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Norkom wins company award

December 19, 2007 - Irish Independent Paul Kerley's fast-growing Norkom Technologies absolutely romped home as the best small company -- worth under €500m. Norkom, which specialises in financial crime busting software, floated just over a year ago.  Read more...

Norkom’s €4m funding to create 111 jobs

December 9, 2007 - Sunday Business Post Financial services security software provider Norkom Technologies has secured €4 million funding from Enterprise Ireland’s (EI) scaling unit. Read more...

Enterprise Ireland to invest €4m in Norkom

December 3, 2007 - Dudblin, Ireland Enterprise Ireland is to invest €4m in Norkom Technologies, which will create over 100 new jobs in Dublin.  Read more...

Norkom gets EUR4m R&D grant from Enterprise Ireland

December 3, 2007 - Dublin, Ireland Norkom today announces a €4million research and development grant from Enterprise Ireland (the Irish Government's development agency) to support the company's growth strategy as it seeks to become a global market leader.  Read more...

Norkom signs DnB Nor to anti-money laundering software

November 19, 2007 - Finextra Norwegian banking group DnB Nor is rolling out anti-money laundering and compliance software from Dublin-based Norkom Technologies across its operations in 11 countries. Read more...

€2.24m pretax profit for Norkom

November 14, 2007 - Irish Times Financial crime and compliance solutions company Norkom yesterday reported a pretax profit of €2.24 million for the six months ended September 30th, a 27 per cent increase on the same period last year. Read more...

Norkom's anti-fraud profits soar

November 14, 2007 - Irish Independent Strong demand for its financial crime and compliance software from US banks helped Norkom's underlying sales and revenues surge ahead in the six months ended September.  Read more...

Norkom targets Asia after 53% revenue rise

November 14, 2007 - Irish Examiner Anti-fraud software provider Norkom Technologies has identified Japan, Korea and China as potential long term target markets as it develops its presence worldwide.  Read more...

Shares in Norkom rise on back of glowing report and 'buy' rating

November 1, 2007 - Irish Independent Shares in software firm Norkom Group gained the most since early October in Dublin yesterday, following an upbeat report from Merrion Stockbrokers, including a 'buy' recommendation. Read more...

Goodbody tips tech firms likely to deliver

October 26, 2007 - The Irish Times Datalex, First Derivatives and Norkom are the Irish technology stocks that have the most potential to deliver returns for investors, according to Goodbody Stockbrokers.  Read more...

AXA Financial rolls out Norkom AML technology in US

October 22, 2007 - Finextra.com Norkom Technologies today announced that AXA Financial, one of the world's premier financial services organizations, has adopted Financial Crime and Compliance software from Norkom Technologies to support its enterprise-wide anti-money laundering compliance strategy across diversified business lines throughout the U.S.  Read more...

Norkom scoops business award

September 22, 2007 - Irish Independent Norkom has won an award for the "Best Acquisition" following its purchase of the US-based company Digital Harbor.  Read more...

Norkom Signals intent in US with $36.5m deal

August 1, 2007 - Irish Examiner Norkom Technologies expects 40% of its group revenues to come from North America by next year, with that figure likely to rise to 50% in the longer term.  Read more...

Norkom raises €15m in placing of 8.4m shares

August 1, 2007 - Irish Independent SOFTWARE firm Norkom has raised about €15.5m through a share placing - over €5m more than had previously been expected.  Read more...

Norkom buys US software rival Digital Harbor in $36m deal

August 1, 2007 - The Irish Times Norkom is to purchase its US competitor Digital Harbor in an all cash deal which could be worth up to $36.5million Read more...

Irish Software Maker to Buy Digital Harbor

August 1, 2007 - The Washington Post Digital Harbor of Reston agreed to be bought by Norkom Group of Dublin for as much as $36.5 million.  Read more...

Norkom pays $36.5m for US AML vendor

July 31, 2007 - Banking Technology Norkom Technologies, a provider of financial crime and compliance software, has acquired US-based Digital Harbor in a $36.5 million cash deal that Norkom hopes will accelerate its global growth strategy. Read more...

Financial Institutions Name Norkom No1 Anti-Fraud & Anti-Money Laundering Solution Provider

June 26, 2007 - Insurance Tech Week Norkom Takes Top Ranking in 2007 OpRisk & Compliance Software Survey.  Read more...

Fraud buster Norkom sees earnings up 40% to €4.5m

June 13, 2007 - Irish Independent The fraud busting software specialist Norkom celebrated a year on the Stock Exchange yesterday with the publication of annual results showing a 40pc climb in earnings to €4.5m for the year ending March 31 2007 Read more...

Norkom revenues surge 40% to €25m

June 13, 2007 - Irish Times Norkom, the Dublin software company, has reported a 38 per cent improvement in earnings before interest, tax, depreciation and amortisation, for the year to the end of March last. Read more...

Norkom profits from fighting crime

June 12, 2007 - RTE Norkom, which specialises in financial crime and compliance software, has reported full year results this morning which show its profit before tax in the financial year to March was up 84% at €3.6m. Read more...

Financial software firm Norkom sees 38% increase in sales

June 12, 2007 - Irish Examiner Financial software company Norkom has credited a strong sales performance for a 38% increase in revenues to €25m for the year ending March 31. After-tax profit was €3.5m, up from €2m last year Read more...

Financial software firm Norkom sees 38% increase in sales

June 12, 2007 - The Post Financial software company Norkom has credited a strong sales performance for a 38% increase in revenues to €25m for the year ending March 31 Read more...

The Evolving Criminal Threat

May 31, 2007 - Money Laundering Bulletin New research reveals a strong appetite among international financial institutions for an enterprise wide approach to financial crime, a framework in which risk is managed on a consolidated basis across the group and international criminals are engaged on their own, global turf. Rosemary Turley, Director of Norkom Technologies, discusses the evolving criminal threat  Read more...

Risk Management: Due Diligence That Evolves With Clients

April 5, 2007 - Bank Technology News Fortis has deployed a risk-based customer due diligence system from Norkom that differentiates low risk customers from high risk ones at the point of account opening.  Read more...

Checking the lists

April 4, 2007 - Insurance & Technology Baloise Holding leverages acumen gained in the banking industry to select Norkom's anti-money laundering solution and thwart terrorists Read more...

Watching Wall Street

March 31, 2007 - Money Laundering Bulletin In a move that includes the deployment of anti-money laundering detection software from Norkom Technologies, the DTCC is acting to improve AML security for itself and it’s customers. Read more...

Norkom Launches Enterprise Investigation Management Solution

March 29, 2007 - Securities Industry News Norkom Technologies launches, today, a new Enterprise Investigation Management solution (EIM) to complement its existing market leading suite of financial crime and compliance software solutions.  Read more...

Wild goose investigations wasting time, survey says

March 23, 2007 - Compliance Reporter Financial services firms worldwide are wasting time investigating erroneous financial crime alerts, according to a survey by Norkom Technologies.  Read more...

RZB to roll out Norkom fraud detection software

March 21, 2007 - Finextra Austrian banking group Raiffeisen Zentralbank Österreich (RZB) is implementing anti-money laundering and compliance software from Dublin-based Norkom Technologies to detect and monitor fraudulent activity across the enterprise. Read more...

Taking Government Watch Lists Private

March 12, 2007 - Securities Industry News Many organizations have supplemented the Ofac list with a consolidated list from specialized providers such as World-Check or Factiva, which provide them with greater depth of information and more frequent updates Read more...

Bringing it together: a unified approach to financial crime

March 5, 2007 - Compliance Monitor Recent research from TowerGroup revealed that any institution exposed as the victim of criminal infiltration, or publicly reprimanded by the regulator for lack of diligence in crime prevention, can expect to see its market capitalisation fall 200 points or more. Read more...

DTCC goes on the offensive against money laundering

February 16, 2007 - Banking Technology The Depository Trust & Clearing Corporation, Wall Street’s post-trade processing engine, has gone live with Norkom’s software as part of its programme against financial crime and money laundering.  Read more...

DTCC implements Norkom anti-money laundering technology

February 15, 2007 - Finextra The US Depository Trust & Clearing Corporation (DTCC) has implemented anti-money laundering software from Norkom Technologies which it is using to monitor trades passing through the utility for suspicious and fraudulent activity. Read more...

Fortis uses Norkom for customer due diligence

January 26, 2007 - Banking Technology Benelux banking group Fortis has implemented Norkom’s new risk-based customer due diligence technology to comply with worldwide Know Your Customer regulations Read more...

Norkom launches customer due diligence system

January 24, 2007 - Finextra Norkom Technologies launches its new risk-based customer due diligence (CDD) solution designed to enable financial services organizations' to effectively comply with today's stricter and more stringent worldwide 'Know Your Customer' regulations Read more...

Norkom Launches Customer Due Diligence Solution

January 24, 2007 - Securities Industry News Norkom Technologies launches its new risk-based customer due diligence (CDD) solution designed to enable financial services organizations to effectively comply with today s stricter and more stringent worldwide Know Your Customer regulations Read more...

That was the year that was

January 1, 2007 - Irish Independent At the end of June, financial terrorists, fraudsters and money launderers received a setback when Norkom went public Read more...

The Fight Against Financial Crime

January 1, 2007 - Risk UK Today’s financial institutions face a twin assault on profitability. Over the next three years they can expect to see the cost of meeting their compliance requirements increase by around 43%, while the margin-eroding impact of financial crime – estimated at $19 billion across the industry last year – escalates Read more...

Thinking hard about AML software

January 1, 2007 - Op Risk & Compliance Five years after 9/11, banks are stepping back and taking a more studied approach to anti-money laundering. When software vendors recall the anti-money laundering tachnology market just after 9/11, they often use the word "frenzy". Read more...