Tagged: financial crime

June 10, 2020 @ 11:46 pm By Omar Faridi  |  

Featurespace, an established provider of Enterprise Financial Crime prevention software, confirmed that Australia’s Fintech Hay has chosen its ARIC Risk Hub to help identify and prevent potentially fraudulent financial activities and money laundering on its mobile-first solution. Hay builds digital infrastructure from the ground up… Read More

June 3, 2020 @ 11:47 pm By Omar Faridi  |  

Private identity solution provider, Incognia, has introduced a location-based behavioral biometrics software product that aims to reduce or eliminate the growing rates of mobile fraud. According to a press release shared with CI, Incognia’s anti-fraud software development kit (SDK) and APIs aim to improve standard… Read More

June 1, 2020 @ 5:13 pm By Omar Faridi  |  

Zebpay, a digital currency wallet and exchange provider that began its relaunch in India earlier this year, will be working with blockchain security and analysis firm Chainalysis to monitor crypto-asset transactions performed across its platforms for Indian consumers. Chainalysis had already been providing its Know… Read More

May 24, 2020 @ 1:16 am By Omar Faridi  |  

  Israel-based ThetaRay, a provider of Big Data and artificial intelligence (AI)-enhanced analytics tools, has launched FastStart, a product that aims to address the requirements of financial institutions during the COVID-19 crisis. As noted on ThetaRay’s official website: “Since the pandemic began, banks have seen… Read More

May 20, 2020 @ 2:30 pm By Omar Faridi  |  

The economic downturn due to the Coronavirus (COVID-19) has led to small businesses re-evaluating their operations and business plans, in order to survive during these challenging times. Fintech firms and digital banks have been forced to lay off their employees as they try to cut… Read More

May 14, 2020 @ 10:16 am By Omar Faridi  |  

UK-based Featurespace, a firm focused on fraud prevention, has secured £30 million in capital from an investment round led by Merian Chrysalis Investment. Several existing investors also took part in the round. The firm’s software is designed to learn the normal or typical digital behavior… Read More

April 17, 2020 @ 5:17 pm By Omar Faridi  |  

NICE Actimize, a NICE company (Nasdaq: NICE) business offering autonomous financial crime management solutions, has launched KYC Xpress, a cloud-powered solution. According to a release, KYC Xpress automates manual know-your-customer (KYC) processes. It aims to enhance the overall speed, accuracy, and efficiency of processing KYC… Read More

March 31, 2020 @ 10:19 pm By Omar Faridi  |  

ThetaRay, a provider of Big Data and artificial intelligence (AI)-enhanced analytics tools, has joined Microsoft’s (NASDAQ:MSFT) partner program, One Commercial Partner, which provides various cloud-powered solutions. ThetaRay’s anti-money laundering (AML) solution for correspondent banking can be accessed through Microsoft’s Azure Marketplace. A large US bank… Read More

February 20, 2020 @ 12:27 am By Omar Faridi  |  

NICE Actimize, a NICE company (Nasdaq: NICE) business offering autonomous financial crime management solutions, has reportedly been chosen by TONIK, an Asian pure-play regulated digital bank, to develop its Essentials anti-money laundering platforms and also to assist in the creation of secure banking environments for… Read More

November 16, 2015 @ 10:28 am By Erin Hobey  |  

  Quadriga Fintech Solutions Corp. claims that it launched Canada’s first R&D lab for blockchain technology. The lab’s first project will be the development of a platform with two core functions: handling the onboarding and client data management for financial crime systems using the blockchain and… Read More