Cryptocurrency, once dubbed the ‘wild west of money’, is now settling into the mainstream. Even banks are starting to invest in crypto. Like all other money exchanges, crypto is growing up, and this is causing the regulators to listen.
Building on the great insights of our 2020 survey, we invite you to dig into our 2021 report. As well as compare data trends between years, we also introduced some new questions such as which near-term goals compliance professionals are
Regulators have been recommending ways to increase the detail and accuracy of AML investigations for some years. One method is the implementation of adverse media screening.
In this document, we look at how financial institutions can increase the efficiency of their
The race to differentiate continues to put the banking sector to the test.
As Fintech entrants push through barriers to create exceptional digital experiences, all banks are running a race to create innovative customer products and experiences.
Part of this push is
Are you hearing about the power of using APIs to replace manual tasks or supercharge your KYC or AML processes, but don’t know where to start?
We’ve put together a handy guide to help you navigate towards a faster and more
How can financial institutions make the most of alternative data sources to improve KYC and AML processes and achieve proactive warning on risk?
In this white paper we look at the rise of alternative data, being more than just a resource
How close is the financial world to achieving perpetual KYC?
Oliver Wyman shared with us their Global KYC benchmarking study on Global Banking & Markets KYC, which has found that the overall onboarding time for corporate banking customers is a staggering 90-120 days.
A range of scandals and investigations have highlighted the pressing need for tighter anti-money laundering (AML) procedures in Russian banks, including customer due diligence.
In this white paper we offer a glimpse into Russia's move 'in the right direction', as
The past decade has seen huge advances in using technology to improve AML investigations and KYC processes. While our survey reveals that some of that progress has truly transformed the industry for the better, the general consensus is that there
The ongoing 1MDB scandal has shone a harsh spotlight on the way South East Asian banks conduct anti-money laundering (AML) procedures, including adverse media screening.
In this white paper we offer a brief summary of AML measures in the top
The 2020 review of South Africa’s anti-money laundering standards could have wide repercussions for the way its banks conduct vetting procedures, including adverse media screening.
FIC guidance highlights that institutions need to implement a programme for discovering adverse information, as
Why Google is no longer a viable solution for KYC/AML investigation & monitoring
Highly regulated institutions face many challenges when dealing with clients and jurisdictions deemed as high-risk. Typically, companies need to go deeper and broader with AML and compliance
Human trafficking remains a disturbingly large global problem. An estimated 40.3 million victims are trapped in modern-day slavery: 24.9 million of those are involved in forced labour, with 16 million exploited in the private sector.
The illicit proceeds gained from this
28th May, 2020 @ 3PM GMT / 10AM EST
Watch a replay of our webinar with independent AML consultant, Dev Odedra as we fire a series of questions at him around the challenges of AML data.
Backed by results from the