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Branta and Amboss Partner for Safer Bitcoin Transactions

Fintech Review

Wilmington, North Carolina, April 10th, 2025, FinanceWire Brantas payment verification and Amboss compliance tools give businesses a robust solution to mitigate risks from sophisticated attackers, setting a new standard for business operational security in the Bitcoin and Lightning Network ecosystems.

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Reconceptualizing Financial Infrastructure for Sanctioned Markets

Finextra

This exclusion is often justified through compliance with international sanctions regimes, notably those issued by OFAC or FATF, but the by-product is the creation of significant grey zones where entire populations lack lawful access to even the most basic financial tools. The consequences are profound.

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GIACT Systems Launches New Enhancement To Compliance Solution

PYMNTS

Identity verification solutions provider GIACT Systems has announced the launch of gOFAC Monitoring, a new Office of Foreign Assets Control (OFAC) compliance solution to eliminate false positives and boost compliance processing. The solution is offered through GIACT’s EPIC Platform.

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ID-Pal Forges Strategic Partnership with CLOWD9

Finovate

Identity verification specialist ID-Pal announced a global strategic partnership with CLOWD9. The partnership will integrate ID-Pal’s AI-powered identity verification technology into CLOWD9’s payment solutions portfolio. ID-Pal made its Finovate debut at FinovateFall 2024 in New York.

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FinovateFall Sneak Peek Series: Part 6

Finovate

ID-Pal ID-Pal uses 100% AI-powered technology for real-time identity verification and OFAC screening, ensuring seamless customer onboarding, compliance, and zero access to customer data. QuickFi QuickFi is the first and only embedded finance platform in the market for secured commercial equipment lending.

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Socure and Proof Partner to Fight Fraud in Authorizations, Contracts, and Forms

Finovate

Digital identity verification innovator Socure announced a partnership with identity-secured transactions company Proof. A new partnership between digital identity verification innovator Socure and identity-secured transactions company Proof will bring new tools to the fight against fraud and forgery in authorizations, contracts, and forms.

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e.l.f. Compliance Settlement Highlights Third-Party Supply Chain Risks

PYMNTS

’s importation of those goods via China was found to be in violation of the Treasury’s Office of Foreign Assets Control (OFAC) North Korea Sanctions Regulations. Rather, those suppliers had themselves been sourcing from North Korea, and e.l.f.’s Importantly, e.l.f. notified regulators when it discovered the violations.