AML & KYC Monitoring Software News & Industry Blog

7 Sep 2019

Truth Technologies at age 23.

By |2019-09-06T21:52:22-04:00September 7th, 2019|

Truth Technologies was incorporated in 1996, 23 years ago. It was in many ways a trailblazer: It was an AML compliance solution based on a vision of future KYC regulations at a time when there were no KYC regulations yet. It was conceived as a Software as a Service (SaaS) anti money laundering and compliance solution before SaaS had a name and the internet developments were still slow. It developed a filtering technology before it had a name too. Several [...]

13 May 2019

Noah’s Ark Communities to Provide Residential Living

By |2019-05-13T11:46:08-04:00May 13th, 2019|

Noah’s Ark Communities to Provide Residential Living for Adults with Disabilities, focused on Autism   Naples, Florida, 03 May, 2019: Truth Technologies supports Noah’s Ark Communities a 501(c)(3) charitable organization providing a safe residential living, learning and work environment to individuals with developmental disabilities, with a focus on the autistic spectrum disorder. The organization’s mission is to develop residential villages nationally, serving about 120 individuals each. Residents of Noah’s Ark Communities typically will be age twenty-one and over because state-provided [...]

15 Apr 2019

24th annual ACAMS Conference

By |2019-04-15T11:21:54-04:00April 15th, 2019|

Truth Technologies exhibits at the 24th annual ACAMS Conference in Hollywood, Florida, April 15 – 17, 2019. ACAMS, the Association of Certified Anti-Money Laundering Specialists organizes this largest conference and tradeshow on financial crime since 1995. Truth Technologies, the pioneer in developing regulatory compliance technology solutions was represented at all 24 conferences. If you attend, we look forward meeting you (again) at Booth 602.  

11 Mar 2019

Truth Technologies is at FIBA AML 2019

By |2019-03-11T10:00:29-04:00March 11th, 2019|

Truth Technologies is at FIBA AML 2019, the Florida International Bankers Association’s Annual Anti Money Laundering Conference, Miami, March 11, 12 & 13, 2019. https://fibaaml.fiba.net/ FIBA AML is one of the major annual Conferences and Trade Shows where Truth Technologies, doing business as General FinTech in Florida presents its regulatory compliance technology solutions in the areas of anti-money laundering, anti-terrorist financing, sanctions, KYC, and anti-bribery regulations.    

4 Jan 2019

Truth Technologies at age 22!

By |2019-03-25T12:30:01-04:00January 4th, 2019|

Today Truth Technologies Inc. (TTI) enters its 23rd year in the business of regulatory compliance solutions.  In the history of financial crime compliance, TTI has been a trailblazer from the early beginnings in the development of anti-money laundering solutions more than 22 years ago. Founded by Egide Thein in late 1996, TTI offers state-of-the-art know-your-customer (“KYC”), counter-terrorism financing (“CTF”), anti-money-laundering (“AML”), customer identification program (“CIP”), sanctions and fraud detection solutions for any business that is subject to KYC, CTF, AML, [...]

23 Mar 2017

White collar crimes

By |2017-07-14T14:24:51-04:00March 23rd, 2017|

This is an excerpt of a remarkable article by Alice BrightSky, senior director of Fordham Law's compliance programs. Why People Commit White Collar Crimes (And How to Stop Them) ...Perpetrators of many white collar crimes were not career criminals who set out to defraud their employers, clients, and shareholders, but rather businessmen and women … who committed criminal acts in response to overwhelming personal pressures. One felon states … "Most white collar crimes are the cover-ups that come after a [...]

17 Aug 2014

Islamic banking in Luxembourg and the conflict of law

By |2017-07-14T14:19:50-04:00August 17th, 2014|

Islamic banking in Luxembourg and the conflict of law The financial center of Luxembourg, in its quest for diversification away from former niche banking made impossible through automatic reporting, has turned among others to Islamic Finance. Products formerly unknown are listed on the Luxembourg Stock Exchange, Parliament recently authorized the first Luxembourg Sukuk, and private banking based on Sharia is offered by many financial institutions. We are here at the intersection of Sharia and Luxembourg’s secular law. Conflicts will arise, [...]

16 Aug 2014

FedEx pleads not guilty to online pharmacy charges

By |2017-07-14T14:17:45-04:00August 16th, 2014|

FedEx pleads not guilty to online pharmacy charges As reported by CNBC: "The shipping company is accused of delivering controlled substances and prescription drugs from illegal Internet pharmacies despite multiple warnings from government authorities, according to a 15-count indictment filed earlier this month. Instead of closing the pharmacies' accounts, FedEx is accused of changing the shipping account classification." says the article. For insiders, the possibility of government doesn't surprise anymore, since UPS got under similar scrutiny last year. The general [...]

14 Aug 2014

US Corruption investigation looks for part of $1 billion bribes in Luxembourg

By |2017-07-14T14:22:25-04:00August 14th, 2014|

US Corruption investigation looks for part of $1 billion bribes in Luxembourg The Wall Street Journal reported today about the US Department of Justice's effort to seize $1 billion in bribes allegedly stemming from global telecom companies seeking licenses in Uzbekistan. The investigation has been underway at least since last year. A string of front companies close to the glamorous Gulnara Karimova, daughter of the immovable President of Uzbekistan Islam Karimov were used in the operation. Members of the excellent [...]

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