Tag: Celent

Many financial institutions across the US are rethinking how they tackle financial crime, driven by the rising cost of compliance, new regulatory demands, and...

Compliance teams are grappling with mounting pressures as regulatory oversight grows more intense and alert volumes continue to rise. Traditional AI copilots have offered...

Mid-sized US banks and credit unions are reaping major financial rewards from combining their fraud and anti-money laundering (AML) operations. A recent report from...

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,...

Despite years of hype around AI, it has taken until recently for financial crime compliance (FCC) teams to meaningfully replace traditional outsourcing with intelligent...

The financial sector, including banks, payment firms, FinTechs, and wealth and asset managers, faces significant challenges in interpreting regulatory guidance and converting it into...