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Due Diligence Related Topics 
The Fintech Times
MARCH 4, 2024
They underestimate the investment they need to make in customer due diligence: Know-Your-Customer ( KYC ), monitoring transactions for foul play, and meeting regulations. They overlook the harder aspects of due diligence that aren’t easily automated. But they still make some age-old mistakes.
127 
Finextra
FEBRUARY 20, 2024
Danish startup spektr has raised EUR5 million in seed funding for its platform to help financial sector firms with their due diligence processes.
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Finextra
JANUARY 13, 2025
SC Ventures, the fintech invesment and incubation arm of Standard Chartered, has collaborated with the startup studio of French multinational utility Engie Group, to launch Qatalyst, a due diligence platform for carbon finance markets.
VISTA InfoSec
JUNE 26, 2024
As an investor, due diligence in cybersecurity involves examining several areas. Such due diligence is of interest to you as an investor because cybersecurity affects the following: Regulatory Compliance Businesses with strong compliance records are safer investments, capable of mitigating risks and sustaining growth.
260 
The Payments Association
FEBRUARY 10, 2025
While vIBANs offer innovation in payment systems, they introduce risks like money laundering due to insufficient oversight. Payment Service Providers must strengthen due diligence, monitoring, and collaboration with regulators to address these risks. This leads to inadequate due diligence. What’s next?
88 
Fintech News
FEBRUARY 4, 2025
Cengiz Kiamil, Managing Director at Fenergo, commented: Cengiz Kiamil “Banks are now required to double down on client due diligence to better understand client risk as part of the countrys clampdown on AML.
114 
Finextra
AUGUST 9, 2024
Cytora, the leading digital risk processing platform, has partnered with AI-powered due diligence company Xapien.
The Payments Association
FEBRUARY 10, 2025
The Home Office outlines six key principles: tone from the top, due diligence, risk assessment, proportionate procedures, monitoring/review, and communication/training. Due diligence : Ensuring employees and third parties adhere to anti-fraud policies. Monitoring and review: Regularly updating fraud prevention measures.
88 
Finextra
MARCH 7, 2025
But according to Umazi, a next-generation compliance and digital identity platform leveraging AI and Web3 to automate due diligence and risk assessments, while here in the UK business and government face a number of challenges to its roll-out, the rewards could not be greater.
Finextra
FEBRUARY 13, 2024
Grasshopper, the client-first digital bank built for the business and innovation economy, and Greenlite, the leading generative AI platform for compliance teams, today announced their partnership to leverage Greenlite’s AI-enhanced due diligence suite to bolster Grasshopper’s risk decisioning proficiency for small and medium-sized business (SMB) and (..)
Finextra
MAY 13, 2025
Ocorian, specialist global provider of fund administration, capital markets, corporate, fiduciary and regulatory services, has partnered with Fenergo to further digitise and simplify client due diligence and regulatory compliance processes across its global operations.
52 
Finextra
AUGUST 20, 2024
Norwegian software vendor Commercial Banking Applications AS (CBA), today confirmed that ABN AMRO Bank has gone live using the comprehensive Transaction Due Diligence (TDD) functionality now available within CBA’s IBAS GBF - Global Banking Factory.
Bank Automation
APRIL 10, 2025
The New York Department of Financial Services issued the fine after an investigation found Block had failed to conduct adequate due diligence on its […] The post Jack Dorseys Block to pay New York $40M in Cash App settlement appeared first on Bank Automation News.
52 
Bank Automation
OCTOBER 31, 2024
Regulators may issue public orders after examining the firm’s compliance programs “including transaction monitoring, training, governance and customer due diligence,” […] The post BofA says U.S. Bank of America Corp. may take action over money laundering, Zelle appeared first on Bank Automation News.
Fintech News
AUGUST 1, 2024
This service aims to streamline business due diligence and compliance for financial institutions and SMEs, addressing counter-party risk, credit exposure, and compliance with anti-money laundering (AML) regulations. JewelPaymentech, acquired by ADVANCE.AI The post ADVANCE.AI
113 
The Fintech Times
MARCH 28, 2025
It also enables businesses to streamline risk management and ensures they meet stringent customer due diligence requirements under anti-money laundering ( AML ) regulations. ” Applicable at any business level As a global solution, it is tailored to meet the unique needs and maturity-levels of different markets.
The Payments Association
JANUARY 13, 2025
Operational adjustments To address the implications of the Bill and the regulators crypto-regulatory roadmap, PSPs will need to make significant operational adjustments, including enhanced due diligencethe proposals for admissions and disclosures (A&D) and market abuse regimes (MARC).
88 
Fintech News
MARCH 19, 2025
However, GoTo reiterated on Wednesday that no agreement had been reached, following a recent report that Grab had begun due diligence for a potential takeover. Singapore-based Grab, backed by Uber, and Indonesias GoTo have reportedly held multiple discussions over a possible tie-up.
65 
Clearly Payments
APRIL 8, 2025
Clearly Payments acts as a long-term advisor, helping with: RFPs and vendor selection for new platforms or partners M&A payments due diligence New product launches and billing models (subscriptions, usage-based, etc.)
89 
Fintech News
MARCH 24, 2025
In Singapore, the central bank strengthened in 2024 the Payment Services Act (PSA), introducing more stringent requirements for crypto service providers relating to AML/CFT, user protection and financial stability on service providers.
85 
M2P Fintech
APRIL 11, 2025
Due diligence was inadequate, and end-use monitoring, especially for high-value or income-generating loans, was inconsistent or missing. KYC and Purity Checks Mandatory KYC compliance and enhanced due diligence for high-value loans. Loan sanction letters should include the weight, purity, and valuation of gold accepted.
FloQast
MAY 2, 2024
Listeners gain valuable lessons in ethics, due diligence, and professional skepticism, making it a compelling exploration for finance professionals. More than a narrative of past misdeeds, “The Fraud Files” offers insights into the mechanics of fraud and its consequences.
105 
Fintech News
FEBRUARY 5, 2025
Our goal is to help businesses achieve compliance with AML and Know-Your-Customer (KYC) standards while optimising customer due diligence procedures. said Penny Chai, Vice President of Business Development, APAC at Sumsub. Sumsubs increasing focus on Australia is part of its broader expansion across the Asia-Pacific region.
65 
The Fintech Times
NOVEMBER 6, 2024
Buna’s compliance program integrates rigorous anti-money laundering (AML), counter-terrorism financing (CTF), and sanctions screening protocols both before and after settlement, offering real-time monitoring and thorough due diligence to safeguard financial transactions.
Finezza
APRIL 9, 2024
It involves due diligence regarding customer background by the lenders, regulatory compliance, and financial processes for the lender. The lending life cycle consists of all activities that begin at the loan application stage and culminate with the final repayment.
Fintech News
OCTOBER 8, 2024
These include maintaining a minimum capital of S$ 250,000 and adhering to stringent AML/CFT obligations, such as conducting customer due diligence, monitoring transactions, and reporting suspicious activities. MAS’ proposed regulatory amendments Once licensed, DTSPs will be subject to ongoing compliance requirements.
103 
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. How Neopay can help At Neopay, we welcome these efforts to tackle financial crime at its source.
PYMNTS
SEPTEMBER 22, 2020
“A bank providing services in support of a stablecoin project must comply with all applicable laws and regulations and must ensure that it has instituted appropriate controls and conducted sufficient due diligence commensurate with the risks associated with maintaining a relationship with a stablecoin issuer,” Gould wrote. .
Stax
NOVEMBER 27, 2023
KYC’s three main components are the customer identification program (CIP), which was imposed by the USA Patriot Act in 2011; customer due diligence (CDD); and regular monitoring of the customer’s account and activities, which is also called enhanced due diligence (EDD). In the U.S., Contact us for a free demo today.
The Fintech Times
FEBRUARY 6, 2025
With Agentic AI Company Research, our customers particularly in the private credit space gain a clearer picture of each companys credit health, enabling them to move faster and make data-driven decisions with confidence in a sector often challenged by poor disclosures, lack of traditional credit ratings, and the need for intensive due diligence.
59 
Payments Dive
APRIL 25, 2022
The Office of the Comptroller of the Currency said the bank — the first crypto firm to receive a national trust bank charter in January 2021 — must overhaul its anti-money laundering program after failing to implement internal controls for customer due diligence and procedures for monitoring suspicious activity.
Fintech News
DECEMBER 6, 2023
According to Airwallex, the introduction of this generative AI technology has led to a 50 percent decrease in false-positive alerts during the KYC due diligence phase. The new tool, which utilises large language models (LLMs), aims to expedite the company’s “Know Your Customer” (KYC) assessments.
116 
Bank Automation
JANUARY 25, 2024
Venture funding fell in 2023 as investors took uncertain macroeconomic conditions into account and doubled down on due diligence. Global venture funding in 2023 stood at $248.4 billion, down 42% year over year, its lowest point since 2017, according to a Jan. 4 State of Venture 2023 report by business analytics provider CB Insights.
Fintech News
APRIL 16, 2024
As well as the option to benefit from diligence services supported by iCapital, the platform provides a variety of investment opportunities under a unified agreement, facilitating the creation of diversified investment portfolios that align with client objectives.
120 
Fintech Review
APRIL 19, 2025
This includes due diligence, auditing, and shared responsibilities with financial institutions. Key regulatory areas include customer onboarding, data protection, anti-money laundering (AML), and transaction monitoring. Even if financial services are offered via partners, platforms must understand their compliance obligations.
94 
The Fintech Times
MARCH 27, 2025
Understanding Hyperswitch Engineered as the ‘Linux for Payments,’ Hyperswitchs open-source nature ensures full visibility, faster integrations, and seamless due diligence.
Fintech News
NOVEMBER 20, 2024
Regulators only require ‘due diligence,’ but the definition of what constitutes adequate due diligence can vary.” In B2C, there are well-established industry standards, but in the B2B space, there are no universal standards,” Deng said.
Fintech News
JUNE 19, 2024
We are pleased to partner with Sumsub, following a rigorous due diligence process. Achim Thienel “Market requirements and compliance expectations across the financial sector are continually changing. In light of this, banks cannot meet these on their own – they need help from specialists.
106 
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. For enquiries, please contact us at 0207 436 0630 or via email at info@thistleinitiatives.co.uk.
Neopay
APRIL 10, 2025
We assist companies: Conduct thorough testing of their AML and transaction monitoring controls Identify and remediate gaps in business relationship monitoring and ongoing due diligence Review governance arrangements and establish robust control structures that are tailored to your risk profile Prepare for inspection and minimise enforcement risk through (..)
52 
Fintech Finance
OCTOBER 24, 2024
Previously, he served as Senior Vice President and Corporate Controller at Netspend, where he played a pivotal role in the company’s initial public offering (IPO), overseeing SEC financial reporting and collaborating with underwriters on due diligence.
The Fintech Times
MARCH 17, 2025
While IT teams are normally tasked with protecting organisations, sales, marketing, and communications employees must also ensure they are doing their own due diligence in their roles to ensure fraudsters can’t slip through the gaps. Finding the right people and technology Everyone has a part to play in preventing fraud.
59 
Fintech News
DECEMBER 13, 2023
The in-depth due diligence 01Fintech has done has shown their deep domain expertise and willingness to identify areas of growth to bring the company to the next level,” said Nikhilesh Goel, Co-founder and Group CEO, Validus. We will be able to tap into their expertise and vast network in the region.
106 
The Fintech Times
MAY 30, 2024
Julie Cunningham is the founder of Portend , a compliance-as-a-service platform providing due diligence on investments into startups. We are working vehemently to fine-tune our technology to provide a seamless real-time due diligence tool which is effective, efficient and does not miss any detail.
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