Know your customer

Arun Banerjee and Brad Breslin Join AML RightSource

Financial regulation, Money laundering, Tax evasion, Terrorism, AML, Know your customer, Bank Secrecy Act, Crime, Money, Finance
Thursday, January 14, 2021 - 2:30pm

CLEVELAND, Jan. 14, 2021 /PRNewswire-PRWeb/ -- AML RightSource ("AMLRS" or the "Company"), the leading outsourced provider of Anti-Money Laundering ("AML"), Know Your Customer ("KYC"), and Bank Secrecy Act ("BSA") compliance solutions, is pleased to announce that Arun Banerjee and Brad Breslin have joined its leadership team.

Key Points: 
  • CLEVELAND, Jan. 14, 2021 /PRNewswire-PRWeb/ -- AML RightSource ("AMLRS" or the "Company"), the leading outsourced provider of Anti-Money Laundering ("AML"), Know Your Customer ("KYC"), and Bank Secrecy Act ("BSA") compliance solutions, is pleased to announce that Arun Banerjee and Brad Breslin have joined its leadership team.
  • Mr. Banerjee will join AML RightSource as Chief Revenue Office (CRO), and Mr. Breslin will join as a Senior Vice President.
  • AML RightSource is backed by Gridiron Capital, LLC ("Gridiron Capital"), a leading investment firm focused on partnering with founders, entrepreneurs, and management teams.
  • Tom Burger, Co-Founder and Managing Partner at Gridiron Capital, stated, "We are excited to welcome Arun and Brad to the AML RightSource team to help further expand the Financial Crimes Advisory practice and enhance the Company's core service offerings."

Accuity Releases Bankers Almanac Enhanced Due Diligence to Automate Risk Assessments for Financial Counterparty KYC

Technology, Finance, Consulting, Security, Banking, Professional services, Software, Networks, Internet, Bank regulation, Banking in India, Know your customer, RELX, KYC, Companies of the United Kingdom, Finance, Service industries
Wednesday, January 13, 2021 - 9:00am

Accuity, the leading global provider of financial crime screening, payment services, and know your customer (KYC) solutions, has announced the availability of Bankers Almanac Enhanced Due Diligence , a new solution that will enable banks to conduct efficient and effective KYC risk assessments of their financial counterparties within a single application.

Key Points: 
  • Accuity, the leading global provider of financial crime screening, payment services, and know your customer (KYC) solutions, has announced the availability of Bankers Almanac Enhanced Due Diligence , a new solution that will enable banks to conduct efficient and effective KYC risk assessments of their financial counterparties within a single application.
  • Accuity has brought together two of its solutions, Bankers Almanac: Counterparty KYC and Firco Compliance Link , to create an out-of-the-box' SaaS platform that automates the enhanced due diligence (EDD) reports and audit trails required to meet regulatory guidance.
  • Bankers Almanac Enhanced Due Diligence helps banks meet ever-increasing regulatory expectations, while improving operational efficiency and minimising the mounting cost of compliance.
  • Dalbir Sahota, VP Bankers Almanac KYC, commented Many of our clients across the globe want to make their financial counterparty KYC risk assessments more efficient and effective, and aspire to keep pace with the standards of the worlds largest banks.

Blockpass Provides KYC Services for Blitz Network

Identity verification service, Internet privacy, KYC, Know your customer, Computer Age Management Services
Monday, January 11, 2021 - 11:00am

As part of the financial landscape, Blitz Network requires KYC certification for larger volume users, which Blockpass will provide in a seamless and effective manner through its KYC Connect solution.

Key Points: 
  • As part of the financial landscape, Blitz Network requires KYC certification for larger volume users, which Blockpass will provide in a seamless and effective manner through its KYC Connect solution.
  • In addition, Blitz Network has made a strategic investment in Blockpass.
  • Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries.
  • "It's always rewarding to see a company in the financial sector embrace Blockpass' unique KYC solution," said Adam Vaziri, CEO of Blockpass.

ID Verification and Screening Firm SmartSearch Opens First U.S. Office

Bank regulation, Banking in India, Know your customer, Money laundering, Money, Finance, Cision, Service industries, Anti-money laundering software
Tuesday, December 1, 2020 - 4:00pm

LEHI, Utah, Dec. 1, 2020 /PRNewswire-PRWeb/ -- Leading ID check and Know Your Customer (KYC) SaaS software firm SmartSearch has opened its first office in the U.S., to deliver its award-winning digital solutions.

Key Points: 
  • LEHI, Utah, Dec. 1, 2020 /PRNewswire-PRWeb/ -- Leading ID check and Know Your Customer (KYC) SaaS software firm SmartSearch has opened its first office in the U.S., to deliver its award-winning digital solutions.
  • This new office will enable the company to make greater inroads into the U.S. market and protect more firms against fraud.
  • Verification of individuals takes less than two seconds and business verification takes a little longer at two to three minutes.
  • Its anti-money-laundering verification platform conducts comprehensive AML checks for the U.S. and international markets with automatic worldwide Sanctions and PEP screening.

CSI Partners with Featurespace for Anti-Money Laundering Solution to Combat Financial Crime

Professional services, Data management, Security, Technology, Software, Finance, Banking, Financial regulation, Money laundering, Tax evasion, Terrorism, Regulatory technology, Financial crime, Crime, Business law, AML, Articles, Know your customer
Monday, November 30, 2020 - 12:35pm

To empower its customers in the fight against financial crime, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions , has partnered with Featurespace, a leading provider of Enterprise Financial Crime prevention software, to launch a holistic anti-money laundering (AML) solution: WatchDOG AML.

Key Points: 
  • To empower its customers in the fight against financial crime, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions , has partnered with Featurespace, a leading provider of Enterprise Financial Crime prevention software, to launch a holistic anti-money laundering (AML) solution: WatchDOG AML.
  • WatchDOG AML protects against financial crime by identifying suspicious activity in real-time with an enterprise transaction monitoring system.
  • Computer Services, Inc. (CSI) delivers innovative financial technology and regulatory compliance solutions to financial institutions and corporate customers across the nation.
  • Featurespace is the world leader in enterprise financial crime prevention for fraud and Anti-Money Laundering.

iMeta Technologies Achieves ISO 27001

Bank regulation, Banking in India, Know your customer, ISO/IEC 27001 Lead Auditor, ISO/IEC 27001 Lead Implementer
Wednesday, November 18, 2020 - 8:03am

LONDON, Nov. 18, 2020 /PRNewswire/ -- iMeta has been awarded ISO 27001- the most widely recognised Information Security Certification:

Key Points: 
  • LONDON, Nov. 18, 2020 /PRNewswire/ -- iMeta has been awarded ISO 27001- the most widely recognised Information Security Certification:
    iMeta, a trusted provider of Onboarding and Client Lifecycle Management software and services, enables regulated organisations to accelerate customer journeys and ensure compliance with KYC Know your Customer and AML anti-money Laundering obligations, has achieved the ISO 27001 certification.
  • The ISO 27001 certification is the international best practice standard which demonstrates a company's commitment to the management of information security.
  • Receiving the ISO 27001 certification is a major accomplishment for iMeta Technologies as it reinforces the belief that information security is key to providing a first-class secure service to its customers and partners.
  • iMeta helps firms to rapidly onboard customers, manage their KYC and AML, streamline their processes, and optimize their business opportunities.

Acuant Joins Canada’s Digital Identity Organization to Impact a More Secure Future

Computer access control, Articles, Federated identity, Identity verification service, Internet privacy, Identity management, Computer security, Acuant, Digital identity, Information sensitivity, Know your customer
Tuesday, November 17, 2020 - 11:00am

As the expansion of the digital economy continues and with enterprises harvesting more sensitive data, securing the digital identity of citizens is of critical importance.

Key Points: 
  • As the expansion of the digital economy continues and with enterprises harvesting more sensitive data, securing the digital identity of citizens is of critical importance.
  • Acuant is dedicated to helping shape the future of identity services, which will respect the fundamental human rights of privacy in this digital age while building upon the foundations of trust and security.
  • With digital adoption increasing across all industries alongside increasing fraud, Acuant is at the forefront to ensure proper digital verification establishes trust between businesses and consumers.
  • Acuant'sTrusted Identity Platformpowers trust for all industries with automatedidentityverification, regulatory compliance (AML/KYC)and digital identity solutions.

Acuant Launches Acuant®GO No Code IDV and KYC Solutions for Agile Digital Transformation

Identity verification service, Internet privacy, Acuant, Know your customer, Anti-money laundering software
Tuesday, November 10, 2020 - 11:00am

LOS ANGELES, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Acuant , a leading global provider of identity verification solutions, today announcedthe launch of AcuantGO , a suite of no code solutions.

Key Points: 
  • LOS ANGELES, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Acuant , a leading global provider of identity verification solutions, today announcedthe launch of AcuantGO , a suite of no code solutions.
  • This release comes at a time when businesses in many industries must adapt to rapidly increasing demand for remote transactions.
  • AcuantGO allows businesses of all sizes to upgrade their existing workflows or start from scratch without the need for significant technical resources and a lengthy integration process.
  • AcuantsTrusted Identity Platformpowers trust for all industries with automatedidentityverification, regulatory compliance(AML/KYC)and digital identity solutions.

Moody’s Acquires Minority Stake in MioTech, a Provider of Alternative Data and Analytical Tools for ESG and KYC Markets in Greater China

Banking, Professional services, Environment, Finance, Service industries, Finance, Service companies, KYC, Know your customer, ESG, Moody's Corporation, Ethical investment, Ethical banking
Thursday, November 5, 2020 - 1:00am

Moodys Corporation (NYSE:MCO) announced today that it has acquired a minority stake in MioTech, a leading provider of alternative data and insights serving the environmental, social, and governance (ESG) and know your customer (KYC) markets in Greater China.

Key Points: 
  • Moodys Corporation (NYSE:MCO) announced today that it has acquired a minority stake in MioTech, a leading provider of alternative data and insights serving the environmental, social, and governance (ESG) and know your customer (KYC) markets in Greater China.
  • The investment reflects Moodys commitment to providing Chinas evolving financial markets with innovative ESG and KYC solutions.
  • MioTech uses artificial intelligence (AI) to track and scan alternative data sources related to ESG and KYC factors, supply chains, and financial information for over 800,000 public and private companies in China.
  • Our partnership will provide valuable data, analytics, and insights to Chinas domestic risk and investment markets.

Jumio Announces Video Verification Solution to Reduce Onboarding Time, Deter Financial Crime and Streamline KYC Compliance

Professional services, Security, Technology, Audio, Video, Mobile, Wireless, Software, Banking, Identity management systems, Mobile payments, Financial services, Jumio, Know your customer, Verification, Service industries, Money
Thursday, October 22, 2020 - 6:00am

With Jumio Video Verification , financial institutions can safely and securely onboard remote customers online with two-way video-based verification while ensuring KYC/AML compliance through an audit trail and qualified preservation of all recorded interviews.

Key Points: 
  • With Jumio Video Verification , financial institutions can safely and securely onboard remote customers online with two-way video-based verification while ensuring KYC/AML compliance through an audit trail and qualified preservation of all recorded interviews.
  • Jumio offers three modes of Video Verification:
    Assisted: Customers are identified through video assistance technology with dedicated or shared agents that interact in real-time via browser or mobile.
  • Dedicated agents are provided by Jumio and are exclusively focused on onboarding customers for a single financial institution.
  • To learn more about Jumio Video Verification, please watch this short two-minute video .