Combating Financial Crime With Anti-Money Laundering Software
Dive into how AML software safeguards the BFSI industry and builds trust in the financial sector.
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BankProv selects Cable to enhance financial crime compliance program
Cable, provider of the leading financial crime effectiveness testing platform, announced that BankProv, a future-ready commercial bank that offers technology-driven banking solutions to its clients, has selected Cable to further enhance its financial crime compliance program with cutting-edge automated financial crime assurance and testing capabilities. As a premier Banking-as-a-Service (BaaS) provider specializing in technology-driven banking solutions to niche markets, BankProv is a trusted advisor and partner to a wide range of niche, technology-driven industries including...
Jack Henry launches Next-Generation Financial Crimes Platform
AI-powered Financial Crimes Defender helps bankers detect and prevent fraud in real-time
Lucinity & Trustly to elevate financial crime prevention
Lucinity, a cutting-edge provider of advanced financial crime prevention solutions, has entered into an agreement with Trustly, the innovative online payment solutions company. This collaboration marks a significant milestone in the financial technology landscape as Trustly integrates Lucinity’s state-of-the-art technology to enhance the resilience and effectiveness of its financial crime prevention operations. Lucinity’s sophisticated AI-driven solutions, known for their capability to detect and mitigate financial crimes, will empower Trustly to bolster its defense mechanisms against evolving...
Fraud and Financial Crime Report: Kroll
Increasing pressure on compliance teams reinforce the need for adoption of technologies that can drive greater efficiencies in risk management, anti-money laundering (AML), sanctions and anti-bribery and corruption programs.
Over half of consumers have been a victim of financial crime
Feedzai’s new report reveals a lack of awareness of scams is putting many consumers at severe risk Romance scams top the list of most common fraud type with one in 10 who have fallen victim losing more than $8,400 to scammers Fraudsters are adapting and increasingly taking advantage of unsuspecting consumers, luring them into becoming money mules with 42% approached on social media Consumers believe it’s the responsibility of their bank to reimburse them should they...
Consilient Announces FL Solution for Financial Crime Detection
Solution transforms risk management by securely detecting high-risk entities and behaviors across different financial institutions while preserving data privacy
indó selects Lucinity for modern financial crime prevention
indó, an Icelandic mobile first advanced neo-bank, has selected Lucinity as its AML compliance software, including its Transaction Monitoring and Case Manager solutions. Established in 2018, indó is the first neobank to operate in Iceland. It was created to restore faith in the banking system by being open with customers about how their money is used. The company received its Icelandic banking license in February 2022, the first new license issued in more than 30 years, aiming to capitalize...
WorkFusion Taps Arthur Mueller As VP of Financial Crime
Arthur Mueller brings more than 20 years of experience across a number of financial institutions and deepens the AI digital workforce company’s bench of FinCrime experts
NOW Money Selects ThetaRay AI Tech to Prevent Financial Crime
Deal marks expansion of ThetaRay AI SaaS solution into GCC fintech community