Flagright, the AI-native, no-code platform for transaction monitoring and AML compliance, is pleased to welcome SME Bank as its newest client. Following a successful evaluation of Flagright’s platform ...

As financial institutions adapt to increasingly complex compliance landscapes, the intersection of artificial intelligence (AI), machine learning (ML), and data privacy has emerged as a critical ...

NEW YORK & LONDON & TEL AVIV, Israel--(BUSINESS WIRE)--ThetaRay, a provider of AI-powered transaction monitoring technology enabling banks and fintechs trusted global payments, today announced it is ...

UK banking fintech taps ThetaRay AML SaaS solution to protect its platform against known and unknown money-laundering crimes LONDON & NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--ClearBank, the ...

The New York Department of Financial Services, or NYDFS, on Wednesday issued guidance requiring all New York banking organizations to leverage blockchain analytics tools to comply with transaction ...

How has the current alert-based approach to AML transaction monitoring evolved, and what are its limitations? It hasn’t changed that much since Anti-Money Laundering first became important around 2002 ...

Fenergo, the provider of digital solutions for know your customer (KYC), transaction monitoring and client lifecycle management (CLM), announced that Caribbean-based PROVEN Bank is deploying Fenergo’s ...

On 13 September 2022, the Central Bank of Ireland reprimanded and fined Danske Bank A/S, trading in Ireland as Danske Bank, €1,820,000 pursuant to its Administrative Sanctions Procedure “for three ...

The Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement System Plc (NIBSS) have urged financial institutions ...

Mobile apps make managing your money a snap and mobile alerts can help protect it.

Union Bank of India has promoted senior banker Sarvesh Ranjan as Chief General Manager (CGM), strengthening its top ...

Correspondent banking relationships are vital for facilitating international transactions. However, the reliability of these correspondent bank accounts is crucial for mitigating risks, including ...