FICO

MAY 20, 2021

In my Financial Crimes Predictions 2021: More AI & Ransomware post , I talked about how banks will move to operationalize their Anti-Money Laundering (AML) compliance programs to achieve greater efficiencies and how robotic process automation (RPA) adoption will drive the paradigm shift. Collect data from internal and external sources.

Financial Crimes 52

Financial Crimes AML Crime Automation 52

The Fintech Times

APRIL 10, 2024

Capitalising on new technology Martin Hartley, group CCO of emagine Consulting According to Martin Hartley , group CCO of emagine Consulting , a high-end business consultancy firm specialising in the financial services sector, the secret for fintech funding’s revival lies in the technology being offered.

FinTech 116

FinTech Consulting Due Diligence Returns 116

Fintech News

MAY 22, 2024

For larger enterprises and the consultants assisting them, Arctic Intelligence offers the Risk Assessment Platform. Asset managers, banks, auditors, exchanges and others can use the product as a due diligence tool to help filter for suspicious accounting, fraud in the accounts and weak corporate governance. Transparently.AI

Financial Crimes 103

Financial Crimes Crime APACS Risk Assessment 103

Stax

AUGUST 22, 2024

Thorough due diligence, technology, and adherence to regulatory guidelines are essential in a PayFac’s risk management strategy. You need thorough due diligence, technology, and adherence to regulatory guidelines in your risk management strategy. The due diligence doesn’t stop at onboarding.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

The Fintech Times

JULY 3, 2024

Silvija Krupena , director of the financial intelligence unit at RedCompass Labs Silvija Krupena , director of the financial intelligence unit at financial consulting firm RedCompass Labs , comments: “It’s important that social media platforms don’t get let off the hook when it comes to reimbursing victims of online fraud.

Scams 105

Scams Financial Crimes Due Diligence Crime 105

The Fintech Times

JUNE 20, 2024

This integration will enable banks to onboard new users swiftly, perform anti-money laundering (AML) screening on customers, verify business clients, and monitor for fraud and suspicious transactions with the option to adopt and manage all features through a single platform.

Compliance 59

Compliance Process APACS Money Laundering 59

Neopay

JANUARY 25, 2024

Background By extending the scope of the ML/TF Risk Factors Guidelines, the EBA harmonises the approach that CASPs across the EU should adopt when implementing the risk-based approach to AML/CFT as part of their business. The amending Guidelines will apply from 30 December 2024.

Service Provider 52

Service Provider Risk Due Diligence Money Laundering 52

FICO

MARCH 6, 2020

By combining advanced AML analytics in scoring processes and robotics in alert and case handling you tremendously improve efficiency and effectiveness in compliance. Our analytics-driven AML solution monitors transactions for unusual behavior and offers advanced link analysis, pattern recognition, profiling based detection. In the U.S.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

PYMNTS

OCTOBER 22, 2018

With financial crime on the rise, CGI HotScan360 aims to deliver integrated, intelligent and real-time anti-money laundering (AML), customer due diligence and fraud detection capabilities. CGI has announced the launch of CGI HotScan360, an enhanced version of its industry leading HotScan solution.

Risk Mitigation 43

Risk Mitigation Mitigation Compliance Risk 43

The Fintech Times

SEPTEMBER 19, 2024

Previously, the AML focus was primarily on conducting due diligence during the onboarding of new customers and periodically throughout the customer lifecycle. “This necessitates a complementary risk identification and mitigation effort involving AML and fraud. events per 100,000 people.

Risk 59

Risk Financial Crimes AML Risk Management 59

Neopay

DECEMBER 6, 2023

This includes assessing the effectiveness of anti-money laundering (AML) measures, fraud prevention, and adherence to relevant regulations. Collaboration with experts : Engaging external experts, like compliance consultants , provides independent assessments aligned with the spirit of skilled person reviews.

Audit 59

Audit Regulatory Compliance Financial Crimes Compliance 59

Neopay

JUNE 27, 2024

If you are partnering with a consultancy firm, make sure they provide workshops and training to help you ensure that you have a good understanding of the regulations that apply and, more importantly, how they apply to your specific business model and services.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

Global Fintech & Digital Assets

MARCH 5, 2024

The guidance continues the momentum of digital asset regulation in Hong Kong, following a raft of other rules and consultations recently published by Hong Kong regulators. AML/CFT : Banks must comply with their existing anti-money laundering and counter-financing of terrorism obligations in connection with providing custodial services.

Authorization 59

Authorization Product Due Diligence Procedures 59

Fintech News

JANUARY 24, 2024

In May 2023, the MAS released a Consultation Paper on amendments to the Payment Services Regulations 2019, introducing new measures for Digital Payment Token (DPT) services, including a requirement for customer asset safekeeping under statutory trust. The company provides crypto assets, as well as custody and clearing infrastructure services.

Service Provider 98

Service Provider Cryptocurrency Payments Institute Blockchain 98

Fintech Labs Insights

JANUARY 26, 2017

Aqubix is a complete, centralized, management tool for all your customer due diligence (CDD), compliance, and anti-money laundering (AML) procedures. He has hands-on experience in all areas of IT, including as a developer, consultant, and trainer in many industries. Pick up your tickets today and save your spot.

Due Diligence 20

Due Diligence Money Laundering Consulting AML 20

Neopay

NOVEMBER 28, 2023

.” The Focus on Compliance Roadblocks and Mitigation Strategies Financial institutions are re-evaluating their current financial crime compliance processes and devising strategies to enhance data quality, KYC, AML (Anti-Money Laundering), internal compliance, and transaction monitoring.

Financial Crimes 52

Financial Crimes Crime Compliance Money Laundering 52

The Payments Association

JUNE 5, 2025

David Parker CEO, polymath consulting "Cash continues to remain resilient as a payment option. Imran Ali Payments consulting director, KPMG "While contactless cards continue to dominate, digital wallets are particularly appealing to younger consumers. However, we are now seeing a shift in the adoption of new technology.

Payments Trends 88

Payments Trends Consumer Online and Mobile Banking Debit Card 88

Neopay

MARCH 26, 2025

The European Banking Authority (EBA) launched on 6th March a public consultation on four draft Regulatory Technical Standards (RTS) that will be part of the EBAs response to the European Commissions Call for Advice. The consultation runs until 6 June 2025. The deadline for the submission of comments is 6 June 2025.

Money Laundering 52

Money Laundering Consulting AML Rules 52

Finovate

JANUARY 28, 2025

PwC UK and PwC Channel Islands will deploy KYC Portal CLM , the company’s client lifecycle management platform that features AML technology, including risk assessment tools and advanced due diligence (CDD) capabilities. ” Founded in 2008, KYC Portal made its Finovate debut at FinovateEurope 2019 in London.

Due Diligence 52

Due Diligence Risk Assessment Financial Crimes AML 52

The Payments Association

MAY 14, 2025

Other persistent obstacles include inconsistent anti-money laundering (AML) rules and sanctions regimes across jurisdictions, which generate conflicting alerts and limit the scope for automation. The panel explored how global trade, technology, and regulatory approaches are intersecting in this new landscape.

Cross-Border Payments 88

Cross-Border Payments Correspondent Bank Cross-Border Correspondent 88