Title

5 reasons why better compliance data equals a better correspondent banking relationship

Why more accurate compliance data helps prove yourself to correspondent banking partners

Publish date:
October 27, 2022
Reading time:
7
minutes
Correspondent banking: when is digital technology truly transformative in tackling financial crime?

“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.

Publish date:
October 4, 2022
Reading time:
6
minutes
Germany's FATF mutual evaluation report: a case for better data and analytics

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.

Publish date:
August 25, 2022
Reading time:
6
minutes
A technology-driven approach to managing sanctions risk for financial institutions

The current sanctions landscape is incredibly fast-moving, showing little sign of slowing down. Using innovative tools can help firms navigate it.

Publish date:
August 3, 2022
Reading time:
4
minutes
Sanctions risks: KYC challenges and how to overcome them

In this rapidly changing political landscape - here's how to overcome KYC challenges when evaluating sanctions risk.

Publish date:
August 3, 2022
Reading time:
7
minutes
Correspondent banking: how transparent benchmarking can avoid unnecessary de-risking and maximise opportunities

De-risking can often be one of the first responses to working with banks in high risk categories. But does it have to be?

Publish date:
July 18, 2022
Reading time:
6
minutes
5 reasons why the global anti-money laundering (AML) system is failing financial institutions

Despite the high compliance spending of FIs, more than 99% of money laundering proceeds remain in the hands of criminal gangs - we explain why.

Publish date:
July 11, 2022
Reading time:
6
minutes
We found over thirty new or expanded tasks the EU AMLA will be asked to take on

The new AMLA is facing a growing list of expectations. How could the private sector help strengthen standards in the EU?

Publish date:
June 14, 2022
Reading time:
2
minutes
Unlocking the Power of the Network: Rethinking the Financial Crime Risk Framework

The current framework for managing AML risk is underperforming despite the investments being made in terms of raw compliance spend.

Publish date:
November 17, 2021
Reading time:
6
minutes
Trust and transparency for a fairer financial ecosystem in the MENA region

Last month, our CEO Shane Riedel moderated a panel discussion at the 2nd MENA RegTech Virtual Executive Boardroom Conference.

Publish date:
November 11, 2021
Reading time:
7
minutes
Standardizing financial crime risk assessments: The new approach by the EU

How a proposal for a single, harmonised supervisory assessment methodology for banks in the EU can change everything.

Publish date:
August 19, 2021
Reading time:
5
minutes
FATF reports on technology & AML: what we’ve learned (and what we’re missing)

FATF has launched two new reports looking at the use of technology for anti-money laundering purposes. What does this mean for the industry?

Publish date:
July 12, 2021
Reading time:
4
minutes
Applying the rating agency model to financial crime

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

Publish date:
February 26, 2020
Reading time:
5
minutes
How financial crime scandals reveal the need for risk monitoring tech

Leaks and whistleblowers have become a usual method by which many large-scale financial crime events are uncovered. What can we learn from this?

Publish date:
September 25, 2019
Reading time:
3
minutes
Financial Crime is Financial Risk. Why is it not managed as such?

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.

Publish date:
August 1, 2019
Reading time:
7
minutes