In recent years, the UAE has made extensive effort to strengthen the country’s anti-money laundering (AML) and counter-terrorist financing (CFT) framework. Due to the implementation of rigorous inspections and reforms, the UAE was officially removed…

As fraudsters and money launderers become more sophisticated and global regulatory expectations grow increasingly stringent, the need for an advanced and proactive transaction monitoring system is more critical than ever. Financial institutions, money exchange…

In today’s fast-evolving regulatory environment, AML compliance is no longer just about checking boxes, it is about safeguarding your business, reputation, and long-term growth. The difference between reactive and proactive…

FinchSCAN recently hosted an insightful and timely webinar titled “The Challenges for DNFBPs – AML Risks & Requirements.” The session aimed to spotlight a sector that is increasingly under regulatory scrutiny: Designated Non-Financial…

With the recent regulatory changes, designated non-financial businesses and professions (DNFBPs) in the UAE have a crucial responsibility of combatting financial crimes such as money laundering and terrorism financing. As per Cabinet Decision No. (10) of 2019…

In the realm of AML (Anti-Money Laundering), compliance for sanctions screening and PEP (Politically Exposed Person) screening are critical steps in the operational procedure, intended to protect financial institutions…

Finch Innovate, a leading provider of AI-powered AML compliance solutions, is proud to announce that it has been awarded the prestigious “RegTech of the Year” award in the FiNext Conference in Dubai.

In today’s fast-paced financial landscape, where digital payments and remittances dominate, ensuring security and trust is no longer optional—it is a necessity. As businesses navigate the complexities of payments and remittance services…