Tagged: aml

April 24, 2026 @ 12:45 am By Omar Faridi  |  

Regtech firm Entrust has incorporated Australia’s official Document Verification Service (DVS) into its advanced identity verification platform. The development equips businesses across multiple sectors with a streamlined, locally compliant tool to verify customers while combating financial crime. Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) rules… Read More

April 23, 2026 @ 6:36 am By Omar Faridi  |  

Elliptic has indicated that the United Kingdom’s updated regulatory framework for crypto-assets has now moved from planning to a firm schedule. Lawmakers approved the scope of oversight earlier this year, and on 15 April 2026 the Financial Conduct Authority (FCA) issued Consultation Paper CP26/13, clarifying… Read More

April 9, 2026 @ 6:55 am By Omar Faridi  |  

Blockchain intelligence firm Elliptic noted that AML false positives are a common operational challenge for crypto-assets compliance programs. According to insights from Elliptic, the key to effectively reducing them is configuring monitoring systems with improved data, risk-appropriate rules and wider overall blockchain visibility, so that… Read More

March 6, 2026 @ 7:55 am By Tony Zerucha  |  

DataVisor, an AI-powered fraud and risk management platform, released its 2026 Fraud & AML Executive Report, revealing an AI Readiness Gap between rising concern over AI-driven fraud and financial institutions’ ability to defend against it. The report found that 74% of surveyed senior fraud and… Read More

January 29, 2026 @ 10:47 am By JD Alois  |  

Deutsche Bank (NYSE:DB) is being investigated due to allegations of money laundering. According to Reuters, Federal Police raided Deutsche Bank offices in both Berlin and Frankfurt. Apparently, the investigation is due to claims of illicit activity by individuals between 2013 and 2018. This is not… Read More

January 18, 2026 @ 12:09 pm By Tony Zerucha  |  

Hawk, a provider of AI-powered anti-money laundering, screening and fraud prevention solutions, this week announced the launch of Analytics Studio, its AI lifecycle management solution giving banks and payment companies more control over the creation, maintenance, and governance of their AI models. With 91% of… Read More

January 2, 2026 @ 4:33 pm By Omar Faridi  |  

In 2025, the blockchain industry navigated a turbulent landscape marked by sophisticated cyber threats, regulatory advancements, and substantial financial losses. SlowMist‘s annual report highlights a year of professionalized attacks and maturing anti-money laundering (AML) efforts, underscoring the need for adequate security measures amid technological advancements…. Read More

December 29, 2025 @ 10:55 am By Omar Faridi  |  

In the evolving ecosystem of web3 and cryptocurrency platforms and exchange services, stablecoins have become a focal point for anti-money laundering (AML) efforts. A recent report highlights a significant development in how two leading issuers handle asset freezes, underscoring broader tensions between tech advancements and… Read More

December 21, 2025 @ 1:42 pm By Omar Faridi  |  

Regnology, a provider in regulatory, risk, tax, and finance reporting, as well as supervisory tech, announced it signed an agreement for the acquisition of Moody’s Regulatory Reporting & ALM Solutions business, inclusive of solutions “for Basel III compliance, IFRS9 impairment accounting, large bank asset-liability management… Read More

December 19, 2025 @ 3:54 pm By Tony Zerucha  |  

Sutherland and ComplyAdvantage have united to develop an AI-driven financial crime management solution designed to help banks and fintechs respond to the rapid rise of AI-designed fraud, complex AML risks, fast-evolving financial crime threats, and complex compliance requirements. Today, financial crime requires sophisticated, AI-intelligence-based solutions,… Read More

December 19, 2025 @ 7:10 am By Tony Zerucha  |  

A new research paper identifies ways technologies like Artificial Intelligence (AI) and Machine Learning can address shortcomings in anti-money laundering (AML) enforcement. Next generation  AML solutions: An analysis of AI-based tools vis-a-vis the reform of the European AML institutional and substantive architecture, authored by Yaron… Read More

December 2, 2025 @ 9:29 am By JD Alois  |  

The American Fintech Council (AFC) and the Coalition for Financial Ecosystem Standards (CFES) have joined to issue a statement on the cost of Anti-money Laundering – Counter Terrorism Financing (AML/CFT) in response to a survey distributed by FinCEN. Phil Goldfeder, CEO of the AFC, said… Read More

November 16, 2025 @ 9:49 pm By Omar Faridi  |  

Equifax (NYSE: EFX) is assisting regulated businesses with the introduction of new AML Compliance Solutions designed to lessen the burden of AML (anti-money laundering) regulatory compliance for FS firms and related industries by flagging potential associations between “a prospect and activities that may indicate potential… Read More

November 2, 2025 @ 2:44 pm By Omar Faridi  |  

Binance founder and former CEO of the crypto exchange, Changpeng “CZ” Zhao is considering a lawsuit against US Senator Elizabeth Warren for alleged defamation, potentially further escalating an argument that was made following the crypto billionaire’s residential pardon. The development has surfaced after the Massachusetts… Read More

October 6, 2025 @ 3:01 am By Omar Faridi  |  

Total spending on third-party AML systems is projected increase by significant 121% by 2030, according to an update from the team at Juniper Research. This latest estimated figure would be up considerably from $33.9 billion this year. As stated in the report, gaps in transaction… Read More

September 10, 2025 @ 9:33 pm By Omar Faridi  |  

Experian, a global firm focused on providing insightful data and technology, has introduced solutions aimed at addressing critical challenges in financial crime prevention and housing accessibility. These initiatives, announced recently, underscore Experian’s commitment to leveraging advanced technology and data analytics to support financial institutions and… Read More

September 4, 2025 @ 8:58 am By Omar Faridi  |  

Jumio, the enabler of AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights, released findings from its 2025 Online Identity Study. As students head back to school and engage “with more digital platforms than ever, new data spotlights a pivotal shift: today’s most… Read More

September 2, 2025 @ 7:38 pm By Omar Faridi  |  

Blockchain security firm SlowMist has announced that its proprietary anti-money laundering (AML) tracking system, MistTrack, has been selected for the Hong Kong Cyberport Blockchain & Digital Asset Pilot Subsidy Scheme. This acknowledgement underscores MistTrack’s approach and practical value in combating financial crime within the rapidly… Read More

September 1, 2025 @ 8:52 pm By Omar Faridi  |  

Blockchain security firm SlowMist, established during the extended crypto bear market of 2018, continues to focus on setting standards in safeguarding the Web3 ecosystem. Through various partnerships, proper threat detection, as well as more comprehensive compliance initiatives, SlowMist is focused on addressing the challenges of… Read More

August 31, 2025 @ 3:26 pm By Omar Faridi  |  

The Financial Action Task Force (FATF) unveiled a Money Laundering National Risk Assessment (NRA) resource, designed to enable countries to strengthen their risk-based strategies in combating financial crime. This resource marks a step forward in the global effort to safeguard financial systems from money laundering,… Read More