SEC Charges Wells Fargo Advisors With Anti-Money Laundering Related Violations

By NS Banking Staff Writer

23 May 22

Wells Fargo Advisors failed to implement and to test a new version of its internal anti-money laundering (AML)…

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FCA review finds weaknesses in some challenger banks’ financial crime controls

By NS Banking Staff Writer

25 Apr 22

Challenger banks aim to compete with traditional high street banks using smarter technology and more up-to-date IT systems

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Singapore Payment Firm Thunes Takes Majority Stake in AML and Compliance Platform Tookitaki

By NS Banking Staff Writer

19 Apr 22

Adding Tookitaki to Thunes' global network addresses an urgent need for payments and other financial institutions to embed…

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TransUnion acquires identity service providers Neustar, Sontiq

By NS Banking Staff Writer

02 Dec 21

The acquisition of Neustar is the largest transaction for TransUnion and is expected to advance the company’s growth…

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NatWest pleads guilty to violation of money laundering regulations

By NS Banking Staff Writer

08 Oct 21

NatWest guilty plea indicates operational weaknesses between 2012 and 2016, where it failed to monitor accounts of the…

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Embracing a zero-trust security model

ByAbi Millar

29 Sep 21

Yuval Illuz, group chief information security officer at Standard Chartered Bank, describes the importance of a constantly evolving…

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CaixaBank, together with fraud prevention start-up Revelock, is developing an artificial intelligence solution to reinforce digital security

By NS Banking Staff Writer

21 Sep 21

Fraud prevention technology detects anomalies in typical user online behavior patterns to identify potential threats

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Swedbank Partners with ACI Worldwide to Combat Fraud and Comply with SCA

By NS Banking Staff Writer

07 Jul 21

ACI’s machine learning capabilities and consortium data underpin Swedbank’s strong customer authentication (SCA) exemption strategy

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Societe Generale, Kyriba partner to build new cloud treasury management solution

By NS Banking Staff Writer

14 Jun 21

Societe Generale’s corporate clients can access the complete treasury management solution based on Kyriba’s global cloud platform

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HSBC UK launches fraud awareness app to protect businesses from scams

By NS Banking Staff Writer

04 Jun 21

The app aims to arm businesses with information about new and emerging scam types

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