Tagged: aml

Singapore: Blockhain Node Network RockX Introduces Bedrock, the KYC, AML Compliant Ethereum Staking Platform

RockX, a blockchain node network headquartered in Singapore, announces the launch of Bedrock — the world’s first AML and KYC compliant, institutional-grade Ethereum liquid staking platform to have gone live to the public. Bedrock is described as “a non-custodial, on-chain and independent liquid staking solution… Read More

Digital Assets: HashKey Group, SlowMist to Build Secure Crypto-Asset Services

HashKey Group and SlowMist are pleased to announce a strategic partnership to collaborate on digital asset ecosystem security, anti-money laundering for digital assets, cutting-edge security technology research, and other technology fields. The goal of the partnership is “to explore and develop comprehensive security standards and… Read More

Financial Crime Detection Firm ComplyAdvantage Appoints Jim Anning as Chief Data Officer

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

Sygna, Shyft Veriscope to Enhance Crypto Travel Rule Interoperability, Compliance

Sygna, the modular crypto AML compliance service provider, has partnered with Shyft Veriscope, the “frictionless” crypto Travel Rule compliance solution, in order “to bring a seamless user experience to Sygna’s users and the crypto industry one step closer towards full interoperability and a solution to… Read More

Banesco USA Selects AML RightSource’s AI-Enhanced Tech to Improve Due Diligence Investigations

AML RightSource, the provider of Anti-Money Laundering (AML), Know Your Customer (KYC) and Bank Secrecy Act (BSA) compliance solutions, announced that Florida-based bank Banesco USA has “selected its Automated EDD (Enhanced Due Diligence) solution for efficient, compliant customer risk reviews with streamlined, AI processes that… Read More

Icelandic Neobank indó Selects Lucinity for 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 claims it is “the first neobank to operate in Iceland.” It was created “to restore faith in the… Read More

Fluid Finance, Sumsub to Enhance Identity Verification, AML Compliance

Fluid Finance, a Fintech company headquartered in Geneva, has partnered with Sumsub, a global all-in-one verification platform, “to enhance user onboarding and ensure bulletproof fraud protection.” Fluid’s aim is “to create a new financial model by combining traditional and digital finance.” Strict compliance, Know Your… Read More

Uppsala Security, Korea Digital Asset Focused on Consignment Services, AML Solutions Implementation

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, and Transaction Tracking, announced that it has signed a Virtual Asset Customization (Consignment) contract with Korea Digital Asset (KODA). Through this contract, KODA’s virtual asset consignment system “will… Read More

Artificial Intelligence: ThetaRay, Piie Focused on AI Tech for Insurance Payments

ThetaRay, a provider of AI-powered transaction monitoring technology, and Piie, Inc., an insurtech providing an intelligent payment engine, announced a collaboration in order “to implement an advanced AML solution for insurance claim payments.” Through the agreement, Piie (Payments Intelligent Integration Engine) will “integrate ThetaRay’s AI-driven… Read More

Gate.io Deploys Coinfirm‘s AML/CFT Platform to Enhance Compliance Standards

Gate.io, which claims to be one of the world’s “leading” digital asset trading platforms, has chosen Coinfirm, a key player focused on analytics and anti-money laundering (AML) solutions for the blockchain industry, “as one of its key AML/CFT partners.” The partnership will “give Gate.io access… Read More

SEON Acquires Complytron to Launch Unified Fraud, AML and FinCrime Platform

International fraud prevention company SEON has announced the acquisition of compliance and anti-money laundering (AML) specialist firm, Complytron. The acquisition instantly adds AML capabilities “to SEON’s fraud fighting toolkit and signals a new focus on holistic FinCrime prevention for the growing business.” As a result… Read More

Eventus Introduces Validus AML (VAML), an Anti-Money Laundering Solution to Combat Financial Crime

Eventus, a global provider of multi-asset class trade surveillance and market risk solutions,  announced the broad introduction of Validus AML (VAML), a new end-to-end anti-money laundering (AML) platform aimed at “helping firms in both the traditional finance and digital asset space combat financial crime.” The… Read More

Germany’s Fraud Prevention Firm Hawk AI to Focus on Global Expansion with $17M Series B

Hawk AI, Germany’s provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, announced $17M in Series B financing “to accelerate product development and global expansion.” The investment round was “led by Sands Capital from Washington D.C., with participation from new… Read More

Sandbar Secures $4.8M to Combat Financial Crime with Transaction Monitoring Software

Sandbar, a provider of anti-money laundering, fraud, and counter-terrorism risk detection software, announced the availability of its product and a $4.8 million seed investment led by Lachy Groom and Abstract Ventures. Other participating investors “include BoxGroup, as well as more than 45 angel investors including… Read More

Department of Justice Arrest Operator of Bitzlato in Miami, Claim Crypto Exchange Partnered with Dark Web Marketplace Hydra

“Fueled a high-tech axis of cryptocrime.” The US Department of Justice (DOJ) has announced the arrest of Anatoly Legkodymov, 40, a Russian national who resides in Shenzhen, China, as the founder and operator of Bitzlato, a crypto exchange the feds have alleged to have processed… Read More

GetGo Selects Jumio to Unlock Digital Onboarding for New Drivers

Jumio, the provider of end-to-end identity proofing, risk assessment and eKYC/AML compliance solutions, announced its partnership with GetGo, which claims to be the largest car-sharing service in Singapore, “to create an ecosystem where mobility is shared and sustainable for all.” GetGo prides itself on an… Read More

ComplyAdvantage, an AI-driven Fraud and AML Risk Detection Platform, Announces Inclusion in Chartis RiskTech100

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

Uppsala Security Introduces ChainKeeper for Web3 Security, Transaction Tracking, Reporting

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security announced the launch of ChainKeeper — “an all-rounder platform for Web3 security, transaction tracking and reporting.” ChainKeeper was created by Uppsala Security in… Read More

NOW Money Selects ThetaRay AI Tech to Prevent Financial Crime

NOW Money, the GCC’s first mobile banking solution focused on financial inclusion, and ThetaRay, a provider of AI-powered transaction monitoring technology, announced a collaboration to implement ThetaRay’s cloud-based AML solution “to monitor cross-border payments and support in the prevention of financial crimes and money laundering… Read More

Uppsala Security Signs MoU with Korea University of Foreign Studies AI Education Center for Academic Cooperation

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security announced the signing of a Memorandum of Understanding (MoU) focused “on the cooperation with the AI Education Institute of Hankuk University of Foreign… Read More

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