Tag: Compliance
UK Issues Record Fine for Russian Sanctions Breach
A UK fintech firm has received the country's biggest penalty yet for breaking Russian financial sanctions. The fine highlights growing pressure on companies to...
ioNova AI Launches Service to Fix ISO 20022 Payment Data
ioNova AI has rolled out a new tool that turns messy payment address details into clean ISO 20022 messages. The launch targets banks and...
UK Payment Firms Get AI AML Tool for Africa Corridors
A Lagos company has brought its AI compliance system to Britain. The move targets payment firms that handle money flows to African markets. It...
Deutsche Bank Uses AI to Speed Up Vendor Risk Reviews
Deutsche Bank has started using artificial intelligence to handle third party vendor risk reviews. The move aims to replace slow manual checks with faster...