Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures are essential components of a robust compliance framework for financial institutions worldwide. These procedures help to prevent ...

The platform’s compliance architecture is designed in accordance with internationally recognized regulatory principles, ...

iCOMPASS Pte Ltd, a Singapore-based Regulatory Technology firm, today announced the launch of its next-generation Know Your Customer (KYC) and Anti-Money Laundering (AML) platform for financial ...

Financial crime costs the global economy over $2 trillion annually, while compliance teams at banks and credit unions struggle with antiquated systems generating thousands of false positive alerts ...

NEW YORK--(BUSINESS WIRE)--MCO (MyComplianceOffice), a leading provider of compliance technology, has enhanced its platform with Anti-Money Laundering (AML) and Know-Your-Customer (KYC) capabilities.

With around five billion people in the world having access to a smartphone, out of a global population of just over eight billion, a mobile number is quickly becoming a vital part of the identity ...

The product provides “a comprehensive picture of corporate hierarchy” with entity-level and individual-level share ownership data, covering 71 million shareholders across 62 countries, sourced from ...

Time and again, seemingly successful bank mergers have been rocked by revelations of poor anti-money-laundering compliance. Assessing the AML risk of a potential merger partner is extremely tricky, ...

63% of GPs say they have lost investors or reinvestments due to AML/KYC compliance shortcomings 88% of LPs are more likely to invest in a manager with a formal AML/KYC program Nearly three-quarters of ...