J P Morgan’s invests in digital TBML and sanctions red flag platform Cleareye.ai

J P Morgan has made a strategic investment in California-based artificial intelligence and machine learning platform, Cleareye.ai, a financial technology firm focused on trade finance, the companies have announced. The firm’s ClearTrade Platform helps companies to identify trade-based money laundering (TBML) and sanctions red flags, automates manual…

Financial institutions urged to understand illegal wildlife and timber trafficking and share information with FIUs

It is imperative that financial institutions acquire a thorough understanding of the patterns, transfer typologies and other relevant factors to identify suspicious transactions associated with the illegal wildlife and timber trafficking trades according to a new guide by environmental groups TRAFFIC and WWF. The 86-page…