Tag: AML

In a recent post by Flagright, the company explained in thorough detail the return on investment (ROI) of AML compliance.

In a recent post by Flagright, the company gave a detailed outline of the role of transaction monitoring and why it is so important. 

In today's dynamic business environment, organisations are facing ever-increasing compliance regulations. As a result, business-wide anti-money laundering (AML) and counter-terrorism financing (CTF) risk assessments...

The concept of FRAML, the integration of Fraud and Anti-Money Laundering (AML), is radically altering the outlook of risk management and compliance in the financial sector. A recent webinar, led by the Electronic Transactions Association (ETA) and sponsored by Hawk AI, engaged a panel of Fraud and AML professionals to dissect the benefits and hurdles of FRAML.

When it comes to key challenges for financial technology companies, one of the chief pain points surrounds AML. How can FinTechs win in this area?

The financial sector has for long been bogged down by manual processes in adhering to regulatory standards. The spotlight now shifts towards embracing technology, particularly in Know Your Customer (KYC) operations. Fenergo has outlined the opportunities for KYC compliance automation.

Evaluating the business line of potential clients is a key part of Know Your Customer (KYC) procedures in commercial relationships. However, analysts often spend substantial time utilising search engines and other manual processes to establish a client's Line of Business. This allows them to assess the risk involved in onboarding records or transactions.

Global bank ING and data analytics software company Quantexa have announced a strategic partnership.

Pesawise, a Kenyan FinTech focused on providing seamless and secure payment solutions, will partner with Flagright to boost its payment offering.

In the incredibly complex world of money laundering, an increasingly common way for criminals to launder money is through money mules. What are they?