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Azentio's AI-Driven Amlock Platform Sets New Benchmark in AML Compliance
Azentio's AI-Driven Amlock Platform Sets New Benchmark in AML Compliance

Arabian Post

time22-05-2025

  • Business
  • Arabian Post

Azentio's AI-Driven Amlock Platform Sets New Benchmark in AML Compliance

Azentio Software has launched its next-generation Amlock anti-money laundering platform, integrating advanced artificial intelligence and machine learning to enhance detection accuracy, streamline compliance processes, and adapt to evolving regulatory landscapes. The revamped Amlock platform offers a comprehensive suite of features designed to assist financial institutions in identifying and managing financial crimes. Key enhancements include AI-powered risk scoring, intelligent alert triage, and automated case management, all aimed at reducing false positives and operational workloads. Financial institutions utilizing Amlock have reported a significant decrease in false positives—up to 40%—and a reduction in compliance costs by at least 20%. Notably, these institutions have maintained a record of zero AML-related regulatory fines, underscoring the platform's effectiveness in ensuring compliance. ADVERTISEMENT The platform's modular architecture allows for seamless integration with existing systems and scalability to accommodate institutions of varying sizes. Its capabilities extend across the customer lifecycle, from onboarding and Know Your Customer processes to transaction monitoring and regulatory reporting. Amlock's AI-enhanced features include advanced matching algorithms for customer and transaction screening, centralized alert and case management systems, and dynamic risk scoring mechanisms. These tools enable institutions to maintain an up-to-date understanding of customer risk profiles and respond proactively to potential threats. The platform also incorporates over 400 pre-configured rules tailored for banking, lending, insurance, and fintech sectors. Its AI components continuously learn from new data, improving accuracy and focusing investigative efforts on genuine threats. Azentio's commitment to innovation in AML solutions has been recognized by industry analysts. The company was named a Leader in the SPARK Matrix™: Anti-Money Laundering Solutions, 2025 by QKS Group, reflecting its excellence in technology and customer impact. Financial institutions across various regions have adopted Amlock to strengthen their AML frameworks. For instance, Kurdistan International Islamic Bank implemented the platform to enhance compliance and financial security infrastructure. Similarly, Ghana-based digital payment solutions company BigPay integrated Amlock to standardize transaction processing and improve regulatory compliance. Azentio's strategic partnerships, such as with MoData, have further expanded the reach of Amlock, providing clients across Africa and the Middle East with robust AML solutions. The platform's adaptability and comprehensive features make it a valuable tool for institutions aiming to fortify their defenses against financial crimes.

Bobby Sherman's Wife Says Singer's Stage 4 Cancer Has ‘Spread Everywhere': ‘Everything's Shutting Down'
Bobby Sherman's Wife Says Singer's Stage 4 Cancer Has ‘Spread Everywhere': ‘Everything's Shutting Down'

Yahoo

time04-04-2025

  • Entertainment
  • Yahoo

Bobby Sherman's Wife Says Singer's Stage 4 Cancer Has ‘Spread Everywhere': ‘Everything's Shutting Down'

In a new update, Bobby Sherman's wife, Brigitte Poublon, opened up about the singer's health and life away from the spotlight. Brigitte told Fox News Digital that Bobby, 81, is "terminally ill' with stage 4 kidney cancer that has 'spread everywhere" in an interview that was published on Wednesday, April 2. "He was doing crossword puzzles with me in the last few days. And then all of a sudden Saturday, he turned around and … he's just sleeping more and his body's not working anymore. It's not. Everything's shutting down," she told the outlet of her husband's condition. She said that the 'Little Woman' singer would like "to be left in peace" and spend time with his loved ones amid his cancer battle. "His last words from the hospital last night were, 'Brig, I just want to go home,'" Brigitte revealed. On March 25, she publicly revealed Bobby's cancer diagnosis in a post on Facebook and thanked fans for their support. 'To all of Bobby Sherman's cherished fans,' Brigitte wrote in the post. 'As many of you know, Bobby has been retired for some time and is no longer able to participate in cameos, sign autographs, or make appearances.' 'It is with a heavy heart that we share Bobby has recently been diagnosed with stage 4 cancer,' the post continued. 'During this challenging time, we kindly ask for your understanding and respect for our privacy. Thank you so much for still remembering him. We really appreciate it.' Fans of the star gathered in the comments section of the Facebook post to show their support for Bobby. 'My heart breaks for Bobby and his family. He has been such a positive influence on my life from that Bobby concert when I was 7 sitting in the balcony, waving the peace sign - to exchanging a few letters with him about my writing — to meeting him in 1998 at a teen idol concert in Myrtle Beach - to singing along with Hey Mr. Sun every morning of the pandemic to get me through — Bobby, thank you so very much for being you and for sharing your talent and your character with us. Praying for you,' one person commented on the post. 'So very sorry to hear this. Will keep him in my prayers. He's been so gracious to so many over the years,' another person wrote. 'Thank you for letting us know. I loved him in Here Comes the Bride. He has given so much of himself to so many fans over the years; sharing his gifts, talents and kindness with us,' someone else commented on the post. The couple has been married for over a decade and have worked together on philanthropic efforts over the years, including launching the Brigitte and Bobby Sherman Children's Foundation, 'a Ghana-based youth center dedicated to blending music and education together.' Brigitte said that Bobby has received support from his famous friends, including Full House alum John Stamos, who became an ambassador for the Brigitte and Bobby Sherman Children's Foundation. "John's been very great about giving support the last few years too," she told the outlet.

At least 7,000 have died in Congo this year, country's PM tells UN's human rights council
At least 7,000 have died in Congo this year, country's PM tells UN's human rights council

CBC

time24-02-2025

  • Politics
  • CBC

At least 7,000 have died in Congo this year, country's PM tells UN's human rights council

Social Sharing Some 7,000 people have died since January in fighting in the eastern Democratic Republic of Congo, the prime minister of the DRC told a high-level meeting of the Human Rights Council in Geneva on Monday, with combatants and civilians among the dead. About 3,000 deaths were reported in Goma, Judith Suminwa said. Since January, the M23 rebel group, which Kinshasa accuses Rwanda of backing, has captured swathes of eastern Congo, including the cities of Goma and Bukavu, and valuable mineral deposits. The latest fighting, and M23's advance, are part of a major escalation in eastern Congo in a conflict over power, identity and resources dating back to the Rwandan genocide in the 1990s. UN chief Antonio Guterres, at the Geneva meeting, said human rights around the world were being "suffocated" and made reference to horrifying abuses in the Democratic Republic of Congo. Allegations of 'summary executions' Rwanda rejects allegations from Congo, the United Nations and Western powers that it supports M23 rebels with arms and troops. Suminwa urged the world to act and to impose "dissuasive sanctions" on Rwanda amid mass displacements and summary executions. "It is impossible to describe the screams and cries of millions of victims of this conflict," she said. Kambale Musavuli, a Ghana-based analyst with the Center for Research on the Congo-Kinshasa, told CBC News Network on Sunday that "every day we are getting reports of summary executions of young Congolese who are refusing to join [M23]." Musavuli said that a diplomatic situation is needed, and that the international community has a stake in what transpires. "[Prime Minister Justin] Trudeau should be engaged in this process, holding Canadian companies accountable for pilfering Congo resources," he said. In Brussels, European Union foreign policy chief Kaja Kallas said the EU will review its agreement with Rwanda over critical raw materials due to the country's links with M23 rebels in the DRC. The U.S. Treasury Department last week sanctioned Lawrence Kanyuka Kingston, a spokesperson for M23, but also James Kabarebe, a Rwandan minister of state for regional integration. The U.S. alleges Kabarebe is a liaison to M23 who "orchestrates [Rwandan Defence Forces] support for the armed group." Rwanda's government said it considered the Kabarebe sanction "unjustified and unfounded." WATCH l Kambale Musavuli speaks to CBC on deteriorating conditions in the Congo: CBC's Marianne Dimain speaks with a Policy Analyst at the Center for Research on the Congo-Kinshasa 1 day ago Duration 6:34 Get the latest on the CBC News App, and CBC News Network for breaking news and analysis. Burundi deals with Congolese influx Suminwa warned that the worsening security situation with M23 and other armed groups could spill over to neighbouring countries, posing a danger to them. "If this question of the violation of territorial integrity isn't resolved, the situation could degenerate," Suminwa told Reuters in a press briefing after her address to the Council. About 40,000 people have fled to Burundi, one of the nine countries that borders the DRC, in the preceding two weeks to escape the fighting, the UN said on Friday. Brigitte Mukanga-Eno, representative for the UN Refugee Agency, told CBC's As It Happens last week that some even used jerrycans as flotation devices to cross via the Ruzizi River between the countries. "This influx is the biggest that Burundi has seen in so many years," she said. The refugees are mostly women and children, she said, with thousands temporarily placed in open-air conditions at Rugombo Stadium in Rubombo, Burundi. Aid groups are scrambling to both get plastic tents for the new arrivals as well as find a more suitable place to shelter them.

Post falsely claims Trump's deportation order does not affect Nigerians
Post falsely claims Trump's deportation order does not affect Nigerians

Yahoo

time06-02-2025

  • Politics
  • Yahoo

Post falsely claims Trump's deportation order does not affect Nigerians

'I congratulate all Nigerians in the US,' reads the caption of an X post published on January 27, 2025, and shared more than 300 times. The post includes a chart titled 'Final Removal Cases - ICE US (Trump Deportation List)'. The infographic suggests that Trump's deportation order affects only 10 named countries, led by Ghana with 6,200 deportations, followed by Egypt (5,400) and then Romania (4,700). The post was published by an account called 'Ayekooto', which regularly shares positive content about Nigerian President Bola Tinubu and his ruling All Progressives Congress (APC) with its 365,000 followers. A day before the claim was posted on X, Ghana-based accounts shared the same infographic on Facebook (including here and here), while a local blog published it as a news story. The claim also circulated on Instagram. However, the claim is false. Trump made a historic comeback when he was sworn in as the 47th US president on January 20, 2025 (archived here). His return to power has heightened concerns about his 'America First' agenda, which could result in a reduction in aid and support for health programmes, including those in Africa (archived here). By February 4, 2025, Trump signed 53 executive orders, ranging from declaring a national emergency at the southern border to reinstating the federal death penalty, as well as withdrawing from the Paris Climate Accord and the World Health Organization (archived here). Among the orders Trump signed on his first day in office was the 'Securing our Border' policy, which aims to expel illegal immigrants from the US. According to a document exclusively obtained by Fox News from ICE, 1,445,549 foreign nationals were on the immigration agency's 'non-detained docket' with final orders of removal as of November 24, 2024 (archived here). Contacted by AFP Fact Check, ICE confirmed on February 4, 2025, that the document had originated from its system and that the content was correct. Somalia had the highest figure of illegal African immigrants on the list, with 4,090 nationals followed by 3,690 Nigerians. This placed Nigeria as the second-highest country in Africa. Ghana held the third spot with 3,228 illegal immigrants. Globally, Mexico had the highest number of persons earmarked for deportation, with 252,044.

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