Search Results for: anti-money laundering

Trusted Global Solution Needed as EU Ministers Meet to Bolster Anti-Money Laundering Rules, Says Trulioo

The Fintech TimesJanuary 24, 2019January 22, 2019

by The Fintech TimesJanuary 24, 2019January 22, 2019

On Tuesday, EU finance ministers met following the European Union’s decision to adopt tougher anti-money laundering (AML) rules. This meeting is going to confirm proposals

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New Anti-Money Laundering Technology Sees UK Fraud Rings Frozen

thefintechtimesDecember 12, 2018December 11, 2018

by thefintechtimesDecember 12, 2018December 11, 2018

Pay.UK’s Faster Payments team is today announcing the official launch of the anti-fraud Mule Insights Tactical Solution (MITS) following a successful pilot by participants of

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Failure to Comply with Money Laundering Regulations Sees 91% Rise in HMRC Fines

The Fintech TimesMay 8, 2019May 3, 2019

by The Fintech TimesMay 8, 2019May 3, 2019

The value of fines imposed by HMRC for failures to comply with anti-money laundering obligations jumped 91% last year, says fscom, the financial services regulatory

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Global Identity Verification Helps Mitigate Money Laundering and Fraud in Two of the World’s Fastest Growing Markets

The Fintech TimesJanuary 7, 2019January 3, 2019

by The Fintech TimesJanuary 7, 2019January 3, 2019

Global identity verification company, Trulioo, announced today that it now verifies customers in the Czech Republic and Slovakia through its electronic identity verification platform, GlobalGateway – helping to mitigate

identitii and Blue Prism Partner to Enable Banks to Securely Streamline Financial Transactions While Helping Detect Money Laundering and Fraud

thefintechtimesJune 25, 2018June 21, 2018

by thefintechtimesJune 25, 2018June 21, 2018

identitii, the company enabling the secure, trusted and auditable exchange of information within and between counterparty financial institutions, announced a new partnership with Blue Prism

Global approach is the only way to address money laundering, says identity verification expert

thefintechtimesMay 22, 2018May 22, 2018

by thefintechtimesMay 22, 2018May 22, 2018

Banks are spending $20 billion on compliance in an effort to combat money laundering, yet only one percent of illicit financial flows are seized by

Cybersecurity Fintech London Fintech UK Latest News Payment Systems

Fingerprint Biometric Technology – The Key to Getting to ‘Know Your Customer’

The Fintech TimesMay 15, 2019May 13, 2019

by The Fintech TimesMay 15, 2019May 13, 2019

By David Orme, Senior Vice President at IDEX Biometrics With cybercriminals becoming ever-more sophisticated, and identity fraud reaching epidemic levels in the UK, the need

Banks Fintech UK Latest News

Has Metro Bank Gone to the Dogs?

The Fintech TimesMay 10, 2019May 11, 2019

by The Fintech TimesMay 10, 2019May 11, 2019

By Matthew Dove Following its chairman’s dressing down at a court hearing involving a pet insurance company, Metro bank also appears to be making somewhat

Banks Fintech Companies Latest News

ID Verifier Jumio Broadens Partnership with Challenger Monzo

The Fintech TimesMay 5, 2019May 3, 2019

by The Fintech TimesMay 5, 2019May 3, 2019

Jumio has announced a new multi-year agreement with Monzo, strengthening a long-standing partnership with one of the UK’s top digital banks. Jumio has been Monzo’s

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The Fault In Our Stars – Combatting Payment Fraud

The Fintech TimesApril 18, 2019April 8, 2019

by The Fintech TimesApril 18, 2019April 8, 2019

In the finance sector’s hunt to improve ways to combat the scourge of payment fraud, biometric verification technology is coming to the fore and being