The operator of the OKX cryptocurrency exchange has admitted to breaking anti-money laundering (AML) laws. As part of the plea, Aux Cayes FinTech — doing business as OKX —...
Another big bank CEO says that claims about politically motivated “debanking” are unfounded. In a speech before the Economic Club of Washington, D.C., Bank of America CEO Brian...
It’s almost 2025, but many businesses are still facing the same old anti-money laundering (AML) and know your customer (KYC) concerns, among other compliance requirements....
Until recently, blockchain’s potential impact within payments and commerce has been, well, somewhat blocked. But increasingly, financial service giants are turning their attention to unlocking...
How well do you know the organizations your business transacts with? And how well do they know your business? As the digital transformation accelerates, and...
As the regulatory gaze sharpens on FinTechs, the companies themselves are mindful that they need new tools and a new approach to operations, in order...
Axle Automation raised $2.5 million in a seed funding round to grow its artificial intelligence (AI)-powered anti-money laundering and know your customer (AML/KYC) solutions. The...
Business identity platform Niva has launched after raising $3.3 million for its verification solution, according to a Monday (July 8) news release. Verifying the identities of small and...
Identity verification and fraud prevention firm FiVerity is launching its Identity Trust Management platform. The platform integrates features such as enhanced know your customer (KYC)...