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Find here all the latest articles, news, and research on AML and other AML-related topics:

Find here all the latest articles, news, and research on AML and other AML-related topics:

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Nodabank enhances security with Flagright collaboration

News | Digital Identity, Security & Online Fraud | 15 Apr 2024

Flagright has announced a partnership with Nodabank, aimed at enhancing digital banking security.

digital banking, AML, online security, fraud prevention, partnership

Oracle launches a service to combat money laundering

News | Digital Identity, Security & Online Fraud | 12 Apr 2024

Oracle's Financial Services division has launched the Financial Services Compliance Agent, a cloud-based service powered by artificial intelligence (AI).

product launch, fraud prevention, AML, cloud services

AML/sanctions compliance: A vital lifeline for Banking-as-a-Service partnerships' survival

Interviews | Digital Identity, Security & Online Fraud | 11 Apr 2024

Sarah Beth Felix, CEO at Palmera Consulting:  Fintechs must prioritise AML/sanctions compliance, while banks need to assess exploitation risks in their fintech partners' offerings for effective risk management in BaaS partnerships.


AML, regulation, compliance, fintech, financial institutions, banks, risk management

Oscilar launches AI-powered AML risk platform

News | Digital Identity, Security & Online Fraud | 09 Apr 2024

Oscilar, a player in AI-Powered financial risk management, has unveiled its AI-Powered AML Risk Platform at the ACAMS Summit in Florida.

AML, compliance, regulation, BaaS

Navigating KYB challenges in modern banking and merchant onboarding

Voice of the Industry | Digital Identity, Security & Online Fraud | 08 Apr 2024

As businesses undergo digital transformation, the need for robust KYB processes has never been more stringent. Understanding and verifying the identity of businesses is not just a regulatory requirement but a strategic imperative.

KYB, KYC, digital onboarding, fraud prevention, AML, merchants, UBOs, data privacy

Piermont and Sutton banks face FDIC consent orders

News | Digital Identity, Security & Online Fraud | 04 Apr 2024

In February 2024, Piermont Bank and Sutton Bank each became subject to consent orders issued by the Federal Deposit Insurance Corp.

BaaS, fintech, consent, regulation, AML

MAS launches its COSMIC platform

News | Digital Identity, Security & Online Fraud | 01 Apr 2024

The Monetary Authority of Singapore has launched its COSMIC platform to combat money laundering, terrorism financing, and proliferation financing around the world.

product launch, partnership, fraud management, fraud detection, fraud prevention, identity fraud, financial crime, AML

The FinCEN issues an RFI related to banks under the CIP Rule

News | Digital Identity, Security & Online Fraud | 29 Mar 2024

FinCEN has announced its decision to issue an RFI related to the requirements for banks under the CIP Rule to collect a TIN from a client before opening an account. 

regulation, fraud management, fraud detection, online fraud, fraud prevention, AML, financial crime, cybercrime

SCOPE FinTech Solutions and iDenfy augment fintech security

News | Digital Identity, Security & Online Fraud | 28 Mar 2024

iDenfy has partnered with SCOPE FinTech Solutions to augment fintech security in response to the expanding European market and rising threat of financial fraud.

identity verification, fraud prevention, digital onboarding, KYC, AML

DataVisor launches AI-enabled solution AML solution

News | Digital Identity, Security & Online Fraud | 27 Mar 2024

US-based fraud and risk management company DataVisor has announced the launch of its end-to-end Anti-Money Laundering (AML) solution for covering the entire workflow. 

product launch, money laundering, AML, fraud prevention, fraud management

Insights into European payment regulations for 2024 (and beyond)

Voice of the Industry | Payments General | 27 Mar 2024

The article offers insights into the regulatory changes slated for 2024, providing a roadmap that will influence the evolution of payments

instant payments, cross-border payments, AML, fraud prevention, regulation, PSD3, FIDA, MiCA, Open Finance, SCA, data privacy, compliance

The Swiss FINMA fines Bank Audi

News | Digital Identity, Security & Online Fraud | 26 Mar 2024

The Swiss Financial Market Supervisory Authority (FINMA) has announced that it fined private financial institution
Bank Audi for violating money laundering regulations. 

regulation, compliance, AML, money laundering, fraud prevention

Philippines to prohibit access to the Binance exchange

News | Cryptocurrencies | 26 Mar 2024

Philippines has planned to block the Binance exchange by June 2024, giving time for investors to close their positions held via the exchange.

cryptocurrency exchange, regulation, AML, compliance, trading platform

SmartSearch reports on global financial crime and AML failure trends

News | Digital Identity, Security & Online Fraud | 18 Mar 2024

UK-based AML specialist SmartSearch has analysed global AML events and published a new report which showcases drug trafficking as one of the most prevalent issues.

report, AML, financial crime, cryptocurrency, fraud prevention

Ibanly taps Sumsub's verification platform

News | Digital Identity, Security & Online Fraud | 15 Mar 2024

Canada-based fintech specialising in cross-border payments Ibanly has chosen Sumsub for identity verification, AML screening, KYC, and KYB checks.

cross-border payments, identity verification, AML, KYC, KYB

PAPSS to leverage ThetaRay's AML solution

News | Digital Identity, Security & Online Fraud | 12 Mar 2024

Israel-based AI-enabled AML provider ThetaRay has announced that the Pan-Africa Payment and Settlement System (PAPSS) selected it as its AML and screening partner.

partnership, AML, compliance, cross-border payments, financial services, financial institutions

SmartSearch partners with LSEG Risk Intelligence

News | Digital Identity, Security & Online Fraud | 12 Mar 2024

UK-based Anti-Money Laundering (AML) company SmartSearch has partnered with LSEG Risk Intelligence to further improve its AML and digital compliance solutions. 

partnership, AML, money laundering, compliance, KYC, CDD

Wolters Kluwer introduces AML module for its CCH iFirm

News | Digital Identity, Security & Online Fraud | 11 Mar 2024

Netherlands-based risk management company Wolters Kluwer has announced the launch of an Anti-Money Laundering (AML) module within CCH iFirm in the UK. 

product launch, AML, money laundering, KYC, cloud services

Unit21 announces new AI-Powered features

News | Digital Identity, Security & Online Fraud | 08 Mar 2024

Unit21, a fraud and anti-money laundering solutions provider, has announced its new AI-powered features at Fintech Meetup.  

artificial intelligence, product upgrade, fraud detection, fraud prevention, AML

Eurojust aids cross-border crackdown on EUR 2 bln fraud scheme

News | Digital Identity, Security & Online Fraud | 06 Mar 2024

Eurojust has aided a multinational investigation on EUR 2 billion money laundering scheme, implicating 3 main suspects across Italy, Latvia, and Lithuania.

AML, fraud detection, fraud prevention, payment fraud, fraud rings