ThetaRay and Matrix USA Solve AML’s Last-Mile Problem with a Turnkey AI Overlay to Modernize Legacy Rules Engines

As regulators push for advanced AML analytics, new partnership delivers rapid AI implementation on top of existing systems.
Finextra

Evolving the AML Compliance Officer into a Technology Expert

As Anti-Money Laundering (AML) regulations and expectations have continued to grow and change (e.g., the new FinCEN CDD Rule and the 4th EU Money Laundering Directive), so too have the expectations of ...
FinanceFeeds

Austria Freezes KuCoin EU New Business Over Compliance Staffing Gaps

Austria’s financial regulator has barred KuCoin’s European arm from onboarding new customers and launching new business after ...

FinScan advances AML compliance by strengthening real-time payments, data quality, and global reach

FinScan, the AML compliance solution of Innovative Systems, Inc., is proud to announce a series of successes it has ...
Compliance Week

Metropolitan Commercial Bank adds risk chief, AML officer

New York-based Metropolitan Commercial Bank (MCB) announced the appointments of a chief risk officer and Bank Secrecy Act/anti-money laundering (BSA/AML) officer to bolster its reporting lines ...
American Banker

When employees are LOLing money laundering, can tech help?

When the Department of Justice investigated money laundering at TD Bank, it found emails and instant messages between employees about the criminal activity they and their colleagues were abetting. For ...
Korea

KoFIU Announces Measures to Strengthen Responsibility and Professional Capacity in AML Duties

The Korea Financial Intelligence Unit (KoFIU) held a meeting with financial industry groups on July 20 and introduced measures to strengthen responsibility and professional capacity in financial ...