Tag: Risk Management

With the traditional business landscape being pulled apart due to the ever-hastening digitalisation of our world, traditional brick-and-mortar business has become outdated. We now...

The ongoing AI revolution is indisputably transforming risk management and customer identification processes (KYC), even though human input remains pivotal to these functions. Moody's Analytics recently delved into how AI will transform risk management and know your customer (KYC) compliance.

As part of its continuous efforts to enhance data orchestration within Know Your Customer (KYC) parameters, KYC Portal is launching a new feature designed to provide increased flexibility in the integration with third-party data sources.

Moody's Analytics recently took the opportunity to explain how screening for politically exposed persons can strengthen KYC processes. 

After over a year of deliberations, the US SEC has finally adopted the proposed rules for enhanced cyber disclosures.

Effectiv, a real-time fraud and risk management platform servicing financial institutions and FinTech companies, has announced a fresh round of funding.

Sigma, recently ranked in the AIFinTech100 for 2023, is driving innovation with AI to offer robust and scalable risk management solutions. Their unique use of AI technologies makes the platform indispensable for current and prospective clients.

Deutsche Bank has been hit with a fine of $186m by the Federal Reserve Board due to deficient AML practices and other violations.

Today, the growing complexity of financial operations coupled with an ever-evolving regulatory landscape has magnified the importance of AML compliance in businesses. Especially in...

The constant evolution and intricacy of today's risk environment demand robust financial crime risk management tools. As financial crime threats and risks continuously evolve, an Enterprise-Wide Risk Assessment (EWRA) has become essential for regulated businesses.