AML / Anti-money laundering stories
NextGen's digital services speed up home loan approvals in Australia
NextGen's digital lending technology, specifically its Verification of Identity service, NextGenID, boosts home loan approval efficiency, reducing approval times by 25% on the ApplyOnline platform.
iDenfy & CO2IN partner to boost carbon credit transactions security
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
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
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.
LRN's anti-fraud courses receive accreditation in Singapore
Singapore battles rising online scams as LRN Corporation delivers accredited courses to enhance ethical practices in the financial sector, in line with the Monetary Authority regulations.
Partisia Blockchain spearheads decentralisation discourse at World Crypto Forum
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
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
First AML launches Source, a self-service platform to reinvent AML workflows, offering hope to businesses grappling with regulatory challenges.
Jade Software appoints Justin Mercer as CEO
New Zealand's Jade Software has appointed Justin Mercer as CEO after serving as interim CEO following previous CEO Charlotte Walshe's departure.
Charlotte Walshe to leave Jade Software Corporation
Jade Software CEO, Charlotte Walshe, to depart in 2023. The company has seen steady revenue growth under her leadership.
SAS is a leader in anti-money laundering - Forrester
The latest Forrester report revealed that SAS received the highest score in the anti-money laundering category of 15 vendors.
SAS and Greater Bank launches new AML and fraud service
Greater Bank partners with SAS to enhance fraud detection and anti-money laundering capabilities for its 270,000+ customers.
Chartis names SAS a Leader in anti-money laundering
Chartis has named SAS a category leader in trade-based anti-money laundering (TBAML) for its broad end-to-end automation and deep risk analytics capabilities.
SAS and Zencos to crack down on financial crime in Australia
SAS and Zencos extend their partnership to Australia, offering an AML cloud solution for the financial sector.
IDC and GBG examine the Australian perspective on digital identity verification
Webinar explores the challenges of customer identity and verification in Australia, covering biometrics and consumer preferences.
A third of financial institutions have increased AI and ML in response to money laundering
A third of financial institutions are accelerating their AI and machine learning adoption for anti-money laundering technology in response to COVID-19.
Financial institutions turn to AI and ML to aid anti-money laundering efforts
A third of financial institutions are speeding up their adoption of AI and ML for AML technology due to COVID-19, according to a new industry study.
Asia Pacific FSIs pay $5.1 billion for breaching AML & data privacy
Financial institutions in Asia Pacific accumulate over $10.6bn in penalties for non-compliance with regulations, says Fenergo.
First AML awarded Privacy Trust Mark
The Office of the Privacy Commissioner has awarded First AML a Privacy Trust Mark for its anti-money laundering platform.
Is the 'fast follower' mentality holding back anti-money laundering in Australia?
Australian banks are urged to invest in artificial intelligence to combat money laundering, with 68% believing it is the solution.
Oracle rolls out anti-money laundering services for banks
Oracle Financial Crime and Compliance Management Cloud Services is an application suite designed for mid-sized banks and smaller financial institutions.
How the best tech deals get done using tech
Venture capital (VC) is a massive global industry, with record funding for startups, but tech isn't usually a factor. That's starting to change.
Kyckr signs agreement to expand into new platform
The agreement with Demyst will allow the Kyckr API to be accessible by existing and future Demyst API customers.
EBOOK: Don't get caught out by the updated Anti-Money Laundering Act
It’s estimated that the new legislation will more than quadruple the number of businesses affected in New Zealand.