Title

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
Shane Riedel and Filipe Garcia: An interview with Elucidate's founders

The startup founders share their perspective on Elucidate's genesis, evolution and vision

Publish date:
December 11, 2019
Reading time:
3
minutes
Preventing financial crime with a data-driven approach

Information sharing and collaboration across all concerned parties within the financial system is critical to successfully combating financial crime.

Publish date:
November 6, 2019
Reading time:
3
minutes
A probabilistic approach to outcomes in the anti-financial crime

When it comes to preventing financial crime, today’s banking industry is stuck in a cycle of endless investments, and limited returns.

Publish date:
October 17, 2019
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
Why a de-risking strategy increases your institution's risk

De-risking emerged as an unintended result of banks with limited alternatives to new regulations. Technology is the strongest ally to fix this.

Publish date:
September 12, 2019
Reading time:
4
minutes
Empowering respondent banks in the fight against financial crime

All too often, highly capable respondent banks are left disempowered by the industry's commonplace top-down financial crime risk management practices.

Publish date:
August 28, 2019
Reading time:
5
minutes
How poor financial crime risk management can be a career killer

Without a right strategy and technology to support it, executives and Board Members put themselves at risk of being found liable for financial crime.

Publish date:
August 14, 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