The data automation journey for complex KYC processes
Regtech is one of the most exciting areas to work in technology at the moment. Banks and other regulated organizations are under ever-greater pressure to operate both efficiently and compliantly, and they realize that reinventing the wheel is a
Unqork and Arachnys Announce Partnership to Modernize Customer Onboarding Processes
Unqork, the leading enterprise no-code platform, and Arachnys, the market-leading provider of KYC, AML and EDD data, announced a strategic partnership to bring the next-generation of solutions to KYC (Know Your Customer) and AML (Anti Money Laundering) processes. The partnership
Enforcers take the fight to money launderers in UK luxury property: but is it enough?
The fight against money laundering through luxury UK property is intensifying. But real estate players have much more to do in bolstering compliance processes. Law enforcers won a major battle in October, when suspected money launderer Manni Hussain surrendered properties
Antiquities and AML – the BSA finally comes calling in 2021
For decades, dealers and auction houses involved in the sale of art and antiquities have evaded the scrutiny of US regulators. The stringent provisions of the Bank Secrecy Act (BSA) did not cover the lucrative art market, worth well
The FinCrime Files: top challenges for financial institutions
2020 saw many challenges for all. For financial institutions (and organisations across various industries tackling financial crime) the rise in cyber crime for financial institutions during a global pandemic became worryingly commonplace. With financial crime and AML processes being front-of-mind
AML challenges for 2021: 6MLD, Brexit and Covid-19
The New Year message on money laundering could hardly have been clearer. Just seven days into 2021, HM Revenue & Customs published its latest list of businesses fined for breaches of money laundering regulations – including a record £23.8m
What is an Effective and Reasonably Designed AML Program?
A Review of Recent and Upcoming BSA/AML Reform It seems financial institutions are inundated these days by headlines and news related to anti-money laundering and combating the financing of terrorism (AML/CFT). The U.S. is applying a multi-layered approach to implement
The FinCrime Files – Q&A with Rebecca Schauer Robertson, Atlantic Union Bank
In our first interview of 2021, we caught up with Rebecca “Becky” Schauer Robertson, Senior Vice President, Director Financial Investigations Unit at Atlantic Union Bank. Hi Becky, could you tell us a little about yourself and your current role at