California-based artificial intelligence (AI) and machine learning (ML) platform Cleareye.ai has announced that its strategic alliance with J P Morgan’s trade and working capital operations went live with the ClearTrade Compliance module in January. The module automates the identification of high-risk… Read More ›

Artificial intelligence
Wolfsberg Group publishes guidance on AI/ML in financial crime compliance
The Wolfsberg Group has published guidance on artificial intelligence and machine learning (AI/ML), which the association of 13 global banks believes can have, and are already having, a significant impact on improving the effectiveness and efficiency of financial crime compliance… Read More ›
J P Morgan strategic alliance with Cleareye.ai to identify TBML and sanctions red flags
J P Morgan has entered into a global strategic alliance with California-based artificial intelligence (AI) and machine learning (ML) platform Cleareye.ai to digitise trade finance due diligence processing. The alliance aims to identify trade-based money laundering (TBML) and sanctions red… Read More ›
TradeSun launches real-time offering to tackle dual-use goods and Russia sanctions
TradeSun, an artificial intelligence (AI) platform for financial crime prevention and compliance in trade, has launched a real-time offering to detect and intercept financial transactions involving dual-use goods from Russia and Belarus, as well as vessels entering sanctioned areas amid… Read More ›
Financial crime specialists expect to benefit from Danske Bank’s trade finance collaboration with Conpend
Danske Bank has announced plans to digitise its trade finance processes through a collaboration with Conpend for use of its Trade AI app to automatically check against anti-money laundering (AML), know your customer (KYC) and sanctions regulations. Trade AI employs… Read More ›
Blockchain and artificial intelligence offer opportunities to curb illicit trade says TBML focused US senator
Sophisticated modern tools such as blockchain and artificial intelligence offer opportunities to see and analyse information and root out illicit trade according to a US senator who for years has been calling for more action to curb trade-based money laundering… Read More ›
Startup maps customers and suppliers, potentially identifies TBML networks
A New York City-based startup aims to launch an artificial intelligence (AI) based platform that could help detect trade-based money laundering (TBML). The platform aims to bring transparency to the supply chain on a global scale by providing an international… Read More ›
Windward’s AI-powered solution to aid TBML screening, trade finance practices and compliance at Mauritius Commercial Bank
Mauritius Commercial Bank (MCB) has agreed a long-term, multi-year partnership with artificial intelligence- (AI-) focused regtech, Windward, that aims to enhance the bank’s due diligence and monitoring processes linked to its commodity trade finance business. The bank chose Windward as… Read More ›