Home AML AML Softwares

AML Softwares

This category will list down the news and details regarding some AML software solutions which are in the market

November 2016 GFTrade can be utilized by customs offices or other departments that experience financial loss due to trade misinvoicing and are motivated either by a desire to collect correct taxes and tariffs or to prevent trade-based money laundering. Officials at ports or at points of inspection, scanning, documentation, or...
June 19, 2018 One of the leading banks in Northwest Europe, ABN AMRO Bank N.V., has chosen ThetaRay's machine learning solution to improve the effectiveness and efficiency of post-transaction monitoring in controlling money laundering and terrorist financing risks. The scope of the activities is bank-wide and has been defined for period...
September 26 2017 Today, ZestFinance announces the release of a new anti-money laundering product, Zest for AML™, at the 16th annual ACAMS AML & Financial Crime Conference. Zest for AML enables lenders to prioritize and investigate alerts from their existing anti-money laundering systems, cutting investigation times by up to two-thirds...
May 8 2017 Banks are squandering £2.7 billion a year chasing false leads because outdated anti-money laundering (AML) systems have never been upgraded, according to research by AML technology experts, Fortytwo Data. Spend by banks and firms in other regulated industries on AML compliance is predicted to hit £6.4 billion globally...
March 22, 2017 Payment21® and ACI Worldwide today announced a strategic collaboration enabling payment service providers (PSPs) to offer merchants anti-money laundering (AML)-compliant Bitcoin acceptance via ACI’s UP eCommerce Payments solution. ACI’s network of more than 130 PSPs, serving more than 56,000 merchants, can now accept Bitcoin payments as a...
Executive Overview The stakes are higher than ever for compliance. Money launderers are increasingly turning their attention to jurisdictions with lax Anti- Money Laundering (AML) laws as well as to mid-size financial institutions. In their fight against financial crime including money laundering, compliance executives need to arm themselves with the right tools...