risk management solutions, compliance solution, kyc verification - KYC Portal CLM
First ever FinCrimeTech50 shines a light on the heavy hitters in the anti-financial crime industry and KYC Portal CLM has made it to the list for 2024!
In what is its first ever edition, specialist research company FinTech Global has officially launched the FinCrimeTech50, a new list of the most innovative tech companies who are leading the fight against money laundering, fraud and financial crime in financial services.
The current geopolitical and economic landscape has intensified the challenges faced by financial crime prevention teams. Rapid updates to PEPs and sanctions lists, the complexity introduced by the adoption of real-time payments, and the widespread adoption of artificial intelligence (AI) by both criminals and professionals pose significant challenges for compliance teams. This mounting pressure is prompting an increase in compliance budgets, with nearly 50% of firms exploring new technologies or capabilities to manage these challenges, according to a report from ComplyAdvantage.
Given this backdrop, the FinCrimeTech50 highlights the trend-setters in the world of anti-financial crime and financial fraud prevention space who are focused on supporting businesses in developing their financial crime risk management strategies. The finalists were selected by a distinguished panel of analysts and industry experts. The judges were given the task to review a list of over 400 nominated enterprises with FinTech Global providing detailed information on each business to help reach a decision.
FinTech Global director Richard Sachar said, “As global financial crime trends continue to rise, compliance teams face growing datasets that outpace traditional tools. Given this pressure financial institutions are increasingly turning to AI to improve their fraud prevention, biometrics, risk management tools, process automation, and data analytics. The FinCrimeTech50 list will help senior compliance professionals filter through all the solution providers in the market by highlighting the tech leaders in the market who can help financial institutions stay ahead of fraudsters and criminals in 2024 and beyond.
A complete list of the FinCrimeTech50 and further information about each company is available to download for free at
Malta: +356 2141 1400
UK: +44 (0) 114 392 0015
ALL ARTICLES - SITEMAP - Terms and Conditions - Privacy Policy
Images from Freepik