Anti-money laundering (AML) stories - Page 4

Europe's new AML rules mandate AI integration as legacy systems fail to detect complex financial crimes, urging banks to upgrade compliance technology now.

KuCoin has secured AUSTRAC registration, expanding its regulated digital currency services and bolstering compliance for Australian users with a new Sydney base.

SEON launches enhanced AML platform tools to help businesses manage complex cross-border compliance with flexible screening and investigative analytics.

OSINT enables supply chain leaders to uncover hidden risks like forced labour and sanctions, ensuring ethical practices and regulatory compliance globally.

BioCatch launches Connect 2.0, a platform using behavioural and device data to fight rising digital banking fraud and AI-driven financial crimes globally.

UK digital asset investments have shifted to institutional platforms, now capturing over 70% of funding with GBP £2.7 billion raised since 2015.

ThetaRay’s AI modules for AML and sanctions screening have gained key validation from Kaufman Rossin, aiding compliance with evolving US and EU regulations.

Cleanverse International launches a compliance-native layer in Singapore, linking verified identities to stablecoins for regulated, traceable on-chain finance.

UK conveyancing faces tougher anti-money laundering checks as 73% of law firms' suspicious activity reports link to property transactions.

Teachers Mutual Bank has sped up identity checks from three days to under a minute by upgrading to Boomi's real-time integration platform, enhancing member experience.

Nearly 24% of Instagram posts tagged as ‘quick-money’ offers are linked to money mule recruitment, posing major challenges for law enforcement and platforms.

InsightAI raised INR ₹11 million in pre-seed funding to expand its AI-driven anti-money laundering solutions across India and the Middle East markets.

New Zealand faces NZD $1.6bn in scam losses; criminologist urges tougher regulation on social media and telco firms to curb cybercrime syndicates.

IBM launches Digital Asset Haven, a secure blockchain platform for institutions, combining advanced custody features across 40+ blockchains from late 2025.

Global scam attempts have surged 65% over the past year, with smishing rising tenfold as banks worldwide battle increasing fraud risks.

Aleo Network Foundation appoints Yaya Fanusie as Global Head of Policy to lead privacy-focused blockchain payments amid global regulatory push.

Credas has launched its Compliance Wallet to reduce duplication and speed up property sector compliance checks with 15 million wallets available at launch.

MetaComp and OSL Group partner to build compliant cross-border digital finance infrastructure, linking Singapore and Hong Kong for faster, secure transactions.

SAS has been named Market Leader in AI-driven fraud and AML case management, praised for its stable platform and advanced cloud-native AI features.

Ethereum surged in July with a 127.7% rise in institutional holdings, leading a 13.3% crypto market growth driven by altcoins, stablecoins, and new regulations.