Fintech News

DECEMBER 22, 2024

She has extensive experience in highly regulated environments and has worked on AML and compliance technology initiatives. Her leadership is expected to enhance Thredds ability to scale and adapt its platform to meet market demands. In Singapore, Hazel Oh takes on the role of Vice President of Account Management for the APAC region.

APACS 104

APACS Issuers Commercial Card AML 104

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. At SENDS, we integrate AI-powered compliance tools to streamline KYC and AML, improving efficiency, accuracy, and speed. AML compliance requires risk assessment, transaction monitoring, and reporting suspicious activity.

Regulatory Compliance 136

Regulatory Compliance AML PCI DSS Compliance 136

The Fintech Times

JUNE 11, 2025

Digital fraud prevention company SEON is launching its expanded Anti-Money Laundering (AML) Compliance suite, introducing a range of AI-powered capabilities to provide enhanced support to fraud and compliance teams. We see the significant value of having one system that can help teams operate more efficiently and effectively.”

AML 45

AML Compliance AI SARS 45

The Payments Association

MARCH 19, 2025

Security & compliance risks: Meeting growing AML, fraud prevention, and regulatory demands is difficult with rigid, outdated infrastructure. Improve resilience and security by embedding real-time monitoring, automated KYC/AML compliance, and fraud prevention directly into payment workflows.

Payment APIs and Integration 88

Payment APIs and Integration Innovation Cross-Border ISO 20022 88

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. Emerging AML and KYC trends for 2024 As we move through 2024, several key trends are emerging to shape the future of AML and KYC.

AML 98

AML Verification Research Consumer 98

The Payments Association

APRIL 7, 2025

These insights are crucial for payment firms aiming to develop proactive strategies to stay ahead in this dynamic and demanding environment. Meanwhile, businesses are subject to an increasingly strict AML regulatory focus and a turbulent sanctions landscape. Why is it important?

Financial Crimes 88

Financial Crimes Crime AML Fraud Prevention 88

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 The pricing model was another deciding factor.

Risk Management 59

Risk Management Compliance Risk AML 59

Fintech News

MARCH 24, 2025

This comes as manual and in-house verification struggle to meet the crypto industry’s fast-paced demands. According to a new report by Sumsub, crypto fraud rates declined by a remarkable 23% between 2023 and 2024, positioning APAC as a leader in combating crypto fraud. in 2023 to 2% in 2024. in verification times.

APACS 87

APACS Verification Money Laundering Fraud Detection 87

The Payments Association

APRIL 23, 2025

Is AML a real-time problem? It takes AML teams weeks (if not months) of diligent analysis to escalate these activities to law enforcement. It takes AML teams weeks (if not months) of diligent analysis to escalate these activities to law enforcement. The answer seems to be no at first glance.

AML 88

AML Suspicious Activity Report (SAR) Addressing Fraud Prevention 88

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

NOVEMBER 25, 2024

However, a pressing issue demands our collective attention: the de-risking practices that are inadvertently crippling legitimate money service businesses (MSBs) and empowering black-market alternatives. This shift increases financial crime risk and erodes the efficacy of the UK’s AML and counter-terrorist financing (CTF) frameworks.

Risk 88

Risk Financial Crimes AML Financial Inclusion 88

Fintech Finance

FEBRUARY 17, 2025

As the fintech industry continues to grow and evolve, so do the demands for regulatory compliance. The new tool reduces ‘false positives’ by an average of 50%, while enhancing customer on-boarding experience. “Compliance is the foundation of trust in global payments.

Compliance 59

Compliance Payment Solutions Global Payments Risk 59

The Fintech Times

MARCH 10, 2025

FinScan , an anti-money laundering (AML) compliance solution provider, has enhanced its payment screening solution in a move to support faster, frictionless payment operations across the globe. FinScan Payments is well equipped to support faster payments while effectively controlling risk across domestic and cross-border ecosystems.”

Money Laundering 59

Money Laundering FinTech AML Payment Message 59

PYMNTS

JUNE 11, 2020

Social distancing restrictions implemented to curb the virus’s spread are preventing compliance professionals from obtaining physical identification documents and holding in-person meetings that typically enforced anti-money laundering/know your customer (AML/KYC) compliance. Compliance Enforcement Goes Remote With Biometrics.

AML 74

AML Legal Compliance Verification 74

The Payments Association

MARCH 19, 2025

Despite these advancements, many firms still rely on outdated payment systems and technologies that cant meet the market’s growing demands. As digital assets continue to gain traction, payment networks must evolve to accommodate rising transaction volumes, evolving regulatory frameworks, and the growing demand for real-time settlement.

Cross-Border 88

Cross-Border Reconciliation Compliance Payments 88

The Fintech Times

JANUARY 21, 2025

As much as three-quarters (72 per cent) of regulated companies feel overwhelmed by current anti-financial crime compliance demands; according to the latest study by digital compliance and anti-money laundering (AML) solution provider SmartSearch.

Regulations 72

Regulations Financial Crimes Money Laundering Crime 72

FICO

FEBRUARY 13, 2017

One of the places where AI can make a huge difference today is in anti-money laundering (AML). FICO has incorporated AI technology in our FICO® TONBELLER® AML solutions ; FICO’s Chief Analytics Officer, Dr. Scott Zoldi , recently articulated a number of AI’s important benefits to customers attending the FICO TONBELLER User Group.

Money Laundering 74

Money Laundering AML AI Suspicious Activity Report (SAR) 74

Fintech News

DECEMBER 22, 2024

New crypto regulations came into effect, introducing requirements relating to anti-money laundering (AML) and countering the financing of terrorism (CFT) and financial stability, and reflecting Singapores commitment to fostering innovation in the crypto and tokenization space.

FinTech 112

FinTech Cross-Border Payments Cross-Border Money Laundering 112

The Payments Association

JUNE 3, 2025

Most central banks have defaulted to account-based models, influenced by legacy regulatory frameworks and assumptions about anti-money laundering (AML) and know-your-customer (KYC) requirements. By leaning heavily on custodial models and surveillance-driven frameworks, many central banks are limiting the utility and inclusiveness of CBDCs.

CBDC 88

CBDC Cross-Border Central Bank Cross-Border Payments 88

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

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 104

AI Financial Crimes Fraud Prevention AML 104

Fintech News

JULY 2, 2025

Remittance companies have leveraged these technologies to enhance anti-money laundering (AML) controls, identifying high-risk users at the earliest stages and reducing both fraud rates and compliance costs. Toward a Smarter, Safer Future The evolution of fraud tactics demands a corresponding evolution in defense.

Fraud Prevention 75

Fraud Prevention Technology Checks Money Laundering 75

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

AI 52

AI Financial Crimes Money Laundering AML 52

The Fintech Times

JANUARY 9, 2025

By leveraging FV Banks real-time processing capabilities, clients can initiate PYUSD payments directly from their USD accounts, where FV Bank automatically debits USD, mints PYUSD on-demand, and delivers it near-instantly to the beneficiary.

Stablecoins 59

Stablecoins PayPal Direct Deposit Cross-Border 59

PYMNTS

FEBRUARY 13, 2019

” Indeed, researchers have found evidence that companies are struggling to manage the growing weight of KYC, anti-money laundering (AML) and other financial regulatory compliance demands. ” However, the tactic exposes companies like Uber and Airbnb to massive KYC and AML non-compliance risks as well. ”

Money Laundering 64

Money Laundering AML Economy SWIFT 64

Fi911

MAY 22, 2025

This is especially important as consumers demand more clarity and accountability from financial service providers. Improved Fraud Prevention & Compliance PSD3 will tighten controls on remote onboarding, with stricter anti-money laundering (AML) protocols to combat rising cyber threats.

Payment APIs and Integration 66

Payment APIs and Integration Fraud Prevention Consumer Protection API 66

PYMNTS

JULY 10, 2020

Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen , chief operating officer at identity verification firm Trulioo told Karen Webster in a recent interview. Webster noted that KYC and AML procedures aren’t governed by global standards.

AML 108

AML Procedures Money Laundering Privacy 108

The Fintech Times

MAY 3, 2025

The new offering arrives as the demand for cross-border payments increases and is set to help the market reach its estimated forecast of $320trillion by 2032. ” With strict adherence to regulatory standards, Cross Rivers International Payments platform integrates advanced anti-money laundering (AML) tools and compliance solutions.

International Payments 69

International Payments Cross-Border Cross-Border Payments Same Day ACH 69

Fintech News

JULY 10, 2025

This new chapter demands real infrastructure: compliance teams, AML protocols, KYC checks, capital buffers, and transparen t reporting. The response from regulators has become more coordinated and aggressive, and not a moment too soon. From the U.S. What’s driving this hard stance? The wild west chapter is ending, and for the better.

Regulations 70

Regulations Due Diligence SWIFT Money Laundering 70

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. KYC, AML & Identity Verification Platforms Next in the top 100 fintech tools and platforms is compliance. Best for : SaaS platforms evolving toward complex usage and tiered pricing.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

The Paypers

JUNE 12, 2025

Following this announcement, the company’s expanded offering will integrate fraud prevention and AML compliance, aiming to provide teams with access to a single platform to screen and monitor customers in real-time, manage alerts, investigations, and regulatory reporting.

Money Laundering 41

Money Laundering AI AML Financial Crimes 41

Finextra

JULY 3, 2025

Make sure your wallet follows KYC and AML rules. What is a digital wallet? A digital wallet, on the other hand, doesn’t hold money. It simply facilitates transactions by linking to your customers existing financial instruments, like bank accounts or credit/debit cards. You’re managing experiences. It’s fast, focused, and flexible.

eWallet 52

eWallet Payment APIs and Integration PCI DSS Online and Mobile Banking 52

Fintech Review

NOVEMBER 20, 2024

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. Almond standardises cross-border communication and leverages AI to streamline international transfers efficiently. Let’s dive in.

Cross-Border Payments 115

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

PYMNTS

JANUARY 27, 2020

Payment service providers (PSPs) must carefully attend to their know your customer (KYC) and know your customer’s customer (KYCC) checks, anti-money laundering (AML) strategies and other fraud prevention approaches. All KYC and AML measures must nevertheless meet PSPs’ home countries’ legal standards.

AML 62

AML Service Provider Real Time Payments Money Laundering 62

Fintech Finance

OCTOBER 23, 2024

Compliance with sanction screening, anti-money laundering (AML) and fraud detection requirements, including Verification of Payee check, was identified as the top concern. It’s clear that this will be a demanding period with pressure mounting to meet deadlines and avoid potential fines.”

Instant Payments 105

Instant Payments ISO 20022 Regulations Fraud Detection 105

The Payments Association

APRIL 23, 2025

New paradigms define which solutions make the largest impact in protecting global financial systems: AI-enabled technology must not only demonstrate accuracy but also must meet explainability and regulatory demands to resonate with customers. annually* using our advanced AI-enabled fraud, money mule, and AML solutions.

Financial Crimes 88

Financial Crimes Crime AML PCI DSS 88