Fintech News

DECEMBER 22, 2024

She has extensive experience in highly regulated environments and has worked on AML and compliance technology initiatives. Their expertise and vision will be integral as we continue to deliver modern issuer processing solutions, support our clients success, and shape the future of payments and fintech in areas such as data and AI.

APACS 104

APACS Issuers Commercial Card AML 104

Fintech Review

OCTOBER 1, 2024

A new focus on digital identity verification As the financial landscape continues to evolve, the importance of Anti-Money Laundering ( AML ) and Know Your Customer (KYC) processes has never been more pronounced. The Economic Crime and Corporate Transparency Act 2023 plays a crucial role in improving AML and KYC compliance.

AML 98

AML Verification Research Consumer 98

The Fintech Times

JUNE 27, 2025

According to QwikPay, iDenfy has a combination of global identity coverage, AI-enhanced biometric verification, and continuous AML screening combined with startup-friendly pricing, which makes it an attractive partner when it comes to regulatory compliance technology. “We

Risk Management 59

Risk Management Compliance Risk AML 59

Finovate

APRIL 8, 2025

AI-powered anti-money laundering (AML) company Hawk has raised $56 million in Series C funding. Hawk , a company offering AI-powered anti-money laundering (AML), screening, and fraud prevention solutions, has secured $56 million in Series C funding. Hawk made its Finovate debut at FinovateSpring 2022 in San Francisco.

Financial Crimes 71

Financial Crimes Crime Money Laundering Fraud Detection 71

The Payments Association

APRIL 7, 2025

Continued investment in innovative fraud detection technologies and adaptive regulatory frameworks is essential to stay ahead of evolving financial crime threats. APP and identity fraud challenges persist, and bad actors are continually deploying more sophisticated methods to dupe and exploit firms.

Financial Crimes 88

Financial Crimes Crime AML Fraud Prevention 88

Fintech Finance

FEBRUARY 17, 2025

As the fintech industry continues to grow and evolve, so do the demands for regulatory compliance. Leveraging artificial intelligence (AI) technology, PhotonPay has further streamlined anti-money laundering (AML) and counter-terrorism financing (CFT) processes, enhanced its risk management system and effectively reduced financial crime risks.

Compliance 59

Compliance Payment Solutions Global Payments Risk 59

The Payments Association

NOVEMBER 25, 2024

While emphasising the importance of robust anti-money laundering (AML) measures, the FCA has consistently advocated against indiscriminate de-risking. Banks continue to sever ties with MSBs like PFS without individualised assessments, often citing AML concerns or geopolitical risks associated with countries like Iran.

Risk 88

Risk Financial Crimes AML Financial Inclusion 88

The Payments Association

MARCH 19, 2025

The high price of legacy in a payments-first world Banks that continue to rely on legacy infrastructure face mounting challenges: Limited scalability: Legacy tech wasnt built for real-time, cross-border, 24/7 payments or seamless integration with regional schemes.

Payment APIs and Integration 88

Payment APIs and Integration Innovation Cross-Border ISO 20022 88

The Payments Association

MAY 21, 2025

Pioneering the future of fraud and AML, together Looking to the future, Lynx remains dedicated to developing cutting-edge AI technologies that safeguard global financial services. Together, we will revolutionise the fight against financial crime. Known performance where connection is TCP/IP socket and the solution is on-premise

Fraud Prevention 88

Fraud Prevention Fraud Detection Financial Crimes Crime 88

Trade Credit & Liquidity Management

JUNE 25, 2025

Traditional, rules-based anti-money laundering (AML) systems are increasingly seen as outdated and insufficient for detecting hidden threats, exposing institutions to regulatory, financial, and reputational risks.

Financial Crimes 52

Financial Crimes Crime AI Cross-Border 52

PYMNTS

DECEMBER 10, 2020

This lack of identity information is compounded by the weak KYC procedures of many cryptocurrency exchanges, with a recent study finding that 56 percent of all exchanges lacked sufficient KYC processes, many of which did so on purpose to avoid complying with AML regulations. Enforcing AML/KYC Compliance At Cryptocurrency Exchanges.

AML 88

AML Cryptocurrency Money Laundering Compliance 88

Fintech Finance

FEBRUARY 20, 2025

Web Application Firewalls (WAF) monitor traffic continually. Continuous Monitoring & Instant Incident Response: Real-time detection of threats with immediate remediation actions, including human intervention. Distributed denial of service (DDOS) protection ensures all traffic is protected from malicious threat actors.

PCI DSS 86

PCI DSS Security Payment APIs and Integration MFA 86

Fintech Finance

DECEMBER 20, 2024

Patricia previously served as VP of Technology Operations and Delivery at Zopa, where she led risk management and process improvements, and Senior Director of Software Engineering at LexisNexis Risk Solutions, spearheading AML and compliance technology initiatives.

APACS 97

APACS Issuers Credit Cards AI 97

The Payments Association

MAY 15, 2025

With the advance of AI innovation continuing to accelerate, the payments industry is today exploring a wider range of AI use cases than ever before. Our proprietary AI-driven AML intelligence platform spans several core areas, including sanctions screening, transaction monitoring and client risk scoring.

AML 88

AML AI Financial Crimes Process 88

The Paypers

MAY 19, 2025

AU10TIX , a global provider of identity verification and fraud prevention services, has launched continuous risk monitoring as part of its AML solution.

AML 36

AML Continuity Risk Fraud Prevention 36

Finovate

JUNE 12, 2025

The solution scales as organizations grow, allowing companies to continue to rely on consistent, policy-aligned identity verifications across regions, products, and channels. The partnership will combine Albany Beck’s AML/KYC Academy with ID-Pal’s identity verification and AML screening technology.

Verification 52

Verification AML Returns Deepfake 52

Fintech News

MARCH 12, 2025

The LOI focuses on capacity building in digital asset regulation, anti-money laundering (AML) and counter-terrorism financing (CTF) measures, and cross-border capital market connectivity.

Finance 88

Finance Money Laundering Cross-Border Agreements 88

Stax

JANUARY 23, 2025

Ensure regulatory compliance by adhering to anti-money laundering (AML) laws and Know Your Customer (KYC) requirements. Step 4: KYC and AML Checks Compliance officers or automated systems integrated with KYC and AML verification services verify the identity of business owners and ensure compliance with anti-money laundering regulations.

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

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 78

Money Laundering AML SARS Financial Crimes 78

Fintech News

DECEMBER 22, 2024

In 2024, Singapore continued to solidify its position as a global fintech leader. Finally, the fintech startup ecosystem continued to diversify, a trend which is evident in the rapid growth of Web 3.0, Singapore continues to lead fintech funding In 2024, Singapore continued to lead fintech funding across ASEAN.

FinTech 113

FinTech Cross-Border Payments Cross-Border Money Laundering 113

The Fintech Times

AUGUST 9, 2024

AU10TIX , the identity verification and management firm, has unveiled a new anti-money laundering (AML) solution, in a move to help businesses ensure a safer approach to risk mitigation. By providing a one-stop shop for all identity verification and AML compliance needs, AU10TIX ensures businesses can operate securely and efficiently.

AML 64

AML Risk Payment APIs and Integration Money Laundering 64

Fintech News

JUNE 3, 2025

The agency said this action should serve as a warning to other digital currency exchanges that fail to comply with Australias anti-money laundering and counter-terrorism financing (AML/CTF) obligations. The agency said it will continue to monitor the sector and adjust regulatory measures as needed.

ATM 68

ATM Money Laundering Scams Digital Currency 68

Finovate

DECEMBER 11, 2024

The GenAI Financial Crime Detection Suite enables financial institutions to improve AML efforts, streamline compliance, and proactively manage risk indicators. The new suite is powered by Microsoft’s Azure OpenAI Service, which gives developers REST API access to OpenAI’s language models.

Financial Crimes 59

Financial Crimes Crime Money Laundering Risk Assessment 59

Finovate

MARCH 19, 2025

This will enable them to onboard customers faster and comply with international KYC/AML regulations. Tuum-powered institutions will also benefit from the ability to securely scale and operate in multiple markets thanks to real-time decisioning and continuous risk monitoring.

Fraud Prevention 96

Fraud Prevention Fraud Detection Payment APIs and Integration Verification 96

The Fintech Times

MARCH 12, 2025

As a result of the new partnership, Intergiro is integrating SEON’s anti-fraud and anti-money laundering (AML) technologies.# As fraud evolves, organisations’ cyber defences must too. This proactive stance, bolstered by our partnership with SEON, ensures we stay ahead of evolving threats and keep our ecosystem secure.”

Embedded Finance 72

Embedded Finance Finance Deepfake Payment APIs and Integration 72

Finovate

FEBRUARY 3, 2025

The company’s Napier Continuum AI-powered AML compliance platform serves over 100 financial institutions, including major players like HSBC and State Street, using AI and data science to help compliance teams make faster, more accurate decisions. . Today’s funds add to Napier AI’s existing $55.8 ” The U.K.

AI 52

AI Financial Crimes Money Laundering AML 52

Fintech News

JULY 31, 2024

Hawk, a provider of AI-driven fraud prevention and anti-money laundering (AML) technology, has secured additional Series B funding with Macquarie Capital. This new funding aims to enhance Hawk’s international growth as demand for its AI-powered anti-financial crime technology continues to rise.

AI 107

AI Financial Crimes Fraud Prevention Security 107

The Payments Association

MAY 28, 2025

With financial institutions increasingly under pressure to meet stringent anti-money laundering (AML) and counter-terrorist financing (CTF) requirements, the launch of OpusDatums WTR Knowledge Hub is timely and essential.

Compliance 88

Compliance Wire Transfer Wire Wires 88

Fintech Finance

JULY 2, 2025

Flagright’s cutting-edge transaction monitoring and AML compliance solution will enhance our ability to protect our customers’ transactions and ensure compliance with stringent regulatory standards. This collaboration ensures that HitPay continues to set the benchmark for secure and efficient payment processing.”

Compliance 52

Compliance Payment Security Security Payments 52

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. AI-powered fraud and risk platform DataVisor launched its end-to-end anti-money laundering (AML) solution this week.

AML 59

AML Compliance AI Money Laundering 59

Fintech Review

MAY 4, 2025

This guide covers the top 100 fintech tools across key categories including banking APIs, billing, KYC/AML, FX, crypto tools, and open banking. Billing, Invoicing & Revenue Management Let’s continue the Top 100 fintech tools and platforms with getting paid, that is billing and invoicing.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

Fintech News

OCTOBER 8, 2024

The framework is designed to ensure compliance with international standards, particularly in relation to anti-money laundering (AML) and countering the financing of terrorism (CFT). The consultation paper further details MAS’ approach to AML/CFT compliance, reporting obligations, and technology risk management.

Service Provider 108

Service Provider Due Diligence AML Money Laundering 108

The Fintech Times

MARCH 23, 2024

Lithuania, the EU’s largest fintech hub by the number of licences issued, enjoyed another year of steady progress despite the continuing global economic downturn. The number of fintechs operating in Lithuania surpassed 270 for the first time, continuing a steady upward trend.

Continuity 64

Continuity FinTech AML Money Laundering 64

Fintech Review

NOVEMBER 20, 2024

What’s more, financial barriers continue to impact quality of life for people globally. Finally, a rigorous Know Your Business (KYB) policy ensures all Almond Network Members are fully licensed in their jurisdictions, including full AML/CTF/Sanctions compliance. Today’s cross-border payment solutions also lack transparency.

Cross-Border Payments 115

Cross-Border Payments Cross-Border Multi-Currency FinTech 115

Fintech News

OCTOBER 6, 2024

Singapore is enhancing its anti-money laundering (AML) framework with new recommendations from the Inter-Ministerial Committee (IMC). The IMC’s recommendations aim to adapt Singapore’s AML framework to counter increasingly sophisticated criminal methods.

Money Laundering 123

Money Laundering Law Enforcement Due Diligence Financial Crimes 123

Fintech Finance

JUNE 3, 2025

As criminal networks grow more sophisticated and agile, operating with the complexity of multinational corporations, traditional rule-based anti-money laundering (AML) systems are increasingly outpaced. The announcement comes at a time when the financial crime landscape is undergoing a dramatic transformation.

Financial Crimes 52

Financial Crimes Crime Global Payments AI 52

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 52

AML Due Diligence Suspicious Activity Report (SAR) Risk Assessment 52