Trending...
- Men's Health Network Highlights Major 2025 Achievements & Launches New Donation Platform For Greater Impact
- T-TECH Partners with Japan USA Precision Tools for 2026 US Market Development of the New T-TECH 5-Axis QUICK MILL™
- Cummings Graduate Institute for Behavioral Health Studies Celebrates New DBH Graduates
CHICAGO - PennZone -- KYC2020 LLC, a leading provider of global Sanctions, PEP, and Adverse Media screening solutions for Anti-Money Laundering (AML) compliance, today announced a new partnership with First Nations Bank of Canada (FNBC), Canada's only Indigenous-led national bank.
This collaboration integrates KYC2020's AI-powered screening and decisioning capabilities into FNBC's compliance operations, enhancing the bank's ability to detect, assess, and mitigate financial crime risks. By leveraging KYC2020's advanced Sanctions, Politically Exposed Persons (PEP), and Adverse Media Screening tools, FNBC will gain increased efficiency and accuracy across its AML processes, reducing false positives and improving the speed and confidence of AML compliance.
Founded in 1996, First Nations Bank of Canada provides comprehensive personal and business banking services to Indigenous and non-Indigenous customers across the country. With branches and community banking centers located primarily in Indigenous communities, the bank's mission is to support self-sufficiency and nation-building through inclusive, responsible financial services.
More on The PennZone
"As a national bank serving Indigenous and non-Indigenous communities across Canada, maintaining strong compliance standards is essential to our mission," said Karen Creen, Chief Compliance Officer and Chief Anti-Money Laundering Officer for FNBC. "Partnering with KYC2020 allows us to leverage industry-leading technology to ensure our compliance processes are both effective and efficient."
"We're proud to partner with First Nations Bank of Canada, an institution that shares our commitment to trust, transparency, and responsible innovation," said Rajeev Bahri, CEO of KYC2020. "Together, we're strengthening detection and deterrence measures across AML, ATF, and Anti-Sanctions Evasion (ASE) compliance, helping ensure that financial integrity and inclusion go hand in hand."
KYC2020's DecisionIQ platform combines global data coverage with AI-driven decisioning and ongoing monitoring to make AML compliance easy, effective, and affordable for financial institutions worldwide.
About First Nations Bank of Canada
First Nations Bank of Canada (FNBC) is a Canadian chartered bank focused on providing financial services to the Indigenous marketplace in Canada. FNBC is 88% Indigenous owned and controlled. The Bank offers a full range of personal and business banking services, including loans, mortgages, investments, and trust services through its wholly owned subsidiary, FNB Trust.
More on The PennZone
About KYC2020
KYC2020 is an industry leader in AML screening technology. The company's mission is to make AML compliance easy, effective, and affordable for enterprises of all sizes. KYC2020 provides global watchlist data and AI-powered decisioning for Sanctions, PEP, and Adverse Media screening and monitoring, and now also offers Identity Verification (IDV) and Know Your Business (KYB) screening capabilities. The platform helps customers stay compliant, reduce manual workloads, and lower the overall cost of AML compliance. For more information, visit kyc2020.com.
Media Contacts:
Jed Johns
Chief Marketing Officer, FNBC
jed.johns@fnbc.ca
Ishaan Soni
Strategic Growth & Operations Associate, KYC2020
ishaan@kyc2020.io
This collaboration integrates KYC2020's AI-powered screening and decisioning capabilities into FNBC's compliance operations, enhancing the bank's ability to detect, assess, and mitigate financial crime risks. By leveraging KYC2020's advanced Sanctions, Politically Exposed Persons (PEP), and Adverse Media Screening tools, FNBC will gain increased efficiency and accuracy across its AML processes, reducing false positives and improving the speed and confidence of AML compliance.
Founded in 1996, First Nations Bank of Canada provides comprehensive personal and business banking services to Indigenous and non-Indigenous customers across the country. With branches and community banking centers located primarily in Indigenous communities, the bank's mission is to support self-sufficiency and nation-building through inclusive, responsible financial services.
More on The PennZone
- UK Financial Ltd Announces A Special Board Meeting Today At 4PM: Orders MCAT Lock on CATEX, Adopts ERC-3643 Standard, & Cancels $0.20 MCOIN for $1
- 6 Holiday Looks That Scream "Old Money" But Cost Less Than Your Christmas Tree
- Tickeron Launches Next-Gen AI Corridor Bots: Consistent Exits for Stocks and ETFs
- From Cheer to Courtroom: The Hidden Legal Risks in Your Holiday Eggnog
- Controversial Vegan Turns Rapper Launches First Song, "Psychopathic Tendencies."
"As a national bank serving Indigenous and non-Indigenous communities across Canada, maintaining strong compliance standards is essential to our mission," said Karen Creen, Chief Compliance Officer and Chief Anti-Money Laundering Officer for FNBC. "Partnering with KYC2020 allows us to leverage industry-leading technology to ensure our compliance processes are both effective and efficient."
"We're proud to partner with First Nations Bank of Canada, an institution that shares our commitment to trust, transparency, and responsible innovation," said Rajeev Bahri, CEO of KYC2020. "Together, we're strengthening detection and deterrence measures across AML, ATF, and Anti-Sanctions Evasion (ASE) compliance, helping ensure that financial integrity and inclusion go hand in hand."
KYC2020's DecisionIQ platform combines global data coverage with AI-driven decisioning and ongoing monitoring to make AML compliance easy, effective, and affordable for financial institutions worldwide.
About First Nations Bank of Canada
First Nations Bank of Canada (FNBC) is a Canadian chartered bank focused on providing financial services to the Indigenous marketplace in Canada. FNBC is 88% Indigenous owned and controlled. The Bank offers a full range of personal and business banking services, including loans, mortgages, investments, and trust services through its wholly owned subsidiary, FNB Trust.
More on The PennZone
- Inside the Fight for Affordable Housing: Avery Headley Joins Terran Lamp for a Candid Bronx Leadership Conversation
- Canterbury Hotel Group Announces the Opening of the TownePlace Suites by Marriott Portland Airport
- Heritage at South Brunswick's Resort-Style Amenities for Any Age and Every Lifestyle
- T-TECH Partners with Japan USA Precision Tools for 2026 US Market Development of the New T-TECH 5-Axis QUICK MILL™
- Hummell Brothers Celebrates 100 Years as Trusted Lighting Store in Jeannette
About KYC2020
KYC2020 is an industry leader in AML screening technology. The company's mission is to make AML compliance easy, effective, and affordable for enterprises of all sizes. KYC2020 provides global watchlist data and AI-powered decisioning for Sanctions, PEP, and Adverse Media screening and monitoring, and now also offers Identity Verification (IDV) and Know Your Business (KYB) screening capabilities. The platform helps customers stay compliant, reduce manual workloads, and lower the overall cost of AML compliance. For more information, visit kyc2020.com.
Media Contacts:
Jed Johns
Chief Marketing Officer, FNBC
jed.johns@fnbc.ca
Ishaan Soni
Strategic Growth & Operations Associate, KYC2020
ishaan@kyc2020.io
Source: KYC2020 LLC
0 Comments
Latest on The PennZone
- OKAVA Pharmaceuticals Announces First Cat Dosed in MEOW-1 Study of OKV-119, the World's First Clinical-Stage GLP-1 Weight-Loss Therapy for Pets
- Explosive Growth in U.S. Cryptocurrency Cloud Mining Sets The Stage for New Platform Launch with Daily Rewards in a Transparent Revenue-Share Model
- Qtex Cierra Ronda de $7 Millones para Estandarizar la Banca Transfronteriza en los Mercados Emergentes de Latinoamérica
- Ring in the Season with Free Holiday Jazz from The Jazz Sanctuary
- America's Most Festive Garages Wanted for Garage.com's 2025 Holiday Contest
- FDA Accepts ANDA for KETAFREE™ as Analyst Sets $34 Price Target for NRx Pharmaceuticals: (N A S D A Q : NRXP) NRx is Poised for a massive Breakthrough
- BEC Technologies Expands MX-220 5G Industrial Router Series for Edge Connectivity
- "Latino Leaders Speak: Personal Stories of Struggle and Triumph, Volume II" Documents the Truth About Latino Excellence and Impact on American Society
- Broadway Smile Boutique Unveils Modern Website for Enhanced Patient Experience
- Fenix Consulting Group Expands Orange County Office to Meet Growing Client Demand
- Signature Smiles Dental Group Unveils New User-Friendly Website
- CCHR: New Data Shows Millions of U.S. Children Caught in Escalating Psychiatric Polypharmacy
- QwickContractReview.com Launches $19 Contract Review Service to Protect Consumers from Hidden Contract Risks
- Local Holistic Consultant Pharmacist Featured on National Podcast as FDA Updates Hormone Therapy Safety
- 100% Bonus Depreciation Places New Spotlight on Off The Hook Yacht Sales Inc. (N Y S E: OTH) as a Major Player in the $57 Billion U.S. Marine Market
- CNCPW Benchmarks Global Industry Standards: Integrating SEC Compliance with 3 Million TPS Architecture for Institutional Infrastructure
- The Patina Collective & Artist Jesse Draxler Debut "The Machine of Loving Grace"
- Smile! Dental Center Named 2025 "Best Dentist" in North Pittsburgh, Celebrating High-Tech Care and Heartfelt Service
- Dr. Johnny Shanks, As Seen on TV, Announces 20% Off Dental Implant Treatments | Tennessee's Leading All-on-X Provider
- Star Sleep & Wellness Expands to Pearland, Texas — Bringing Life-Changing Sleep Care to More Communities

