Tag: AML compliance

Hopae has joined forces with IDENTT, an identity verification specialist with a strong foothold in the Polish market, to bring government-backed eID verification into...

Regulated institutions are operating under mounting pressure to keep customer records accurate, current, and audit-ready. Enforcement activity is on the rise — recent Financial...

The regulatory journey of beneficial ownership information (BOI) reporting has been anything but straightforward. According to Alessa, since the Corporate Transparency Act (CTA) took...

KYCP has rolled out a significant update to how its system handles the deletion of records, introducing a recycle bin function that gives compliance...

As the 2026 FIFA World Cup draws closer, financial institutions face a warning that goes well beyond stadium security. According to Alessa, the US Treasury's...

A striking statistic sits at the heart of the UK's current compliance landscape: 87% of businesses say they would cut ties with a partner...

The UK property market has long been an attractive target for financial crime, and the compliance burden on estate agents has never been greater. According...

Politically exposed persons (PEPs) occupy a unique position within AML frameworks. Because they hold roles of public prominence — from members of parliament and...

Fraud is evolving. Unlike traditional identity theft — where criminals hijack a real person's credentials — synthetic identity fraud takes a more insidious approach,...

An estimated $2 trillion is laundered through the global financial system every year — a figure that represents far more than financial loss. According to...