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Latest Results from /crime

/crime

Identity platform IDnow gets €15m boost from EIB

The European Investment Bank (EIB) will provide €15 million of growth funding to the German identity verification platform IDnow.

/crime

Salv raises €1.5M to expand AML Bridge pilot to several European countries

Salv recently introduced its pilot program AML Bridge in Estonia.

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ID verification and screening firm SmartSearch opens first US office

Leading ID check and Know Your Customer (KYC) SaaS software firm SmartSearch has opened its first office in the U.S., to deliver its award-winning digital solutions.

/crime

Kompany joins TruNarrative app store

RegTech platform TruNarrative is partnering with kompany to add the Austrian RegTech’s comprehensive business verification and digital onboarding solutions to the TruNarrative App Store.

/crime

Icap veteran Robert Jessurun joins Encompass as head of banking sales

Encompass Corporation, the fast-growing provider of intelligently automated Know Your Customer (KYC) solutions, announces the appointment of Robert Jessurun, an experienced client relationship manager, as Head of Banking Sales.

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AxiomSL extends geographical reach of Sensitive Industries module to 80 countries

AxiomSL, the industry’s leading provider of regulatory reporting and risk management solutions, in a significant expansion of its Global Shareholding Disclosures Solution, today announces the launch of its Sensitive Industries module covering over 600 rules across more than 80 countries.

/crime

EBA issues guidance to regulators on enforcement of AML rules

The European Banking Authority (EBA) published today an Opinion setting out how prudential supervisors should consider money laundering and terrorist financing (ML/TF) risks in the context of the Supervisory Review and Evaluation Process (SREP).

/crime

Refinitiv to add fraud prevention capability with acquisition of GIACT

Refinitiv has signed a definitive agreement to acquire Giact Systems, LLC (“GIACT”) boosting Refinitiv’s existing risk and compliance capabilities with the addition of an industry leader in digital identity, payments verification and fraud prevention.

/crime

Lithuanian Government gives green light to the Centre of Excellence in Anti-Money Laundering

Yesterday, a unique public-private cooperation project initiated by the Bank of Lithuania was given a green light, when the Lithuanian government approved the establishment of the Centre of Excellence in Anti-Money Laundering.

/crime

Oracle brings big bank anti-money laundering protections to smaller institutions

Oracle today announced new cloud services to help mid-sized banks combat money laundering and outsmart financial crime. Oracle Financial Crime and Compliance Management Cloud Service brings two decades of experience in fighting big bank financial crime to an easy-to-manage, cost-effective application suite designed for mid-sized banks.

/crime

Afterpay cleared in Austrac AML compliance audit

AUSTRAC ordered the appointment of an external auditor to Afterpay Australia Pty Ltd (Afterpay) to examine its compliance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (the AML/CTF Act).

/crime

FIMBank incorporates AML monitoring tech from Fiserv

FIMBank, a private Malta-based bank, has enhanced its financial crime risk management (FCRM) capabilities with a platform from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions.