Tag: risk assessment
QuantCube Technology unveils asset mapping database for enhanced ESG risk compliance
QuantCube Technology today unveiled its innovative Asset Mapping database, engineered to bridge the critical data gap faced by banks, insurance firms, asset managers, and corporations.
How KYC Portal CLM manages global compliance across jurisdictions
In an era where businesses span across various international borders, adhering to the myriad of distinct regulatory frameworks is not just challenging; it’s imperative.
How insurance companies can mitigate risks with effective sanctions compliance
Sanctions serve as a powerful foreign policy instrument, exerted by governments to influence behaviour by penalising nations, entities, or individuals engaged in unlawful activities.
Inscora secures $2m funding to revolutionize cyber insurance for brokers
Inscora, a Montreal-based startup, has secured $2m in funding to enhance its cyber insurance solutions.
Streamline KYC and AML processes with Muinmos’s AI solutions
In the dynamic world of finance, client onboarding challenges abound, driven by the need to balance enhanced customer experiences against stringent compliance requirements.
The essential guide to building a robust cybersecurity oversight program
In the rapidly evolving digital landscape, traditional methods of portfolio oversight are increasingly inadequate against the mounting cyber threats. Recognising this shift, a strategic,...
How machine learning is transforming AML controls in payments
The future of anti-money laundering (AML) controls in the payments industry is increasingly being shaped by machine learning technology. Paysafe’s Giacomo Austin recently spoke...
The intersection of KYB and AML: A guide to business identity...
Know Your Business (KYB) and Anti-Money Laundering (AML) are critical parts of the compliance ecosystem, but how aligned are they? FullCircl, a SaaS platform renowned for eliminating regulatory and verification hurdles, recently delved into the role of KYB in the AML process.
A step-by-step guide to AI implementation in financial crime compliance
AI is increasingly becoming a focal point of discussion, particularly in how compliance departments within financial institutions prepare to adopt AI technologies for client screening and align with necessary regulatory standards.
Combating business email compromise: Strategies for financial firms
In the ever-evolving landscape of financial crimes, firms across the globe are grappling with the challenge of safeguarding their operations and reputation. Among the myriad of schemes that threaten the integrity of financial institutions, Business Email Compromise (BEC) stands out for its cunning simplicity and potentially devastating impact.
