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Bank of Nevis International taps Tookitaki for AML tech

February 6, 2023


The bank will deploy Tookitaki’s Anti-Money Laundering Suite (AMLS), which the regtech firm says provides risk coverage, sharper detection, and significantly fewer false alerts than legacy financial crime detection systems, allowing BONI to achieve “new levels of accuracy and speed”.

“Current legacy financial crime detection systems are not able to keep pace with emerging compliance challenges, such as sophisticated money laundering techniques and a fragmented regulatory landscape,” says Deji Akadiri, VP of fintech and security at BONI.

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