Tagged: fenergo

March 27, 2025 @ 6:25 am By Omar Faridi  |  

Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-Money Laundering (AML) and Client Lifecycle Management (CLM), announced that it has partnered with Aduro Advisors, LLC, a  US-based fund administrator serving venture capital and private equity firms. This collaboration reinforces Aduro’s commitment to… Read More

March 13, 2025 @ 4:45 pm By Omar Faridi  |  

Fenergo, a provider of client lifecycle management (CLM) solutions for financial institutions, announces the validation of its climate targets by the Science-Based Targets initiative (SBTi). The justification of Fenergo’s science-based targets reaffirms its commitment to driving “scientifically measurable environmental change and supporting the global effort… Read More

February 13, 2025 @ 7:35 am By Omar Faridi  |  

Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-money laundering (AML) transaction monitoring and Client Lifecycle Management (CLM), announces that it has joined forces with PwC to accelerate the delivery of Fenergo’s solutions to financial institutions. The collaboration will combine PwC’s financial… Read More

February 6, 2025 @ 9:09 pm By Omar Faridi  |  

Singapore’s banking industry is facing an “unprecedented” challenge as the number of clients abandoning banks due to “slow and inefficient onboarding practices” has surged to record levels, according to research from Fenergo, a global firm focused on client lifecycle management (CLM), Know your Customer (KYC)… Read More

January 23, 2025 @ 3:22 pm By Omar Faridi  |  

Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-money Laundering (AML), transaction monitoring and Client Lifecycle Management (CLM), has released its analysis of global financial institution enforcement actions from Jan 1, 2024, to Dec 31, 2024. Fenergo’s report reveals critical insights into the… Read More

January 22, 2025 @ 7:47 am By Omar Faridi  |  

Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-money Laundering (AML), transaction monitoring and Client Lifecycle Management (CLM), has released its analysis of financial institution enforcement actions for AML and Environmental, Social and Governance (ESG) violations from 1 Jan 2024, to 31 Dec… Read More

January 16, 2025 @ 7:01 pm By Omar Faridi  |  

Fenergo, the provider of digital solutions for client lifecycle management (CLM), know your customer (KYC) and transaction monitoring, announced  the findings of its report on financial institution enforcement actions. Global regulatory fines in 2024 saw a decline in value from “$6.57 billion in 2023 to… Read More

December 27, 2024 @ 3:28 pm By Omar Faridi  |  

As the year 2024 comes to a close, it’s wise for financial institutions and Regtech (regulatory technology) providers to pause and assess the evolving sanctions landscape, particularly with the U.S. preparing to transition to a new administration in 2025. This, according to an update from… Read More

December 15, 2024 @ 1:50 pm By Omar Faridi  |  

Fenergo, a provider of AI-powered solutions for Know Your Customer (KYC), Anti-money laundering (AML) transaction monitoring, and Client Lifecycle Management (CLM), reports a profit before tax of “€12.6 million and a 20% increase in software license growth” in its financial results for the year ending… Read More

November 28, 2024 @ 11:11 am By Omar Faridi  |  

Fenergo, a provider of AI-enhanced solutions for know your customer (KYC), transaction monitoring and client lifecycle management (CLM), announced Geneva-based investment group Pictet has reportedly deployed Fenergo’s CLM solution in order to enhance its asset servicing capabilities. FundPartner Solutions (Europe) SA, the Pictet Group’s European… Read More

November 7, 2024 @ 8:57 am By Omar Faridi  |  

Boerse Stuttgart Digital, the infrastructure provider for cryptocurrencies and digital assets in Europe, partners with Fenergo, a firm focused on AI-powered KYC, client lifecycle management, and transaction monitoring solutions. Through this partnership, Boerse Stuttgart Digital embraces the next wave of growth in Europe’s crypto market… Read More

November 1, 2024 @ 7:56 am By Omar Faridi  |  

Fenergo, a provider of solutions for Know Your Customer (KYC), Anti-money Laundering (AML) transaction monitoring and Client Lifecycle Management (CLM), announced that is expanded into the energy and commodities sectors. This move provides solutions that aim to simplify client and supply chain onboarding and improve… Read More

October 23, 2024 @ 7:30 am By Omar Faridi  |  

The number of global banks losing clients to slow and inefficient know your customer (KYC) onboarding practices has surged to a record high this year, according to new research from Fenergo, the provider of solutions for KYC, client lifecycle management (CLM) and transaction monitoring. A… Read More

October 13, 2024 @ 8:44 pm By Omar Faridi  |  

Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-money laundering (AML) transaction monitoring and Client Lifecycle Management (CLM), has announced several key updates including being recognized by Chartis for KYC and being acknowledged for its AI-enhanced digital customer onboarding solutions. In addition… Read More

September 12, 2024 @ 6:32 am By Omar Faridi  |  

Landesbank Baden-Württemberg (LBBW), Germany’s largest state bank, has selected Fenergo, the provider of solutions for know your customer (KYC), client lifecycle management (CLM) and transaction monitoring to provide a new cloud-based client onboarding system to enhance its compliance processes. Fenergo will support LBBW’s business in… Read More

August 16, 2024 @ 10:17 am By Omar Faridi  |  

Fenergo, the provider of digital solutions for know your customer (KYC), transaction monitoring and client lifecycle management (CLM), released its half-year annual findings on global financial institution enforcement actions, revealing a 31% surge in the value of fines issued in H1 2024 compared to H1… Read More

August 9, 2024 @ 8:58 am By Omar Faridi  |  

Fenergo and Deloitte Ireland have announced an agreement to deliver Fenergo’s AI-powered CLM solutions to financial institutions across EMEA. The alliance combines Fenergo’s technology “with Deloitte’s technology-enabled business transformation expertise to create a Centre of Excellence for CLM.” The collaboration will empower financial institutions and corporates “to… Read More

August 1, 2024 @ 4:56 pm By Omar Faridi  |  

Fenergo, the provider of digital solutions for know your customer (KYC), transaction monitoring and client lifecycle management (CLM), announced that Caribbean-based PROVEN Bank is deploying Fenergo’s transaction monitoring solution to streamline its anti-money laundering (AML) compliance processes. Integrating Fenergo’s technology will “enhance PROVEN Bank’s operational… Read More

June 28, 2024 @ 6:49 am By Omar Faridi  |  

Fenergo, the provider of tailored software-as-a-service (SaaS) solutions for Know Your Customer (KYC), Transaction Monitoring (TM), and Client Lifecycle Management (CLM), announced the findings from its KYC in Commercial Banking research, which analyzed responses from mid-market commercial banks in the US with assets ranging from… Read More

June 20, 2024 @ 3:22 pm By Omar Faridi  |  

Fenergo, the provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management (CLM), announces that First Abu Dhabi Bank (FAB) the largest bank in the United Arab Emirates (UAE), has “integrated Fenergo’s software-as-a-solution (SaaS) CLM solution to speed up client… Read More