Enforcement action against companies including Commonwealth Bank of Australia, Rabobank, MoneyGram, Deutsche Bank, and Western Union has resulted in nearly $2 billion in fines since January 2017 related to noncompliance with anti-money laundering (AML) regulations. IdentityMind provides an off-the-shelf software-as-a-service platform to merchant acquirers, payment facilitators, and processors to fight attempts at money laundering and related fraud. Features include monitoring every transaction, know your customer (KYC) and know your customer’s customer (KYCC) review, sanctions and politic...