As regulatory scrutiny tightens and penalties mount, Indian banks are under growing pressure to fix gaps in AML and KYC ...

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 ...

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.

Canada’s anti-money laundering regulator (AML) fined Toronto-based real estate firm Jones Lang Lasalle $107,827 Canadian dollars (U.S. $77,632) for six violations of its anti-money laundering rules, ...

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 ...

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 ...