risk assessments without compromising customer privacy. Key features include TrustScore and TrustSignals , which provide network-wide fraud risk scores and indicators to improve accuracy and payment acceptance.

Fraud Prevention

Finovate

AUGUST 13, 2025

At the conference, the company demonstrated how its AI-powered AML platform provides accurate sanctions and watchlist screening, KYC, KYB, enhanced due diligence, and ongoing monitoring insights in seconds. Founded in 2019 and headquartered in Toronto, Ontario, Canada, Minerva made its Finovate debut at FinovateFall 2022 in New York.

Financial Crimes

Finextra

JULY 8, 2025

Instead, firms can designate other suitably trained senior staff, provided that the MLRO retains oversight of the process and ensures compliance with the FCA’s standards and the firm’s internal risk framework. A Smarter Approach to Risk Assessment The FCA reiterates that not all PEPs pose the same level of risk.

Money Laundering

Payments Dive

JULY 11, 2025

The Department of Housing and Urban Development issued a request for public comment late last month on BNPL loans, posing nearly two dozen questions about the industry, BNPL customers and metrics assessing a borrower’s overall financial situation. “As What housing-related expenses are most often sacrificed to repay BNPL debts?”

BNPL

The Payments Association

MARCH 25, 2025

As director/MLRO of SENDS, a UK-licensed EMI, I see AI’s potential in fraud prevention, AML, and compliance. Sends leverages AI to mitigate risks, comply with FCA, PSD2, and PCI DSS, and enhance client experience with secure and innovative services.

Regulatory Compliance

The Paypers

JUNE 19, 2024

Lithuania-based regtech provider iDenfy has announced the launch of its AI-enabled Customer Risk Assessment solution, completing its KYC/KYB/AML compliance suite.

Risk Assessment

The Paypers

FEBRUARY 9, 2023

UK-based Shufti Pro has augmented customer verification with the launch of risk assessment and eIDV services, helping tackle identity fraud and meet KYC/AML regulations.

Risk Assessment

The Payments Association

MAY 15, 2025

AI applications are increasingly being deployed to improve the scalability of payment processing, spanning areas such as financial crime screening, client risk assessments, multi-jurisdiction data-sharing, and the automated analysis of alerts and regulatory reporting.

AML

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

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.

AML

The Payments Association

JANUARY 29, 2025

Inadequate risk management and due diligence : Institutions faced challenges in ensuring effective customer risk profiling and due diligence, particularly for high-risk clients and correspondent banking relationships.

Financial Crimes

The Fintech Times

APRIL 29, 2024

In the last two decades, anti-money laundering (AML) regulatory framework, processes and mechanisms have not changed much. Alexandre Pinot , co-founder and head of innovation and strategy at Vilnius, Lithuania, headquartered AMLYZE , the AML/CFT compliance firm explains where the gaps in the current AML system are.

Money Laundering

Neopay

MARCH 7, 2024

In a recent move, the Financial Conduct Authority (FCA) has taken a significant step in addressing the prevalent anti-money laundering (AML) shortcomings among Annex 1 firms. With our expertise in regulatory compliance and risk management, we offer tailored solutions to address the specific challenges faced by financial institutions.

AML

Fintech News

MARCH 3, 2024

Cindy, who brings over three decades of experience in the compliance sector, will spearhead the company’s efforts in regulatory compliance, policy formulation and execution, risk assessment, and business advisory to support FOMO Group’s expanding operations. She has previously served as the Chief Control Officer at Bank J.

Compliance

Finovate

MARCH 28, 2024

Fraud and risk platform DataVisor launched its anti-money laundering (AML) solution this week. AI-powered fraud and risk platform DataVisor launched its end-to-end anti-money laundering (AML) solution this week. DataVisor made its Finovate debut at FinovateFall last September. Co-founder Yinglian Xie is CEO.

AML

PYMNTS

FEBRUARY 1, 2021

million fine for violating anti-money laundering (AML) regulations, The Wall Street Journal reported on Monday (Feb. The bank was recently fined in a separate charge that it failed to comply with a 2015 request by the FDIC to improve its AML compliance. Manhasset, New York-headquartered Apple Bank For Savings will have to pay a $12.5

AML

The Paypers

OCTOBER 7, 2020

Computer Services, a provider of end-to-end fintech and regtech solutions, has partnered with Arctic Intelligence to launch WatchDOG ERM and AML Accelerate powered by Arctic Intelligence.

Risk Assessment

Stax

DECEMBER 4, 2023

The US, therefore, requires financial institutions as well as financial services firms to have anti-money laundering (or AML) compliance programs in place. In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Let’s get started.

Money Laundering

FICO

FEBRUARY 15, 2017

For instance, Aite Group LLC in its 2015 report Global AML Vendor Evaluation noted that “increasingly, regulators recognize that rules alone are not an effective manner of detection and are pressuring banks to include more sophisticated analytics.” As Frank noted in his post, we have integrated two main AI components into our AML products.

AML

Neopay

JULY 4, 2024

With the change in the anti-money laundering (AML) supervisory approach of the Financial Conduct Authority (FCA), many firms are nervous about whether they will face FCA scrutiny and what to expect if they do. He has shared his insight and experience to assist firms with the changes to the FCA’s approach to AML supervision. No problem.

AML

The Fintech Times

JANUARY 17, 2024

Helping firms achieve this, Minerva , an anti-money laundering (AML) compliance technology provider, has launched a new channel programme to provide better accessibility to its services. The channel programme is ideal for organisations looking to resell, cosell, integrate, or refer Minerva’s AML solution to customers.

AML

PYMNTS

JUNE 20, 2019

If the risk experts aren’t feeling confident — it is hard to know how anyone else in an organization is going to. But flipping through the latest edition of the PYMNTS AML/KYC Tracker, in collaboration with Trulioo , there is a lot of data to suggest that this is the situation in an awful lot of organizations.

AML

The Fintech Times

JUNE 19, 2024

By leveraging the Fenergo software-as-a-solution solution, First Abu Dhabi Bank hopes to speed up client onboarding and enhance its anti-money laundering ( AML ) compliance processes. Fenergo explained it plans to help First Abu Dhabi Bank to deliver end-to-end digital client onboarding and risk assessment for sanctions, AML and KYC.

AML

Fintech Finance

FEBRUARY 24, 2025

By leveraging data sources across 220 countries & territories, the collaboration will provide region-specific solutions and access to business-relevant data along with documents and risk assessment models to help FIs onboard clients, vendors and dealers digitally and securely.

AML

The Fintech Times

APRIL 26, 2024

PwC , the assurance, tax and advisory services provider, has published a new report revealing what factors impact effective anti-money laundering (AML) practices the most. In its report, titled EMEA AML Survey 2024: Spotlight on Effectiveness , PwC reveals that many organisations do not feel they have adequate AML operations.

AML

Finovate

JUNE 4, 2024

AMLYZE Co-Founder and Head of Partnerships Jekaterina Govina praised Aura Cloud for its “commitment to agility and innovation” which Govina said “aligns perfectly with our mission to provide AML/CFT solutions, built by regulatory insiders who understand customer pain points from the inside out.”

Financial Crimes

PYMNTS

OCTOBER 16, 2019

The latest Digital Banking Tracker brings research and expert commentary from the FinTech and consumer banking space with a focus on anti-money laundering (AML) and solutions. Scandal and fraud tarnishing banks’ reputations aside, the impact that AML compliance controls have had on these banks’ bottom lines can’t be underestimated.

AML