Why more accurate compliance data helps prove yourself to correspondent banking partners
“Digital transformation” is a banking buzzword. But when is it truly effective in the fight against financial crime? We explain what you need to know.
The FATF has released their assessment of Germany's AML/CFT efforts, a 324 page report, which calls for a more unified data and analytics approach.
The current sanctions landscape is incredibly fast-moving, showing little sign of slowing down. Using innovative tools can help firms navigate it.
In this rapidly changing political landscape - here's how to overcome KYC challenges when evaluating sanctions risk.
De-risking can often be one of the first responses to working with banks in high risk categories. But does it have to be?
Despite the high compliance spending of FIs, more than 99% of money laundering proceeds remain in the hands of criminal gangs - we explain why.
The new AMLA is facing a growing list of expectations. How could the private sector help strengthen standards in the EU?
The current framework for managing AML risk is underperforming despite the investments being made in terms of raw compliance spend.
Last month, our CEO Shane Riedel moderated a panel discussion at the 2nd MENA RegTech Virtual Executive Boardroom Conference.
How a proposal for a single, harmonised supervisory assessment methodology for banks in the EU can change everything.
FATF has launched two new reports looking at the use of technology for anti-money laundering purposes. What does this mean for the industry?
In looking towards the future of the financial industry, it may be useful to look to the past, and the evolution of the credit risk industry
Leaks and whistleblowers have become a usual method by which many large-scale financial crime events are uncovered. What can we learn from this?
Banks don't view the work of compliance departments as providing financial value but rather as a “cost center”. This view can be a big mistake.