PYMNTS

DECEMBER 9, 2020

These exchanges have been working to implement more robust anti-money laundering (AML) and know your customer (KYC) technologies to prove they are just as safe as established FIs, said BitGo CEO Anthony Botticella , but it is a road often fraught with obstacles. regulations.”. Transaction Monitoring Behind The Scenes.

Money Laundering 66

Money Laundering Cryptocurrency AML Bitcoin 66

Seon

SEPTEMBER 23, 2024

Compliance with anti-money laundering (AML) regulations is now a legal obligation. Payment screening helps ensure transactions comply with AML laws and international sanctions, protecting financial institutions, fintechs, payment providers, and igaming companies from fines and legal issues.

Suspicious Activity Report (SAR) 52

Suspicious Activity Report (SAR) Money Laundering Due Diligence AML 52

FICO

DECEMBER 23, 2020

It has also opened new doors for criminals, who have rushed to exploit the uncertainty in a pandemic world and devised new money laundering and terrorist financing schemes by taking advantage of loopholes in the regulations, new ways of working aided by advances in technology, and electronic payment innovations.

Financial Crimes 52

Financial Crimes Ransomware Crime AI 52

PYMNTS

JANUARY 1, 2021

In response to reports the state's chief financial officer liked the idea of exploring storing 1 percent of government reserves in cryptocurrency, Suarez tweeted: "We have a great CFO that minds the public treasure but is forward thinking on blockchain and crypto technology.". AMBCrypto reported Wednesday (Dec.

Bitcoin 80

Bitcoin Cryptocurrency OFAC Treasury 80

PYMNTS

AUGUST 14, 2019

Cooperation in an environment that is rapidly advancing on many technological fronts was the theme when FinCEN Director Kenneth A. When it came to technology, Blanco was specifically interested in – and concerned about – two main areas. “In This includes offering sports betting through a mobile app.”.

Fincen 65

Fincen Financial Crimes Crime Suspicious Activity Report (SAR) 65

Nanonets

SEPTEMBER 27, 2024

This article focuses on what specific aspects of the underwriting process can be automated, the technologies driving this change, and why this shift is so crucial for modern insurance companies. Ensuring compliance with standards such as AML/KYC, GDPR, or OFAC is critical!

Underwriting 52

Underwriting Automation Risk Assessment Assessments 52

Exact Payments

SEPTEMBER 25, 2023

As you develop and license these technologies, you’ll want to make sure that they not only include cutting-edge payment features but can also help you manage a range of operational tasks — such as fraud screening, onboarding, reporting, merchant payouts, and much more.

PCI DSS 52

PCI DSS OFAC Facilitators Payment Gateways 52

PYMNTS

FEBRUARY 28, 2018

Israch said automating this process using technology like that which Tipalti just added to its AP suite, which can both reduce risk and slash the time spent manually completing these tasks by approximately 80 percent. Being a program manager means handling everything other than card issuing, authorization and transaction processing.

Automation 40

Automation Payment APIs and Integration OFAC Interoperability 40

Stax

MARCH 15, 2025

Our team can validate each merchant using AML, KYC, Credit Check, and OFAC to ensure that they’re fully vetted. Join the payments-led growth movement Sign up to keep up-to-date with the latest trends in payments, vertical SaaS, and technology from industry experts. Have no idea about what payment enrollment is?

Enrollments 88

Enrollments Payment APIs and Integration Payments Online and Mobile Banking 88