Tag: CDD

Malaysia’s financial sector is entering a critical transformation period as regulatory expectations tighten and financial crime threats evolve. Banks are operating under heightened pressure...

For decades, financial institutions have relied on the same traditional compliance model — rules-based systems designed to flag suspicious activity and generate reports for...

AML Trends 2025: 202 compliance professionals from 39 countries shared insights on their top AML goals and challenges 74% of compliance leaders prioritised improving...

SymphonyAI has launched Sensa Risk Intelligence (SRI), a new cloud-native platform designed to modernise financial crime prevention and compliance. The platform integrates predictive, generative, and...

Identifying ultimate beneficial owners (UBOs) remains one of the toughest challenges for compliance teams conducting customer due diligence (CDD). According to KYC360, these individuals, who...

Financial institutions worldwide continue to face hefty penalties for shortcomings in anti-money laundering (AML) procedures, with fines often reaching into the tens of millions. Napier...

Organised crime groups have long seen trust and company service providers (TCSPs) as a convenient route to launder money and disguise illicit activity. While...

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...

WorkFusion’s AI Agents are redefining how financial institutions approach complex compliance and operational processes. According to Workfusion, with a decade of innovation in artificial...

Buying a home is a significant milestone, but the process can be fraught with complexity—especially when it comes to anti-money laundering (AML) checks. As...