As financial crime grows in scale, speed, and sophistication, banks are increasingly turning to artificial intelligence, ...

Not only can federated learning reduce costs, but it can also increase the effectiveness of anti-money-laundering, say Gary Shiffman, Shelly Liposky and Rick Hamilton. Financial institutions can help ...

Company applies machine learning and automation to lower KYC screening expenses for financial institutionsCARLSBAD, CA, Jan.

Busway Inc., a leading provider of AML and KYC compliance solutions, today announced the launch of its next-generation platform designed to help organizations meet regulatory requirements with greater ...

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news ...

Busway Inc. CEO Ernie Honya is drawing attention to a growing challenge in the financial sector: the rising cost of Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance for startups and ...

Sumsub, the global full-cycle verification platform, today announces the launch of its AML Fundamentals course – a free, expert-led training designed to equip professionals across regulated industries ...

Danske Bank, Credit Suisse, Santander Bank UK, USAA Federal Savings Bank and Wells Fargo have all been subjected to significant fines, collectively amounting to about $2.2 billion, for various ...

Money laundering is a massive global problem estimated at 2-5% of global GDP (up to $2 trillion annually). In response to the ...