News
- News
September 2, 2021
Fincom
Fincom.co supports AML Name Screening in Chinese
Fincom.co is proud to announce that Phonetic Fingerprint Technology is now enhanced to include AML Name Screening in Chinese.“Our advanced AML Name Screening platform identifies 27,000 Chinese pictograms; there are over 50,000 characters, though a modern dictionary will rarely list...
- News
November 28, 2020
Fincom
Fincom.co is a RegTech 100 Company
Fincom.co is proud to announce that it has been selected as a RegTech100 company. The Fourth annual RegTech100 list announced to recognize the tech companies transforming compliance, risk management and cybersecurity The REGTECH100 is an annual list of 100 of the world’s...
- News
April 9, 2019
ThePower50
FINOVATE EUROPE 2019: INTERVIEW WITH FINCOM.CO
FINCOM.CO’s VP Sales and Marketing, Sheila Makleff is interviewed by The Fintech Power 50’s Christophe Langlois, at Finovate Europe 2019. They talked about compliance fintech, AML and digital identity. See the article source in ThePower50 …
- News
April 3, 2019
CCRMagazine
Proprietary Phonetic Fingerprint Technology to Fight Money Laundering Launches in the UK
To help UK financial institutions and businesses stamp out money laundering activities, remain compliant with legislation, and improve efficiencies, Israeli fintech start-up, FinCom.Co, today announces the launch of its services in the UK through the London Stock Exchange’s Issuer Services...
Events
- Events
Date: February 22-23, 2021
Location: Virtual
SIFMA – AML & Financial Crime Feb-2021
SIFMA – Anti Money Laundering & Financial Crimes Conference Two-day Conference on Anti-Money Laundering & Financial Crimes. Regulation & requirements for 2021, experience learned from enforcement and case studies; listen to industry perspectives on the latest developments in AML and...
- Events
Date: December 16, 2020
Location: Virtual
FinTech Junction 2020
FINTECH JUNCTION IS HAPPY TO SUPPORT FINASTRA’S HACKATHON The pandemic has intensified some of the world’s most challenging issues – poverty, inequality and exclusion to name but a few. Digital infrastructure and technology are providing the platform to transform access...
Blog
- Blog
September 9, 2021
US congress orders FinCen to stop discrimination in the financial industry
New US congressional legislation passed last month instructed FinCen of the Treasury Department to warn and make sure that financial institutions mainly banks stop the bias and discrimination embedded in their AML implemented tools. Under the section called “Automated Technologies...
- Blog
August 26, 2021
No one can win the fight against Sophisticated Money Laundering with Simple Technology
Screening of Names is a fundamental action that financial institutions & Fintech’s must perform as part of their AML compliance obligations, and this seemingly simple task is the main reason for the heavy fines by the regulators. The legal obligation...
- Blog
August 26, 2021
The UK Confirmation of Payee “COP” & the new SWIFT Bank Account Verification “BAV” Closing a huge loophole in the fight against Money Laundering
So, any unknown person Mr. X opens a bank account, and they pass the KYC process with flying colors, and no transaction from them or too them is alerted, all is fine as in most cases. Yet Mr. X has...
- Blog
August 24, 2021
FinCEN Issues $60 Million Penalty Against Bitcoin ‘Mixers’
U.S. Treasury’s FinCEN Issues $60 Million Penalty Against Operator of Bitcoin ‘Mixers’. The Wall Street Journal, Oct 19, 2020For the first time, FinCEN imposed a civil penalty against virtual currency mixers and tumblers. Cryptocurrency tumbler or cryptocurrency mixing offers the...
