Venture Fund "Sberbank2" invests in IdentityMind
Today , SBT Venture Capital announced a decision to invest in the American company IdentityMind . This company is developing solutions to mitigate the impact of financial perceptions. In this case, the amount of investment was not disclosed. Three investors participated in the current investment round.
The IdentityMind service itself is creating relatively inexpensive and effective tools for detecting fraud, such tools are willingly used by banks, as well as other companies engaged in online trading.
It is worth noting that in 1986 in the United States, the Law on Bank Secrets of 1970 was supplemented and expanded. The law added some methods of combating money laundering, significantly tightening the requirements for such measures to banks. As a result, large banks can be fined billions of dollars for non-compliance with state requirements.
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In 2012, HSBC Holdings Plc paid $ 1.9 billion in fines, and the bank did not sufficiently control money laundering in its clients ’accounts.
The IdentityMind service itself is creating relatively inexpensive and effective tools for detecting fraud, such tools are willingly used by banks, as well as other companies engaged in online trading.
It is worth noting that in 1986 in the United States, the Law on Bank Secrets of 1970 was supplemented and expanded. The law added some methods of combating money laundering, significantly tightening the requirements for such measures to banks. As a result, large banks can be fined billions of dollars for non-compliance with state requirements.
')
In 2012, HSBC Holdings Plc paid $ 1.9 billion in fines, and the bank did not sufficiently control money laundering in its clients ’accounts.
Source: https://habr.com/ru/post/286810/
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