Fintech Finance

AUGUST 2, 2024

ComplyTek introduces an advanced transaction screening solution for instant payments , designed to ensure compliance and mitigate fraud within the critical 10-second processing window. Pre-Payment Security : Device fingerprinting, biometric authentication, and real-time monitoring to prevent identity fraud and account takeover.

Instant Payments 94

Instant Payments Transactions Payment APIs and Integration Compliance 94

PYMNTS

DECEMBER 9, 2020

GIACT works in identity verification, and Refinitiv plans to offer its EPIC platform alongside the company's own World-Check to give customers comprehensive services to address money laundering risks, prevent monetary loss and look out for payments fraud, the two companies said in a news release.

Fraud Prevention 80

Fraud Prevention Money Laundering Due Diligence Monetary Loss 80

FICO

AUGUST 12, 2021

Financial Institutions’ compliance officers and teams should be concerned that Open Banking may render their existing AML/CTF and KYC compliance programs inadequate. These companies interface with FIs’ systems – via any method from regulated Open Banking APIs to unmonitored screen scraping – in order to access data or transactional functions.

Financial Crimes 52

Financial Crimes Compliance Crime Risk 52

The Fintech Times

JUNE 27, 2024

For the most effective results, this background check must be integrated seamlessly into the onboarding process to ensure consumers don’t have a bad experience and in turn loss their business. Synthetic identities are used to commit a wide range of digital and financial crimes such as money laundering , payment frauds and promo abuse.

Payment APIs and Integration 90

Payment APIs and Integration Fraud Prevention Financial Crimes Money Laundering 90

PYMNTS

JUNE 5, 2020

Open banking provides opportunities such as upgraded customer convenience and customized financial solutions that can help consumers access bank account details, send payments, manage their budgets and more. The benefits are compelling but banks need to understand which entities are using the APIs they provide.

Money Laundering 69

Money Laundering Security Payment APIs and Integration FinTech 69

Stax

NOVEMBER 27, 2023

That’s the amount of non-cash payments made in the U.S. That’s a lot of money being exchanged—and also provides a huge amount of possibility for financial crime. Know Your Customer, or KYC, is the process of ensuring that companies can verify their (current or potential) customers’ identities and their financial profiles.

Due Diligence 88

Due Diligence Money Laundering AML Financial Crimes 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. This allows businesses to efficiently manage their compliance requirements, saving both time and money.

AML 64

AML Risk Payment APIs and Integration Money Laundering 64

Fintech News

OCTOBER 28, 2024

Here are the finalists for the SFF 2024 awards: Category #1 Corporates – Emerging Fintech Finalists Fluid Financial Pte Ltd Fluid is a Singapore-based B2B Buy Now Pay Later solution, helping suppliers (both traditional and marketplace platforms) to finance buyers’ purchases at the point of checkout. ThitsaWorks Pte.

AI 110

AI FinTech Innovation Payment APIs and Integration 110

The Fintech Times

APRIL 8, 2024

This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. BaaS enables non-banking institutions to connect with banks via APIs, to offer services traditionally restricted to licensed and fully-regulated banks. .

FinTech 116

FinTech BSA Regulatory Compliance Money Laundering 116

Fintech Finance

DECEMBER 13, 2023

Napier , the London-based financial crime compliance RegTech, is pleased to announce it has been selected as the anti-money laundering (AML) platform for noqodi , the leading Digital Wallet and Payments Solution based in the United Arab Emirates (UAE).

Digital Payments 52

Digital Payments Financial Crimes Security Payment APIs and Integration 52

Seon

SEPTEMBER 23, 2024

With the rise of online transactions and real-time payments, the risk of fraudulent activity has surged, putting financial institutions and businesses in a constant battle to protect their customers and themselves. Compliance with anti-money laundering (AML) regulations is now a legal obligation.

Suspicious Activity Report (SAR) 52

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

PYMNTS

NOVEMBER 2, 2020

Surecomp Integrates ThetaRay To Reduce Financial Crime. Surecomp , which works in global trade finance solutions for banks, has announced financial crime solution ThetaRay as the newest partner for its Marketplace platform, according to a press release.

B2B 59

B2B Financial Crimes Money Laundering Crime 59

Fintech News

JANUARY 28, 2024

These companies include NFTgo, a NFT data aggregator; Call Levels, a real-time financial monitoring and notifications app; Coinpip, a cryptocurrency payment provider; InvestaX, a tokenization software-as-a-service (SaaS) platform; and Wallex, a payment and cash management solution for businesses.

FinTech 119

FinTech Cross-Border Payment APIs and Integration Cross-Border Payments 119

Nanonets

NOVEMBER 15, 2023

Payment processors are financial institutions that help merchants accept credit, debit and other forms of electronic payments. In addition, some payment processors offer merchant services such as fraud prevention, customer management tools and reporting. What is a Payment Processor? per transaction.

Processors 52

Processors Office of the Comptroller of the Currency Payment APIs and Integration Debit Card 52

PYMNTS

APRIL 18, 2017

Despite a compliance market packed with providers and the investment from companies to ensure they stay on the right side of regulations, instances of money laundering and fraud are still prevalent and not going anywhere any time soon. The system isn’t working,” he told PYMNTS.

Compliance 44

Compliance Money Laundering Payment APIs and Integration Risk 44

PYMNTS

JANUARY 22, 2018

The Treasury department’s financial crime unit is gearing up to battle money laundering across crypto platforms, gauging whether they have safeguards in place to prevent such activity, as was reported last week. The suits come after a flurry of regulatory announcements spanning the globe.

Legal 49

Legal CFPB Payment APIs and Integration Money Laundering 49

Seon

MAY 31, 2024

While some market solutions integrate machine learning (ML), artificial intelligence (AI), and automation to streamline review processes and minimize reliance on manual intervention, many businesses operate with fragmented workflows, where separate departments are isolated, leading to gaps and weaknesses.

Fraud Prevention 52

Fraud Prevention Fraud Detection Compliance Money Laundering 52

PYMNTS

JUNE 4, 2020

Open banking can unlock seamless payment experiences for legitimate customers, but also for money launderers as well.

Posting 52

Posting PayPal Payment APIs and Integration Money Laundering 52

Fintech News

FEBRUARY 9, 2025

Every year, trillions of dollars are laundered globally, with illicit transactions accounting for 2-5% of the worlds GDP, according to the United Nations Office on Drugs and Crime. The consequences of this failure to combat money laundering extend far beyond financial losses. Led by Co-Founder and CTO, Madhu G.

AML 124

AML Compliance AI Payment APIs and Integration 124

Fintech News

FEBRUARY 9, 2025

Every year, trillions of dollars are laundered globally, with illicit transactions accounting for 2-5% of the worlds GDP, according to the United Nations Office on Drugs and Crime. The consequences of this failure to combat money laundering extend far beyond financial losses. Led by Co-Founder and CTO, Madhu G.

AML 105

AML Compliance AI Payment APIs and Integration 105

The Payments Association

APRIL 14, 2025

Payments regulation roadmap: Q2 2025 14 April 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is the roadmap about? It provides a structured view of the regulatory developments set to shape the payments sector from Q2 2025 onwardsacross the UK, EU, and international markets. Why is it important?

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88