Oracle studies scammers, embeds AI into AML to thwart them
Tech company Oracle is developing anti-money laundering tools with gen AI amid climbing fraud and financial crime. Nearly $2 trillion ...
Tag: AML
European Central Bank taps Feedzai’s AI tools for fraud, AML detection
The European Central Bank is tapping fraud mitigation service provider Feedzai to secure its upcoming payment channel, the digital euro. ...
Inside TD Bank’s anti-money laundering effort
TD Bank is investing in its anti-money laundering efforts via technology, systems and personnel as it continues to restructure on ...
How Nasdaq Verafin is looking to save banks up to 16K hours annually with agentic AI for anti-money laundering
Nasdaq Verafin is adding agentic AI capabilities to its AI-driven anti-money laundering solutions, in an effort to streamline its fight ...
Fintech funding expected to rebound in 2025, experts say
Fintech funding will rebound in 2025 on the heels of improving macroeconomic conditions and a clearer regulatory framework after experiencing ...
TD money laundering head Mazariegos exits, Sanjuas promoted
Toronto-Dominion Bank is promoting one of its top US anti-money-laundering executives, Jacqueline Sanjuas, to a role that will see her ...
Valley Bank cuts AML false positives 65% using AI
Valley Bank is investing in anti-money laundering capabilities as its peers face regulatory repercussions for AML practices. The $62 billion ...
Movers and Shakers: Symes to be new CFO at Checkout.com
Payments service provider Checkout.com has appointed Philip Symes as its interim chief financial officer, according to a release from the ...
TD Bank spends on anti-money laundering tech
TD Bank is investing in technology for anti-money laundering compliance after the U.S. Department of Justice fined the bank $3 ...
BofA says U.S. may take action over money laundering, Zelle
Bank of America Corp. said US regulators may take action against the firm over its efforts to detect suspected money ...
