Tagged: complyadvantage

January 18, 2025 @ 12:55 pm By Omar Faridi  |  

Regtech ComplyAdvantage noted that organized crime—coordinated criminal enterprises profiting from a range of illegal activities—plays “an increasingly dominant role in global criminality.” Regtech ComplyAdvantage pointed out that what’s more, it is shaping much of the “global political agenda.” From Donald Trump threatening to issue sweeping… Read More

December 2, 2024 @ 11:08 am By Omar Faridi  |  

Regtech ComplyAdvantage has shared 2025 predictions from professionals working at the Regtech company, which specializes in financial crime intelligence. As mentioned in the update from Regtech company ComplyAdvantage, the predictions span the future of sanctions during a Trump presidency, as well as corporate transparency/beneficial ownership… Read More

August 2, 2024 @ 8:39 am By Omar Faridi  |  

Tuum, a core banking platform, is proud to announce its partnership with ComplyAdvantage, a firm focused on financial crime intelligence. This partnership leverages Tuum’s API-first approach in order “to integrate complementary solutions, ensuring that financial institutions can meet their unique needs effectively and efficiently with… Read More

April 24, 2024 @ 11:34 am By JD Alois  |  

ComplyAdvantage has acquired Golden, according to a statement issued by the company. ComplyAdvantage is a firm that provides AI-powered financial crime risk data and fraud detection technology. Golden is a data-mining firm that uses natural language processing to drive value from dispersed sources of information…. Read More

February 5, 2024 @ 2:30 pm By Omar Faridi  |  

SDK.finance, a Fintech solutions provider, has recently announced its integration with ComplyAdvantage, a key player focused on financial crime intelligence. This integration is said to mark a new era in “streamlined compliance processes for SDK.finance clients.” With the integration of ComplyAdvantage’s advanced AI-driven technologies, SDK.finance… Read More

January 18, 2024 @ 10:02 pm By Omar Faridi  |  

ComplyAdvantage has launched its annual report into fraud, money laundering, and financial crime: The State of Financial Crime 2024. The latest research report identifies “the criminal use of artificial intelligence (AI) as an emerging fraud challenge while revealing that most financial institutions are investing in… Read More

August 24, 2023 @ 3:21 pm By Omar Faridi  |  

ComplyAdvantage, the financial crime intelligence company, has joined the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program, a co-sell program for AWS partners that provides software solutions that run on or integrate with AWS. The program helps AWS partners drive new business “by… Read More

July 25, 2023 @ 8:00 am By Omar Faridi  |  

One of the biggest challenges faced by regulated and non-regulated companies is assessing whether or not another business is “safe to work with,” according to an update from ComplyAdvantage. Existing approaches rely “on manual research across multiple siloed sources.” This is time-consuming and “fails to… Read More

July 7, 2023 @ 9:18 am By Omar Faridi  |  

FullCircl, the Customer Lifecycle Intelligence (CLI) platform that helps financially regulated businesses do better business, faster, and ComplyAdvantage, the firm focused on financial crime intelligence, announced a new partnership that will create a best-in-class onboarding and customer lifecycle management solution. When companies integrate with FullCircl… Read More

May 17, 2023 @ 10:45 pm By Omar Faridi  |  

Criminals have never had more avenues through which to defraud people, according to an update from ComplyAdvantage. This has been “fueled by the proliferation of technology ranging from instant messaging to new forms of remittance, like P2P and real-time payments.” That’s why ComplyAdvantage, a key… Read More

March 14, 2023 @ 9:37 pm By Omar Faridi  |  

ComplyAdvantage, the fraud and financial crime detection firm, named Jim Anning as the company’s Chief Data Officer as part of its commitment to innovation in anti-money laundering / countering financial terrorism (AML/CFT) services. The newly created role on the Executive Leadership Team “reflects the centrality… Read More

January 30, 2023 @ 2:17 pm By Omar Faridi  |  

  As war continues to rage in Ukraine and inflation impacts the economy, fintechs and digital banks expect the subsequent global economic downturn “to drive a rise in financial crime – and they’re staffing up their financial crime prevention teams.” A new survey by ComplyAdvantage,… Read More

January 5, 2023 @ 8:40 am By Omar Faridi  |  

ComplyAdvantage, which claims to be a global leader in AI-driven fraud and anti-money laundering (AML) risk detection, announced its inclusion in the Chartis RiskTech100. The RegTech saw “an increase in its overall score compared with 2022, driven by an almost 8 percentage point increase in… Read More

November 14, 2022 @ 11:25 pm By Omar Faridi  |  

ComplyAdvantage, a global data technology company transforming financial crime risk detection, announces a training program “designed to help compliance teams navigate potential threats when onboarding customers.” Financial institutions must legally “vet new clients for money laundering, terrorist financing, sanctions evasion, and corruption before providing access… Read More

October 12, 2022 @ 9:01 pm By Omar Faridi  |  

Resistant AI, the AI and machine learning financial crime prevention specialists, and ComplyAdvantage, which claims to be one of the financial industry’s leading sources of AI-driven financial crime risk data and detection technology, announced “the general availability of their solution for fighting financial crime across… Read More

June 13, 2022 @ 9:24 am By Omar Faridi  |  

ComplyAdvantage, a global data technology company transforming financial crime detection, announced that Mark Watson has been “named as the company’s Chief Technology Officer and newest addition to the leadership team.” In his role, Mark will “lead all engineering and technical innovation efforts including the expansion… Read More

April 19, 2022 @ 8:30 am By Omar Faridi  |  

Seon, a startup that’s focused on assisting Fintechs like Revolut with addressing online fraud, has secured $94 million in capital, in order to implement various tools for preventing sanctions evasion by Russia. The London-headquartered firm secured the funding via an investment round that was led… Read More

March 22, 2022 @ 10:27 pm By Omar Faridi  |  

To properly address the stricter compliance rules resulting from extended sanctions and resulting increase in money laundering activity, ComplyAdvantage, an international data firm providing embedded counter risk intelligence to find, mitigate and stop financial crimes and Resistant AI, an AI and machine learning company providing… Read More

March 8, 2022 @ 9:43 pm By Tony Zerucha  |  

ComplyAdvantage, a global data technology company providing financial crime detection through embedded risk intelligence, today announced that Fireblocks, a platform that empowers traditional institutions to enter the digital asset space, has partnered to provide anti-money laundering Customer Screening and Monitoring to its customers with the addition of Transaction Risk Management for… Read More

February 2, 2022 @ 3:19 pm By Omar Faridi  |  

The team at ComplyAdvantage has released their new report, titled The State of Financial Crime 2022. ComplyAdvantage’s outlook for 2022: From supply chains in crisis to “high-wire” geopolitical standoffs and the implementation of updated regulatory frameworks, it’s going to be “a landmark year for compliance… Read More