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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
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
Here is a better way to manage your bank's exposure to the Pandora Papers leak

Can compliance teams really be expected to go through 11.9 million Pandora Papers' files by themselves?

Publish date:
October 7, 2021
Reading time:
4
minutes
Overcoming experimenter’s bias to better manage financial crime risk

Financial crime is pervasive, dynamic, and often on such a scale that even the most apparently safe industries and regions are open for exploitation.

Publish date:
May 7, 2020
Reading time:
5
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