Tag: Alessa
Unravelling the importance of CIP rules for financial institutions
Financial institutions often fall prey to money launderers who exploit these platforms to funnel, mask, transfer, and cleanse ill-gotten gains. This doesn’t just endanger...
Understanding and combating the rising menace of chargeback fraud
Chargeback fraud, an ever-present issue affecting businesses of all kinds and sizes, results in losses totalling to billions annually. The surge in eCommerce has...
Mitigating financial crime: A closer look at adverse media screening
Adverse media screening has become an integral component in the finance industry, especially in relation to Anti-Money Laundering (AML) compliance. RegTech company Alessa recently delved into why financial institutions should care about adverse media screening.
What changes will GenAI bring to risk management?
The introduction of GenAI has brought wide-ranging and disruptive change to a vast range of industries. In the area of risk management, this is no different.
The role of AML audits in enhancing regulatory compliance
In a recent post by Alessa, the firm outlined the role of AML audits in enhancing regulatory compliance at companies.
What you need to know about NFT money laundering
Non-fungible tokens (NFT) massively came onto the global financial scene last year, with celebrities the world over purchasing a stake in the growing trend.
RegTech firm Alessa names new SVP of sales
Alessa, a leading provider of Anti-Money Laundering and Fraud solutions, has appointed Jeff Woods as senior vice president of sales.
AML provider Alessa names Holly Sais Phillippi as CEO
Anti-money laundering and fraud solution provider Alessa has named Holly Sais Phillippi as its new chief executive officer.
What financial institutions need to know about GTOs
Geographic Targeting Orders (GTOs) were recently reissued by FinCEN and could pose regulatory requirements to banks. But what do they need to know?
What is the Travel Rule for crypto?
Cryptocurrency is becoming increasingly popular, but so is its use for money laundering. The Financial Action Task Force (FATF) recently revealed the Travel Rule for crypto, but what does this mean?
