CFOtech Asia - Technology news for CFOs & financial decision-makers

Know your customer (KYC) stories - Page 9

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Chartis names SAS a Leader in anti-money laundering

Fri, 1st Apr 2022
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supply chain
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risk & compliance
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Chartis has named SAS a category leader in trade-based anti-money laundering (TBAML) for its broad end-to-end automation and deep risk analytics capabilities.
Fallback

Elevate Security appoints Kevin Senator as CRO

Fri, 18th Mar 2022
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risk & compliance
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cybersecurity
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cloud services
Elevate Security appoints Kevin Senator as CRO, Harris Schwartz as Field CISO, and Brian Duckering as VP of Marketing to drive growth and sales.
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Jumio to acquire 4Stop in mission to redefine end-to-end security

Fri, 10th Dec 2021
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encryption
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risk & compliance
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cybersecurity
Jumio is set to acquire data marketplace 4Stop, allowing organisations to manage customer identity within a single platform.
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Swarm Markets and Yoti make crypto more accessible

Mon, 13th Sep 2021
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crypto
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blockchain
Swarm Markets and Yoti are teaming up to offer crypto vouchers for verified users, providing a gateway to secure and regulated DeFi.
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Manual processes leave financial orgs open to risk, study shows

Thu, 26th Aug 2021
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supply chain
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risk & compliance
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digitisation
Two-thirds of banks, corporations and NBFIs are still using search engines for trade compliance, risking red flags and missed opportunities, says Accuity.
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Failed payments costing Asia Pacific organisations more than $41b every year - Accuity report

Wed, 21st Jul 2021
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martech
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commerce systems
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payment technologies
Failed payments are costing the global economy over US$118.5 billion, with organisations losing customers as a result.
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$118.5 billion lost in fees due to failed payments in 2020

Wed, 14th Jul 2021
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fintech
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martech
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commerce systems
Banks spent on average approximately $360,000 in 2020 on failed payments, whereas the average corporate firm spent just over $200,000.
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Global spending on financial crime compliance accelerates

Fri, 11th Jun 2021
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risk & compliance
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financial institutions
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lexisnexis
Global spending on financial crime compliance at financial institutions is forecast to reach US$213.9 billion in 2021.
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APAC financial firms bite down as crime compliance costs rise

Mon, 29th Mar 2021
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fintech
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risk & compliance
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financial institutions
The total projected cost of financial crime compliance within Asia Pacific firms reached US$12.06 billion, according to a new report.
Unbound

Cryptography orchestration reimagined for the enterprise

Wed, 10th Mar 2021
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encryption
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cybersecurity
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microsoft
Unbound has announced its new CORE platform, a next-generation solution offering that delivers comprehensive cryptography orchestration for enterprises.
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Asia Pacific FSIs pay $5.1 billion for breaching AML & data privacy

Fri, 5th Feb 2021
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data privacy
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financial institutions
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aml
Financial institutions in Asia Pacific accumulate over $10.6bn in penalties for non-compliance with regulations, says Fenergo.
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Ping Identity launches new verification service to reduce fraud

Wed, 3rd Feb 2021
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passwordless
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cybersecurity
Ping Identity launches PingOne Verify, a cloud service that simplifies customer onboarding and reduces fraud. It uses facial recognition and ID validation.
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Blockpass and Chainlink team up to deliver new solution to blockchain ecosystem

Tue, 5th Jan 2021
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blockchain
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blockpass
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chainlink
Blockpass has partnered with Chainlink to provide on-chain KYC data across multiple blockchains, offering secure identity verification services.
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Oracle rolls out anti-money laundering services for banks

Tue, 3rd Nov 2020
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hcm
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supply chain
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cybersecurity
Oracle Financial Crime and Compliance Management Cloud Services is an application suite designed for mid-sized banks and smaller financial institutions.
Fintech

How the best tech deals get done using tech

Fri, 30th Oct 2020
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document management
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ecm
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martech
Venture capital (VC) is a massive global industry, with record funding for startups, but tech isn't usually a factor. That's starting to change.
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Trulioo brings document verification with face ID to SMBs

Wed, 15th Jul 2020
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smb
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accenture
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online verification
New document verification and facial recognition features to help small-medium sized businesses protect against fraud and financial crime.
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deVere responds to growing demand for fintech solutions with new app

Tue, 23rd Jun 2020
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crm
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fintech
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martech
deVere Group launches Ident Me app for secure identity verification and notary services, adding to its fintech portfolio.
Gbg

GBG rolls out anti-fraud solutions to protect against financial crime

Mon, 3rd Feb 2020
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email security
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risk & compliance
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cybersecurity
GBG launches robust anti-fraud solutions, featuring the flagship Instinct Hub, to safeguard businesses and their clients in a complex digital landscape.
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Hands-on Review: Sennheiser Ambeo Sound Bar

Tue, 14th Jan 2020
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gaming
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data analytics
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martech
The thirteen drivers will have your sound bouncing off your walls while placing you in the centre of all the action.
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Interview: Cloudera on why analytics is key in the fight against financial crime

Mon, 2nd Dec 2019
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dr
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data analytics
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martech
Cloudera's Dr Richard Harmon highlights the critical role of data analytics in combating financial crime, urging a unified approach to enhance KYC capabilities.