AML

Anti-money laundering (AML) refers to a set of laws, regulations, and procedures intended to prevent criminals from disguising illegally obtained funds as legitimate income. Though anti-money-laundering laws cover a relatively limited range of transactions and criminal behaviors, their implications are far-reaching.

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Smile Identity Acquires Appruve to Expand Identity Verification Across Africa
Smile Identity Acquires Appruve to Expand Identity Verification Across Africa
April 26, 2023  |  Acquisitions

Smile Identity has acquired Appruve to expand its digital identity verification solution across Africa. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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NICE Actimize Adds AI-Based Suspicious Activity Monitoring to AML Solutions
NICE Actimize Adds AI-Based Suspicious Activity Monitoring to AML Solutions
April 19, 2023  |  Security & Fraud

NICE Actimize has added Suspicious Activity Monitoring (SAM-10) to its Anti-Money Laundering (AML) solutions. Get the Full Story Complete the form to unlock this article...

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Treasury Department Says DeFi Services Must Improve AML/CFT Controls
Treasury Department Says DeFi Services Must Improve AML/CFT Controls
April 06, 2023  |  Security & Fraud

Vulnerabilities in decentralized finance (DeFi) are enabling criminals to transfer and launder illicit proceeds. Get the Full Story Complete the form to unlock this article...

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UK Slaps Levy on Regulated Entities to Help Fund Money Laundering Fight
UK Slaps Levy on Regulated Entities to Help Fund Money Laundering Fight
April 03, 2023  |  AML

A recently implemented Economic Crime Levy under the U.K.’s Finance Act 2022 is aiming to help in the fight against money laundering. Get the Full Story...

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Germany Reportedly Forming New Anti-Money Laundering Agency
Germany Reportedly Forming New Anti-Money Laundering Agency
March 29, 2023  |  AML

Germany is reportedly forming a new agency focused on anti-money laundering (AML) and sanctions efforts. Get the Full Story Complete the form to unlock this...

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CSI and Hawk:AI Partner on AI-Powered Anti-Fraud and AML Tools
CSI and Hawk:AI Partner on AI-Powered Anti-Fraud and AML Tools
March 28, 2023  |  Partnerships

CSI and Hawk:AI have partnered on artificial intelligence (AI)-powered tools to combat financial crimes. Get the Full Story Complete the form to unlock this article...

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FCA Says Many Payments Firms’ Controls Aren’t ‘Sufficiently Robust’
FCA Says Many Payments Firms’ Controls Aren’t ‘Sufficiently Robust’
March 17, 2023  |  Regulation

A United Kingdom regulator has cautioned payments firms that it expects their controls to be “sufficiently robust.” Get the Full Story Complete the form to...

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Report: Feds Probed Signature Bank Money Laundering Controls
Report: Feds Probed Signature Bank Money Laundering Controls
March 15, 2023  |  Bank Regulation

Signature Bank was reportedly the target of a criminal investigation prior to its downfall. Get the Full Story Complete the form to unlock this article...

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B2B Payments Go Digital — or Go to Die
B2B Payments Go Digital — or Go to Die
March 02, 2023  |  B2B Payments

Once businesses go digital, they don’t go back. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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