Azentio unveils next-generation Amlock AML solution with advanced AI, smarter screening, and streamlined user experience
SINGAPORE , May 22, 2025 /PRNewswire/ — Azentio Software, a leading technology enabler in the BFSI space, announces the launch of its next-generation Amlock anti-money laundering (AML) platform, bringing powerful new capabilities to financial institutions in the fight against financial crime. Powered by advanced AI and machine learning, Amlock is designed to significantly improve detection accuracy, reduce operational workload, and ensure compliance in an increasingly complex regulatory landscape.
This next generation of Amlock helps financial institutions (FI's) detect and manage financial crime by delivering a comprehensive, AI-driven approach to AML that covers the entire customer lifecycle, from onboarding to monitoring, screening, risk management, investigation and reporting. By reducing false positives by up to 40% and streamlining workflows, FI's can slash compliance costs by at least 20%.
With smart automation and a flexible, modular design, Amlock easily adapts to changing regulations and scales to fit institutions of any size, from local banks to global firms. The latest version adds major improvements in screening, monitoring, and case management, making compliance faster, more accurate, and more efficient. Crucially, every institution using Amlock has maintained a flawless record of zero AML-related regulatory fines which is a compelling endorsement of its unmatched reliability and proactive performance in safeguarding compliance.
The new Amlock offers AI-enhanced capabilities including: Smarter screening capabilities – offer better accuracy with advanced matching algorithms for customer screening and transaction screening with pre-configured watchlists, local lists, custom lists and rich SWIFT message library with local format support. Intelligent alert triage and case resolution – simplify complex investigations with centralized alert and case management that supports workflows, audit trails, and collaborative resolution. Designed for scalability, it ensures operational efficiency and compliance at every step. End-to-end KYC and onboarding automation – is integrated with identity verification, corporate intelligence for enhanced due diligence, and customer lifecycle risk management into a unified compliance framework. Features like AI-based peer profiling, dynamic risk scoring, clustering and event-triggered reviews help institutions ions maintain an up-to-date understanding of customer risk. Smarter transaction monitoring – with over 400 ready-to-use rules for banking, lending, insurance, and fintech. Built-in AI helps spot patterns and connections, cutting down on false alerts. Smarter decision-making using AI to predict and suppress alerts that are likely low risk, helping teams focus on real threats. The system learns continuously from new data, becoming more accurate the more it's used.
Commenting on the launch, Ruchi Tripathi , Director of Product Management at Azentio, said, 'At Azentio, we understand the critical challenges financial institutions face in combating financial crime while maintaining compliance. Our next-generation Amlock is a direct response to these challenges, combining the best of AI technology with a deep understanding of the financial services sector. By significantly reducing false positives, cutting compliance costs, and ensuring zero fines, Amlock sets a new standard in AML technology.'
About Azentio
Azentio is a leading provider of purpose-built, intelligence-driven technology solutions designed to transform the banking, financial services, insurance (BFSI), and enterprise resource planning (ERP) sectors. By combining cutting-edge innovation with deep domain expertise, Azentio empowers businesses to accelerate growth, enhance operational efficiency, and stay ahead in a rapidly evolving market. With a strong presence across the Middle East , Africa , and Southeast Asia , Azentio delivers world-class technology that streamlines processes and delivers tangible results, enabling organizations to achieve sustainable success. For more information on Azentio, please visit www.azentio.com.
Logo: https://mma.prnewswire.com/media/2670942/Azentio_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/azentio-unveils-next-generation-amlock-aml-solution-with-advanced-ai-smarter-screening-and-streamlined-user-experience-302459900.html
Disclaimer: The above press release comes to you under an arrangement with PR Newswire. Business Upturn takes no editorial responsibility for the same.
PR Newswire is a distributor of press releases headquartered in New York City.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
Kamet Capital Leads Exclusive Series A Investment in AI Avatar Pioneer TopView
Kamet Capital backs industry-first AI avatar platform enabling digital humans to physically interact with products SINGAPORE, Aug. 5, 2025 /PRNewswire/ -- Kamet Capital, a leading multi-single-family office headquartered in Singapore, has announced the completion of its exclusive Series A investment of USD 8.5 million into ("TopView"). The fast-rising AI-powered product content creation platform is transforming how brands produce immersive and conversion-driven e-commerce content through breakthrough AI avatar technology. Launched in Singapore in 2024, TopView is a next-generation content creation platform that harnesses proprietary AI and digital human technology to revolutionise how businesses produce high-quality video content. Its platform empowers brands to create immersive, UGC-style videos and product photos at scale without the need for filming, editing, actors, or KOLs. With its industry-first capabilities, including lifelike AI avatars that can physically interact with products on screen, TopView transforms conventional product showcases into dynamic, conversion-driven experiences. TopView's latest Product Avatar and Product AnyShoot version 2.0 solutions require only one product image to generate hyper-realistic content featuring AI avatars that look and behave like real-life presenters. These avatars can "physically" catch, hold, and demonstrate products onscreen, and unlock a whole new level of avatar-product interaction for brands looking to create engaging and scalable product content for e-commerce, livestreaming, and social media marketing. Driven by its breakthrough technology, TopView has achieved exceptional commercial momentum, recording over 50% month-over-month growth in recurring revenue since the release of V2.0. Its growing roster of enterprise clients includes major regional and international brands such as L'Oréal, ANTA, and Anker. TopView's rise is further bolstered by Kamet Capital's strategic support. In addition to leading the Series A funding, Kamet provided comprehensive incubation support, offered workspace at its offices in the company's early days, guided the setup of its global headquarters in Singapore, and facilitated business development across Southeast Asia. Kamet also connected TopView to a broader network of families and founders through its proprietary Founders Network. "At Kamet, we seek out visionary founders with disruptive ideas capable of reshaping industries," said Kerry Goh, Founder and CEO of Kamet Capital. "TopView represents not only a rare AI investment opportunity from Asia but also exemplifies our ability to leverage Kamet's deep Founders Network to source, support, and scale emerging leaders in high-growth sectors." TopView was co-founded by Jensen Wu and Albert Chen, whose careers span years at one of Asia's top 5 tech giants. Within one year of setting up in Singapore, the company caught the attention of the prominent Silicon Valley venture capital firm, Andreessen Horowitz (a16z), which featured TopView in its investment thesis on AI avatars. Singapore's emergence as Asia's Palo Alto made it the natural choice for TopView's headquarters. With its deep tech talent pool, the presence of regional or international headquarters of major tech firms, and the support of forward-looking venture capital, such as Kamet's Founders Network, Singapore offered an ideal environment for TopView's next phase of growth. TopView has strong potential to transform sectors and build capabilities in Singapore. It was selected for Singapore's IMDA Spark programme, and its founder, Jensen Wu, is also part of the Singapore Economic Development Board (EDB)'s Global Founder Programme, a support initiative for experienced founders to scale global ventures in Singapore. "We're entering a new era where AI avatars can now act, present, and connect like real humans on behalf of brands," said Jensen Wu, Co-Founder and CEO of TopView. "Our technology aims to reshape the boundaries of digital commerce by turning product pages into rich, interactive experiences. Kamet's backing accelerates our ability to scale globally, while anchoring our innovation in Singapore – a world-class launchpad for the next generation of AI-powered storytelling." "AI avatars represent one of the most exciting frontiers in next-generation digital commerce," added Kerry. "With TopView, Singapore is well-positioned to play a leadership role in this emerging space." Kamet continues to explore new investment opportunities in the most innovative areas and welcomes more families and investors to join its Founders Network and co-participate in such deals. About Kamet Capital Kamet Capital is a leading wealth management firm headquartered in Singapore, pioneering the multi-single-family office model in Asia. Founded in 2017, Kamet Capital is dedicated to serving ultra-high-net-worth families and individuals with a comprehensive suite of services that include investment management, wealth planning, international mobility solutions, household management, administrative support, and philanthropy. Its innovative approach combines the personalised attention of a single-family office with the robust capabilities and efficiencies of a multi-family office to cater to the dynamic needs of affluent families and founders across Asia. With a commitment to excellence and innovation, Kamet Capital continues to shape the future of the family office sector, providing unparalleled support and strategic solutions to ensure the prosperity and growth of our clients' legacies. View original content to download multimedia: SOURCE Kamet Capital
Business Upturn
3 hours ago
- Business Upturn
GENIUS Act: The Catalyst for Trillions in Real-World Asset Tokenization with Deal Box and OroBit
San Diego, CA , Aug. 04, 2025 (GLOBE NEWSWIRE) — The passage of the landmark GENIUS Act marks a defining moment for the digital asset industry, further opening the door for mainstream adoption of real-world asset (RWA) tokenization, an industry expected to surpass $16 trillion this decade. Positioned at the heart of this financial evolution are fintech pioneer Thomas Carter's Deal Box and blockchain infrastructure innovator OroBit—two firms uniquely prepared to harness these converging opportunities. The GENIUS Act provides explicit regulatory guidelines for stablecoins and digital assets, clarifying critical elements such as reserve requirements (mandating 100% reserves in USD or short-term Treasuries), monthly audits, AML compliance, and dual federal and state licensing oversight. These clear guidelines remove major uncertainties that have long constrained institutional participation, signaling an era of greater investor confidence and market stability. This regulatory clarity arrives during an unprecedented uptick in institutional interest in cryptocurrency markets, notably driven by recent Bitcoin ETF approvals and increasing investment from banks and asset managers. The crypto market capitalization has surged past $4 trillion, reflecting robust, ongoing confidence from institutional treasuries. Thomas Carter, CEO and founder of Deal Box, emphasized the strategic importance of this regulatory development: 'The GENIUS Act couldn't be better timed. The clarity and legitimacy it provides aligns perfectly with growing institutional confidence in digital assets. This convergence creates precisely the environment we've anticipated, enabling Deal Box and our partners at OroBit to rapidly scale tokenization solutions, especially in private equity and traditionally illiquid markets.' Since its inception in 2016, Deal Box has actively championed the tokenization of private equity and alternative assets, offering investors unprecedented access, transparency, and liquidity. Deal Box is also at the forefront of AI technology, partnering with Wild Mouse, an Australian enterprise software company, which has developed a globally unique platform designed to ingest, analyze, and act on unstructured data at scale, offering transformative potential for companies like OroBit. OroBit complements this vision with their sophisticated Smart Contract Layer (SCL), a robust blockchain protocol built on Bitcoin, securely automating tokenization, ownership management, and compliance processes, providing infrastructure for mainstream adoption. By leveraging Bitcoin—the largest and most secure blockchain—OroBit is strategically positioned to capture substantial value as the Bitcoin network itself experiences historic growth and adoption. Warwick Powell, Chairman of OroBit, highlighted the transformative impact of this legislation and strategic alignment: 'The GENIUS Act directly validates the infrastructure we've developed, clearing the path for institutional-grade adoption at a scale previously unimaginable. Alongside Deal Box, we're positioned to become the new standard-bearer for secure, compliant, and efficient tokenized financial products.' The unified ecosystem they have crafted, powered by an enterprise-grade AI platform, is redefining how private equity, real estate, art, and other high-value assets are owned, traded, and managed globally. The long-anticipated tokenization revolution is now underway. About Deal Box Deal Box is venture capital that fits your life. We bring institutional clarity to tokenized and traditional assets through credible AI structuring, Bitcoin-first token design, and packaging built for investor diligence. Structured for issuer-led offerings under Rule 506(c), Deal Box does not act as a broker-dealer or placement agent and receives no compensation tied to capital raised. contact: [email protected] About OroBit OroBit delivers secure, scalable Bitcoin Layer-2 solutions, enabling sophisticated smart-contract capabilities specifically tailored to institutional and private market asset tokenization. See for more information contact [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Business Insider
6 hours ago
- Business Insider
Is Now the Time to Buy Tesla Stock (TSLA)? TipRanks AI Analyst Says Yes
Tesla (TSLA) remains one of Wall Street's most debated stocks. While analyst opinions are mixed, TipRanks' A.I. analyst maintains an Outperform rating with a $341 price target, implying over 10% upside and well above the Wall Street consensus of $310.84. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. For context, TipRanks' A.I. Stock Analysis provides automated, data-backed evaluations of stocks across key metrics, offering users a clear and concise view of a stock's potential. AI Score Spotlights Latest Earnings Tesla stock earns a solid score of 73 out of 100 on the A.I. tool. Tesla's overall rating is supported by its financial performance which emphasizes encouraging growth prospects in its autonomous driving and energy businesses. Notably, Tesla's adjusted earnings per share came in at $0.40, matching analysts' expectations. However, the bottom line fell 23% compared to the same period last year. Additionally, the tool highlights Tesla's latest earnings call summary, which carries a positive signal. Below is the screenshot for reference. These fundamentals paint a positive long-term picture. However, from a technical and valuation standpoint, there are notable concerns. Technical indicators currently signal bearish trends. Moreover, Tesla's elevated price-to-earnings (P/E) ratio of 180 raises the possibility that the stock may be overvalued in the near term, pointing to potential short-term pressure on the stock. Wall Street Is Also Bullish On Monday, longtime Tesla bull and Wedbush analyst Daniel Ives reiterated his Buy rating, implying over 60% upside from the current levels. Ives stated that the Tesla board's approval of Elon Musk 's compensation package has cleared a significant overhang, potentially boosting investor confidence and removing a key source of uncertainty around the stock. Similarly, Piper Sandler's Alexander Potter also reaffirmed his Buy rating on TSLA stock. Potter advised investors not to overreact to the recent Autopilot-related jury verdict against Tesla in Florida, stating that the case is less significant than headlines suggest. Is Tesla Stock a Good Buy? According to TipRanks, TSLA stock has received a Hold consensus rating, with 14 Buys, 15 Holds, and eight Sells assigned in the last three months. The average Tesla stock price target is $310.84, suggesting a potential downside of 1.6% from the current level.
