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Afterpay Limited is an Australian technology company and a buy now, pay later (BNPL) lender. Founded in 2014 by Nick Molnar and Anthony Eisen, it is now owned by Block, Inc. As of 2023, Afterpay serves 24 million users, processes US$27.3 billion in annual payments, and ranks among the three most-used BNPL services globally.
Zip Co Limited is a digital financial services company with operations in Australia, New Zealand and the USA. According to their FY24 Annual Results, across the group they had 6.0 million active customers, total transaction volume of A$10.1 billion, revenue of A$868.0m, and cash gross profit of A$372.9m.
ComplyAdvantage, founded in 2014, is a RegTech company that provides software to help detect and manage risks associated with AML and Fraud. The company uses artificial intelligence, machine learning and natural language processing to help regulated organisations manage risk obligations and counteract financial crime.
Financial regulation in India is governed by a number of regulatory bodies. Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system. This may be handled by either a government or non-government organization. Financial regulation has also influenced the structure of banking sectors by increasing the variety of financial products available. Financial regulation forms one of three legal categories which constitutes the content of financial law, the other two being market practices and case law.
The Anti-Money Laundering Improvement Act (AML) is a collection of regulations and laws in the United States aimed at combating money laundering and terrorist financing. The act builds upon the Bank Secrecy Act (BSA), the first anti-money laundering enforcement law.
References
- ↑ "Kyckr Company, Kathy Phelan CEO". www.kyckr.com. July 2023.
- ↑ "Kyckr Board Changes". www.asx.com.au. 18 August 2021.
- ↑ "Shareholder".
- ↑ "Kyckr Ltd, KYK:ASX profile - FT.com". markets.ft.com. Retrieved 18 May 2018.
- ↑ "Global AML and Financial Crime TechSprint". 15 May 2018.
- ↑ "Deploying Regtech Against Financial Crime - The Institute of International Finance". www.iif.com. 27 March 2017.
- ↑ "Matchi.biz - Canadian Institute Fintech Challenge - Winners Announcement". matchi.biz.
- ↑ "Matchi.biz - BankTech Asia Fin5ive Challenge Winners Announcement". matchi.biz.
- ↑ "ASX Announcement" (PDF). clients3.weblink.com.au.
- ↑ "Waterford firm signs deal with Bloomberg". RTE.ie. 20 July 2017. Retrieved 20 July 2017.
- ↑ "Kyckr Limited IPO's on the Australian Stock Exchange - Enterprise Ireland". www.enterprise-ireland.com. Retrieved 20 July 2017.
- ↑ "Kyckr gets a lift after signing data services deal with IBM". 26 September 2017.
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