RegTech Insight AML, KYC & Financial Crime The latest content from across the platform
Fincapital Deploys iDenfy for KYC, AML in Customer Onboarding
Fincapital Partners, a fintech offering online banking and wealth management across Sweden, Switzerland and Lithuania, has deployed an AI-enabled identity verification and fraud prevention platform from iDenfy to handle the KYC and AML aspects of its customer onboarding process. The implementation is aimed at instilling confidence in the Fincapital Partners’ team, allowing them to provide…
NICE Actimize Launches AI-Based AML Transaction Monitoring Platform
NICE Actimize has launched its Suspicious Activity Monitoring (SAM-10) solution, which uses AI techniques to apply multi-layered analytics to the AML transaction monitoring process. NICE Actimize reckons the approach is able to detect more suspicious activity while reducing false positives. SAM-10 is an upgrade to NICE Actimize’s existing AML solution, and forms part of NICE Actimize’s Anti-Money…
Themis Adds Supply Chain Risk Assessment Tool
Themis, a provider of anti-money laundering software, has released a supply chain risk assessment tool that allows firms to map high-risk geographies and sectors, and possible touch points of financial crime including fraud, money laundering and terrorist financing, modern slavery and human trafficking, and bribery and corruption. The risk assessment tool helps firms visualise invisible…
A-Team Group Names Winners of Innovation Awards 2023
A-Team Group has named the winners of its prestigious Innovation Awards 2023. The awards, now in their third year, celebrate innovative projects and teams across vendor and practitioner communities that make use of new and emerging technologies to deliver high-value solutions for financial institutions in capital markets. This year’s platinum award winners include Moody’s Analytics…
Sikoia Secures $6 Million Funding to Accelerate Growth of Client Onboarding Platform
Sikoia, provider of a unified data platform for client onboarding and counterparty evaluation, has secured $6 million in seed funding, bringing total capital raised to over $8.3 million. The London-based company will use the funding to accelerate international expansion, extend the platform’s data coverage and workflow automation, and develop unique technology to help its clients…
Themis Secures £3.1 Million Funding for Financial Crime Platform
Themis, provider of a digital financial crime platform, has secured £3.1 million in its latest Pre-Series A funding. The London-based company raised £1.7 million in a seed round in 2021, and will use the funds to continue development of its automated due diligence platform, Themis Search and Monitoring, that was released in 2020. The platform…
ONE Taps Know Your Customer to Streamline Onboarding Process
UK-based ONE Group, which provides trading and other financial services across digital and fiat currencies, has selected Know Your Customer to help streamline client onboarding. Formerly known as AIM, ONE rebranded to reflect the seamless integration of its trading and payments solutions for corporate clients across crypto and foreign exchange. The company, established in 2017,…
EU Regulatory Priorities for 2023, According to our Brussels Insider
Higher Interest Rates, A Volatile Crypto-Asset Environment and the Growth of Opaque Non-Bank Institutions Challenge Central Banks and Regulators in the EU. These were the opening remarks of Dr. David Doyle, an EU financial services regulatory expert, and frequent speaker at A-Team Group conferences, when we met up with him early in the New Year…
ESMA Recommends Digital Token Identifier for Pilot of Distributed Ledger Technology Regulation
ESMA has recommended use of the ISO standard Digital Token Identifier (DTI) for the pilot of its Distributed Ledger Technology (DLT) regulatory regimen. DTIs are issued by the DTI Foundation, a non-profit division of Etrading Software, with a view to bringing standardisation to digital asset and crypto markets. The DLT pilot will apply from 23…
A-Team Group Names Winners of Inaugural RegTech Insight Awards – APAC 2022
Congratulations to the winners of A-Team Group’s inaugural RegTech Insight Awards – APAC 2022. The awards were presented by Andrew Delaney, President and Chief Content Officer at A-Team Group during a drinks reception following A-Team Group’s RegTech Summit APAC in Singapore on 29 November 2022. The RegTech Insight Awards recognise both established solution providers and…