Tagged: complyadvantage

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

January 12, 2022 @ 3:40 am By Omar Faridi  |  

The team at ComplyAdvantage, an AI-enhanced financial crime detection firm, notes that from regime change in Myanmar and Afghanistan to a “spotlight on environmental crime at COP26 and the explosive Pandora Papers leak, 2021 has been another landmark year for compliance professionals.” ComplyAdvantage writes in… Read More

September 30, 2021 @ 10:16 am By Tony Zerucha  |  

ComplyAdvantage, a global data technology company with a unique approach to financial crime detection, today announced that Hampshire Trust Bank (HTB),  a specialist bank focused on lending to UK businesses, has selected the company’s award-winning anti-money laundering (AML) suite of solutions including Customer Screening and… Read More

May 20, 2021 @ 7:20 am By Omar Faridi  |  

ComplyAdvantage, an AI-enhanced financial crime detection firm, has  extended its Series C funding round to $70 million, with an additional $20 million from Goldman Sachs. ComplyAdvantage‘s  investment has reportedly come on top of the firm’s oversubscribed Series C round that was announced in July of… Read More

May 5, 2021 @ 10:24 am By Samantha Hurst  |  

  HUBUC announced on Wednesday it has formed a partnership with regtech ComplyAdvantage to integrate compliance and security screening technology to its banking-as-a-service (BaaS) platform. HUBUC describes itself as an embedded financial service provider that allows businesses to integrate multiple payment capabilities from a single… Read More

April 25, 2021 @ 11:30 pm By Omar Faridi  |  

London-based ComplyAdvantage, a company that offers real-time financial crime insight that “puts you in control,” notes that the European Union has introduced a strategy to deal with  organized and financial crime and the US recently imposed new sanctions on Russia. While sharing recent financial crime… Read More

January 20, 2020 @ 4:03 pm By Samantha Hurst  |  

Regtech company ComplyAdvantage announced on Monday it has appointed former President and CEO of online foreign exchange trading platform OANDA Global Corporation (OANDA), Vatsa Narasimha as its new Chief Operating Officer and Chief Financial Officer. ComplyAdvantage reported that prior to OANDA, Narasimha spent nearly ten… Read More

September 27, 2019 @ 1:30 pm By Therese Torris  |  

LendIt Fintech Europe 2019, which took place September 26-27 in London, was placed under the banner of lending and banking convergence. As incumbents collaborate with Fintechs, online lending marketplaces become banks, and challenger banks expand into credit, a new ecosystem is emerging. An indispensable part… Read More