Anti-money laundering software

Anti-Money Laundering Global Market Outlook to 2027: Recent Mergers, Acquisitions, Collaborations, Agreements, Partnerships, Product Launches, and Expansions

Retrieved on: 
Monday, December 19, 2022

DUBLIN, Dec. 19, 2022 /PRNewswire/ -- The "Anti-Money Laundering: Global Market Outlook" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 19, 2022 /PRNewswire/ -- The "Anti-Money Laundering: Global Market Outlook" report has been added to ResearchAndMarkets.com's offering.
  • The scope of the study includes anti-money laundering development platforms and associated services, and services associated with the platform.
  • The report provides an overview of the global anti-money laundering market and analyses market trends.
  • In the recent years, anti-money laundering has become one of the most important compliance requirements for banking and financial institutions.

New Analysis from Global Industry Analysts Reveals Steady Growth for Anti-Money Laundering Software, with the Market to Reach $3.6 Billion Worldwide by 2026

Retrieved on: 
Tuesday, August 31, 2021

SAN FRANCISCO, Aug. 31, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Anti-Money Laundering Software - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Aug. 31, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Anti-Money Laundering Software - Global Market Trajectory & Analytics" .
  • We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies.
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

IDnow introduces automated identity verification for highly regulated use cases

Retrieved on: 
Thursday, August 12, 2021

MUNICH, Aug. 12, 2021 /PRNewswire/ -- IDnow, a leading European Platform-as-a-Service provider for identity verification, is expanding its automated solution AutoIdent for additional highly regulated use cases, including areas regulated by the Anti Money Laundering Act (AML/GwG), such as banks and financial service providers.

Key Points: 
  • MUNICH, Aug. 12, 2021 /PRNewswire/ -- IDnow, a leading European Platform-as-a-Service provider for identity verification, is expanding its automated solution AutoIdent for additional highly regulated use cases, including areas regulated by the Anti Money Laundering Act (AML/GwG), such as banks and financial service providers.
  • IDnow AutoIdent is an AML Act compliant identity verification solution that operates as an automated process and meets the high-security requirement.
  • The IDnow platform, which includes AutoIdent as a building block, effortlessly orchestrates all necessary components into a seamless, secure and AML-compliant identity verification.
  • IDnow is a leading identity verification platform in Europe with a vision to make the connected world a safer place.

IDnow introduces automated identity verification for highly regulated use cases

Retrieved on: 
Thursday, August 12, 2021

MUNICH, Aug. 12, 2021 /PRNewswire/ -- IDnow, a leading European Platform-as-a-Service provider for identity verification, is expanding its automated solution AutoIdent for additional highly regulated use cases, including areas regulated by the Anti Money Laundering Act (AML/GwG), such as banks and financial service providers.

Key Points: 
  • IDnow enables an automated identity verification solution for highly regulated use cases, complying with Anti-Money-Laundering-Law in Europe, including Germany.
  • MUNICH, Aug. 12, 2021 /PRNewswire/ -- IDnow, a leading European Platform-as-a-Service provider for identity verification, is expanding its automated solution AutoIdent for additional highly regulated use cases, including areas regulated by the Anti Money Laundering Act (AML/GwG), such as banks and financial service providers.
  • IDnow AutoIdent is an AML Act compliant identity verification solution that operates as an automated process and meets the high-security requirement.
  • IDnow is a leading identity verification platform in Europe with a vision to make the connected world a safer place.

Global Anti-Money Laundering Software Market Report 2021-2025: Market is Poised to Grow by $2.09 Billion - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 17, 2021

The "Global Anti-Money Laundering Software Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Anti-Money Laundering Software Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.
  • The publisher has been monitoring the anti-money laundering software market and it is poised to grow by $2.09 billion during 2021-2025, progressing at a CAGR of over 14% during the forecast period.
  • The report on the anti-money laundering software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.

Anti-Money Laundering Software Market to grow by USD 2.09 billion through 2025|Impacts of Drivers and Challenges|Technavio

Retrieved on: 
Tuesday, May 25, 2021

The " Anti-Money Laundering Software Market by Deployment and Geography - Forecast and Analysis 2021-2025 " report has been added to Technavio's offering.

Key Points: 
  • The " Anti-Money Laundering Software Market by Deployment and Geography - Forecast and Analysis 2021-2025 " report has been added to Technavio's offering.
  • The anti-money laundering (AML) software market is set to grow by USD 2.09 billion, progressing at a CAGR of over 14% during 2021-2025.
  • The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
  • This will create considerable demand for the anti-money laundering software market, thereby opening several growth opportunities for market vendors.

AML Analytics Launches Red Flag Tests To Health Check Transaction Monitoring Systems

Retrieved on: 
Thursday, May 6, 2021

b'LONDON, May 6, 2021 /PRNewswire/ -- As part of its expansion of anti-money laundering (AML) solutions for transaction monitoring systems, AML Analytics has announced the launch of Red Flag Tests.\nRed Flag Tests has been created by expert RegTech and SupTech developers at AML Analytics as part of their portfolio of solutions to support financial institutions (FIs) in the regulated sector.Using synthetic data to validate transaction monitoring system rules, Red Flag Tests will help analysts understand if a system is working correctly to mitigate financial crime risks.

Key Points: 
  • b'LONDON, May 6, 2021 /PRNewswire/ -- As part of its expansion of anti-money laundering (AML) solutions for transaction monitoring systems, AML Analytics has announced the launch of Red Flag Tests.\nRed Flag Tests has been created by expert RegTech and SupTech developers at AML Analytics as part of their portfolio of solutions to support financial institutions (FIs) in the regulated sector.Using synthetic data to validate transaction monitoring system rules, Red Flag Tests will help analysts understand if a system is working correctly to mitigate financial crime risks.
  • This AML Analytics solution makes it easier for analysts by sorting complex rules into Smart Scenarios.\nRed Flag Tests is the newest solution from AML Analytics and a rapid global uptake of this technology is expected due to its innovative abilities to uncover inefficiencies in a transaction monitoring system.\nRed Flag Tests uses millions of synthetic transactions to identify weaknesses in a transaction monitoring system\'s alerting capabilities so that analysts can eliminate time-wasting inaccuracies and tune the system to drive increased performance.\n"Red Flag Tests plays an essential part in the AML compliance programmes of financial institutions as a vital means of mitigating financial crime risks.
  • It brings reassurance that a transaction monitoring system is working correctly, meaning that the system is able to identify and capture suspicious or unusual transactions.
  • "\nA Red Flag is a regulatory-based indicator that highlights potential illegal activity in an account.

AML Analytics Launches Red Flag Tests To Health Check Transaction Monitoring Systems

Retrieved on: 
Thursday, May 6, 2021

b'LONDON, May 6, 2021 /PRNewswire/ -- As part of its expansion of anti-money laundering (AML) solutions for transaction monitoring systems, AML Analytics has announced the launch of Red Flag Tests.\nRed Flag Tests has been created by expert RegTech and SupTech developers at AML Analytics as part of their portfolio of solutions to support financial institutions (FIs) in the regulated sector.Using synthetic data to validate transaction monitoring system rules, Red Flag Tests will help analysts understand if a system is working correctly to mitigate financial crime risks.

Key Points: 
  • b'LONDON, May 6, 2021 /PRNewswire/ -- As part of its expansion of anti-money laundering (AML) solutions for transaction monitoring systems, AML Analytics has announced the launch of Red Flag Tests.\nRed Flag Tests has been created by expert RegTech and SupTech developers at AML Analytics as part of their portfolio of solutions to support financial institutions (FIs) in the regulated sector.Using synthetic data to validate transaction monitoring system rules, Red Flag Tests will help analysts understand if a system is working correctly to mitigate financial crime risks.
  • This AML Analytics solution makes it easier for analysts by sorting complex rules into Smart Scenarios.\nRed Flag Tests is the newest solution from AML Analytics and a rapid global uptake of this technology is expected due to its innovative abilities to uncover inefficiencies in a transaction monitoring system.\nRed Flag Tests uses millions of synthetic transactions to identify weaknesses in a transaction monitoring system\'s alerting capabilities so that analysts can eliminate time-wasting inaccuracies and tune the system to drive increased performance.\n"Red Flag Tests plays an essential part in the AML compliance programmes of financial institutions as a vital means of mitigating financial crime risks.
  • It brings reassurance that a transaction monitoring system is working correctly, meaning that the system is able to identify and capture suspicious or unusual transactions.
  • "\nA Red Flag is a regulatory-based indicator that highlights potential illegal activity in an account.

Acuant Announces the Acquisition of Hello Soda to Strengthen Its Trusted Identity Platform and Global Position in Digital Identity

Retrieved on: 
Tuesday, May 4, 2021

b'LOS ANGELES, May 04, 2021 (GLOBE NEWSWIRE) -- Acuant ,\xc2\xa0the global trusted identity platform for fraud prevention and AML compliance, today announced the completion of the acquisition of Hello Soda as part of their continued investment and commitment to innovative technology.

Key Points: 
  • b'LOS ANGELES, May 04, 2021 (GLOBE NEWSWIRE) -- Acuant ,\xc2\xa0the global trusted identity platform for fraud prevention and AML compliance, today announced the completion of the acquisition of Hello Soda as part of their continued investment and commitment to innovative technology.
  • Hello Soda is a global provider of identity verification and KYC solutions headquartered in the UK with focus on the European and Asian markets.
  • With industry leading identity verification, regulatory compliance (AML/KYC) and digital identity solutions powered by AI and human assisted machine learning, Acuant delivers unparalleled results and operational efficiency.
  • Completing more than 1.5 billion transactions in over 200 countries and territories, Acuant powers trust in every major industry.\n'

Arachnys KYC Survey Confirms Industry Demand for Automation of Customer Monitoring

Retrieved on: 
Thursday, April 29, 2021

b'LONDON, April 29, 2021 /PRNewswire/ -- The 2021 Arachnys AML/KYC Data Survey also found:\nBuilding on the great insights of their 2020 survey, Arachnys globally surveyed 172 AML & KYC professionals, with 60% working in the financial sector.

Key Points: 
  • b'LONDON, April 29, 2021 /PRNewswire/ -- The 2021 Arachnys AML/KYC Data Survey also found:\nBuilding on the great insights of their 2020 survey, Arachnys globally surveyed 172 AML & KYC professionals, with 60% working in the financial sector.
  • Coupled with this requirement, is an obvious demand in the ability to automate the monitoring of customer changes and building a more accurate and proactive risk picture.
  • Automated tools that identify customer risk through continuous monitoring, while only surfacing what is new, save time and enhance the control environment.
  • "\nArachnys accelerates onboarding and monitoring by providing the best global KYC and AML data.