How firms can navigate transaction monitoring during a recession
During a recession, it is common for everything to get harder. For compliance teams, facing lower resources with increased crime is tough.
What is the Travel Rule for crypto?
Cryptocurrency is becoming increasingly popular, but so is its use for money laundering. The Financial Action Task Force (FATF) recently revealed the Travel Rule for crypto, but what does this mean?
How companies can tackle transaction fraud
In an age where the average person now conducts the majority of their payments either online or digitally, the scourge of transaction fraud has become an even bigger threat.
Danske Bank fined €1.8m by Central Bank of Ireland
Danske Bank has been fined €1.8m by the Central Bank of Ireland for three breaches of the Criminal Justice Act 2010.
How companies should screen for PEPs and RCAs
RegTech firm Sentinels recently underlined how companies should screen for politically exposed persons and relatives and close associates.
Olivetree taps NICE Actimize’s market surveillance tech
NICE Actimize’s market surveillance technology has been tapped by UK-based multi-asset broker Olivetree Financial, to support its financial crime strategy.
Why US’ sanctions on Russia are a compliance challenge for all
Since the onset of the Ukraine-Russia war, one of the biggest sanction-imposing nations has been the US. While comprehensive, this has become a huge compliance task for all.
What is post-event transaction monitoring?
Transaction monitoring has always formed a key part of AML and financial crime compliance, however this has ramped up to 100 in the digital age.
Why real-time transaction monitoring is the next step for compliance
Sentinels, which helps detect money laundering in real-time, has released a report outlining why real-time transaction monitoring is the next step for compliance functions.
ACI Worldwide extends partnership with IR for transaction monitoring
Real-time payments software ACI Worldwide has extended its partnership with IR, a performance management and analytics platform for payment ecosystems.
