Tag: CDD
How AI transforms KYC into a continuous compliance powerhouse
In the dynamic landscape of anti-money laundering (AML) efforts, financial institutions are facing intensified scrutiny to stay a step ahead of increasingly sophisticated criminal tactics and rigorous regulatory demands.
Several industry associations voice concerns over AML regulation draft
In an industry-wide call to action, several prominent associations have voiced their concerns over the potential consequences of the current draft text of Recital 34 in the Anti-Money Laundering (AML) Regulation.
How to protect your organisation through cyber due diligence
Ensuring due diligence has always been a key part of helping an organisation remain compliant and secure in the face of outside challenges. Ensuring cyber due diligence is no different.
Why CDD is crucial in banking and beyond
Electronic IDentification, which offers KYC and AML software, has released a report exploring the role of CDD in banking.
What are the key pillars of customer due diligence for banks?
In a hyper-digital world, the need for customer due diligence has never been more imperative to the identity confirmation process.
IDB Bank picks NICE Actimize to bolster AML processes
Autonomous financial crime management company NICE Actimize has been selected by Israel Discount Bank of New York (IDB Bank) to aid its AML processes.
Acuris Risk Intelligence, FinScan partner to boost customer due diligence
Acuris Risk Intelligence and FinScan have teamed in a global strategic partnership to build an integrated platform for watch list screening and customer due diligence.
Arachnys brings in financial crime prevention veterans
Arachnys, a risk and compliance technology and data company, has bought in a host of new financial crime prevention veterans.
