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 and businesses from risks of high magnitude. While both processes are essential for due diligence and as well as risk management, they fulfill unique functions.

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…

Finch Innovate, the sister company of Cinque Technologies, is excited to announce the launch of FinchSCAN, an innovative anti-money laundering (AML) screening portal designed to enhance fraud prevention…

The UAE’s Ministry of Economy has suspended the licenses of 32 gold refineries due to non-compliance with the anti-money laundering (AML) regulations. This action affects refineries representing 5% of the UAE’s gold sector.

Recently, the Central Bank of the UAE (CBUAE) revoked the license of an insurance broker operating in the UAE and struck its name off the Register. This action was taken due to the weak anti-money laundering (AML) compliance…

Finch Innovate is thrilled to have participated in the recent AMLC Conference organized by DNY Communications LLC.  The event provided an excellent platform to explore new AML compliance trends and the challenges faced by various industries in adhering to AML regulations.