Wolfsberg unveils new framework for AML monitoring innovation
The Wolfsberg Group has released its second Statement on Effective Monitoring for Suspicious Activity, introducing a comprehensive framework for responsible innovation as financial institutions...
How banks can unlock secure intelligence sharing
Across banks and FinTechs in Europe, there is broad agreement on the importance of intelligence sharing to combat financial crime. Yet despite this consensus,...
The future of risk-based compliance in finance
The concept of risk-based approaches (RBAs) has become central to financial crime compliance worldwide.
According to Arctic Intelligence, unlike rigid, rule-based systems, RBAs allocate...
AI-driven AML compliance transforms financial services
Financial institutions (FIs) face a paradox: rising customer demand is a positive sign for business growth, yet it comes with mounting compliance challenges.
Scaling anti-money...
How banks can deploy AI safely for AML compliance
Artificial intelligence has rapidly transformed banking operations, playing a key role in tasks such as transaction screening, monitoring, and customer due diligence. Yet as AI adoption accelerates, regulators worldwide are tightening expectations on how banks deploy, govern, and oversee these systems.
What do firms need to know about SDDT compliance
A recent webinar hosted by Scotland-based ALMIS International, delved into the world of Small Domestic Deposit Taker (SDDT) compliance offering firms advice and guidance.
BIS 50% rule could reshape compliance worldwide
The Bureau of Industry and Security (BIS), part of the US Department of Commerce, has long played a central role in safeguarding national security...
Top 10 AML challenges banks face in 2025
Hawk’s latest report with Celent has revealed the biggest pain points facing banks’ anti-money laundering (AML) compliance teams in 2025, highlighting growing staffing pressures,...
NZBA members vote on shift to framework model
The Net-Zero Banking Alliance (NZBA) has announced a significant development that could reshape how it supports banks in addressing climate change and economic resilience....
CrowdStrike to acquire Onum for AI-powered SIEM boost
CrowdStrike and Onum have announced that CrowdStrike will acquire Onum to enhance its Falcon Next-Gen SIEM capabilities.
The deal aims to eliminate onboarding friction,...
