In the evolving world of cryptocurrency, compliance with Anti-Money Laundering (AML) regulations has become an important area of focus for industry players. The recent case involving OKX, a Seychelles-based cryptocurrency exchange, underscores the significant legal and financial repercussions of neglecting these critical compliance measures. With a penalty of over $500…
Truth Technologies Inc. is excited to announce our future attendance at the FIBA 2025 AML Compliance Conference in Miami, FL. At the conference, industry leaders and regulators will converge to tackle significant industry challenges, explore key issues, and exchange valuable insights on regulatory trends and best practices in financial crime prevention.…
As the Australian real estate sector braces for significant changes, the introduction of the Tranche 2 Legislation marks a pivotal shift in compliance expectations for various professionals within the industry. This legislation extends existing anti-money laundering (AML) laws to encompass real estate agents, property developers, conveyancers, lawyers, and accountants. With…
CITES is crucial in fighting illegal wildlife trade, which greatly threatens biodiversity. It strengthens international cooperation and legal frameworks to protect endangered species from over-exploitation. CITES partners with organizations like FATF to track financial transactions linked to wildlife crimes. This includes the use of Anti-Money Laundering (AML) and Know Your…
The evolving financial regulations spurred by globalization pose significant challenges, particularly for organizations involved in international transactions. The recent investigation by the Office of Foreign Assets Control (OFAC) into Russian accounts inherited by UBS from Credit Suisse highlights these complexities. Financial institutions must comply with Anti-Money Laundering (AML), Know Your…
A $2 billion fraud stresses the necessity of onboarding compliance. Financial institutions must leverage screening technologies within their compliance toolkit to guard against threats. Truth Technologies excels in AML, KYC, CFT, and PEP screening solutions, effectively protecting institutions from financial crimes. We’ll demonstrate how Truth Technologies strengthens your defenses. Ensuring…
The CRCA Conference 2024 in St. Maarten, held from October 16th to 18th, served as a prime chance for Truth Technologies Inc. to showcase our Sentinel Compliance Platform (SCP). It equips financial institutions with essential tools, enhancing risk management and ensuring adherence. Therefore, our goal was to build confidence in…
Truth Technologies Inc. proudly sponsored and participated in the ACAMS Conference in Las Vegas from September 23rd to 25th. This important event is a crucial hub for sharing new ideas and improvements in compliance. Our presence highlights our strong commitment to leading the way in compliance advancements. By connecting with…
Truth Technologies Inc. is happy to announce our future attendance at the FIBA 2024 AML Compliance Conference in Miami, FL. We're thrilled to be a part of this vibrant community of thought leaders, industry experts, and aspiring innovators. The Financial and International Business Association (FIBA) "is a non-profit trade association…
Vatican Cardinal Angelo Becciu Cardinal Giovanni Angelo Becciu was born in Pattada, Sassari, Italy, on June 2nd, 1948. On August 27th, 1972, Becciu became a priest. Pope Francis created and proclaimed Cardinal Becciu on June 28th, 2018. A Vatican cardinal is a senior ecclesiastical official within the Catholic Church whom…
Truth Technologies is an established, trusted provider of global risk compliance solutions. Our Sentinel application helps organizations meet their obligations for Anti-Money Laundering (AML) and Know-Your-Customer (KYC) regulations. Read more about our company.
