Articles from Unit21

Unit21, a global risk and compliance platform that proactively mitigates risks tied to fraud, money laundering, and other financial crime, unveiled its new suite of Anti-Money Laundering (AML) features to help financial institutions (FIs) like banks, credit unions and sponsor banks report fraud faster while maintaining FinCEN compliance at this week’s American Bankers Association Risk and Compliance Conference in Indianapolis.

Unit21, a global risk and compliance technology leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, announced the launch of its new scams solution that helps financial institutions and fintechs detect and stop scams before they cause financial harm.

Unit21, a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, announced the findings of its third annual State of Fraud and AML report today at Money2020.

Unit21, a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, today announced a new bundle of features for Automated Clearing House (ACH) transactions. These features use Generative AI (GenAI) and machine learning (ML) to help banks, credit unions, payments companies, and fintechs proactively detect and block risky transactions.

On Wednesday, July 17, global risk and compliance technology leader Unit21 will bring together the world’s top anti-money laundering, risk and fraud prevention experts for its inaugural Fraud Fighters Virtual Summit.

Unit21, a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, announced the launch of its advanced Check Fraud Prevention and Investigation features during this week’s American Banking Association’s (ABA) Risk and Compliance conference. This new suite of tools addresses the rising threat of check fraud, which causes increased financial losses across the banking industry each year.

Unit21, a company that proactively mitigates risk tied to money laundering, fraud, and other illicit activities, announced the launch of ACH Risk Scores and Action Event Rules today. These new features enable financial institutions to combat faster payment fraud and improve customer experience by unlocking near-instant funds for legitimate customers.

Unit21, a leading provider in risk and compliance solutions, today announced the launch of Real-Time Monitoring at Money20/20 to transform the landscape of risk management.

Unit21, the risk and compliance infrastructure company, is excited to share its $45 million Series C funding led by Tiger Global and South Park Commons in 2022. The funding has supported the growth of the Fintech Fraud DAO consortium, which is experiencing a surge in participation and now covers more than 10% of adult consumer transactions in the U.S. Unit21 is also pleased to introduce the first-ever "Fraud Fighters Manual," a book developed in collaboration with fintech leaders from Brex, Mercury, Lithic, and Treasury Prime that shares insights and lessons to prevent fraud.

Unit21 and other members of the U.S. consumer fintech community have come together to launch the Fintech Fraud Decentralized Autonomous Organization (DAO), a decentralized network that uses a collaborative data-sharing approach to identify and combat fraud.

Unit21, the San Francisco based company that is building no-code enterprise tools to fight financial crime, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”.