Anti-money laundering (AML) stories - Page 6
Oracle launches AI-powered platform to combat money laundering
Tue, 9th Apr 2024
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risk & compliance
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ai
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money laundering
Oracle unveils AI-powered Finance Services Compliance Agent to help banks combat a predicted $5.05tn in money laundering in 2024, through enhanced transaction monitoring and risk-control efficiency.
Global AML system spend to hit USD $51.7bn by 2028, driven by AI use
Tue, 5th Mar 2024
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ai
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legal
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aml
Global spending on Anti-Money Laundering (AML) systems is projected to reach USD $51.7 billion by 2028, an 80% increase driven by AI's role in enhancing risk assessment, according to Juniper Research.
iDenfy & CO2IN partner to boost carbon credit transactions security
Wed, 31st Jan 2024
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fintech
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risk & compliance
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clean technologies
Lithuanian RegTech firm, iDenfy, teams up with Czech fintech, CO2IN, to bolster the verification process, making carbon credit transactions safer and directly aiding the fight against climate change.
SEON appoints ex-Uber executive Björn Heckel as new CTO
Wed, 24th Jan 2024
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data analytics
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martech
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cdp
Fraud prevention platform, SEON, recruits Björn Heckel, seasoned tech executive from Uber and Salesforce, as CTO to reinforce its commitment to fighting fraud and boosting enterprise solutions.
SAS lauded as leader in AML transaction monitoring by Chartis Research
Wed, 24th Jan 2024
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data analytics
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martech
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rpa
In its inaugural AML transaction monitoring solutions evaluation, Chartis Research recognises analytics giant SAS as a category leader, underscoring its impressive capabilities in analytical modelling, risk typology modelling, and workflow automation.
Partisia Blockchain spearheads decentralisation discourse at World Crypto Forum
Wed, 10th Jan 2024
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blockchain
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risk & compliance
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data privacy
Swiss-based Partisia Blockchain takes centre stage at the inaugural World Crypto Forum, promoting the discourse on decentralisation alongside launching a new product.
Rising global fraud awareness signals need for stronger protection measures
Tue, 14th Nov 2023
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edutech
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data analytics
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email security
An SAS consumer fraud study indicates higher global fraud awareness, urging robust protective measures against evolving scam tactics.
Revolutionising AML workflows, First AML launches Source
Wed, 20th Sep 2023
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risk & compliance
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money laundering
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aml
First AML launches Source, a self-service platform to reinvent AML workflows, offering hope to businesses grappling with regulatory challenges.
Asia Pacific FSIs pay $5.1 billion for breaching AML & data privacy
Fri, 5th Feb 2021
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data privacy
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financial institutions
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aml
Financial institutions in Asia Pacific accumulate over $10.6bn in penalties for non-compliance with regulations, says Fenergo.