Tag: Consilient

Banks could face greater scrutiny over their exposure to illicit gold as international efforts to tackle financial crime increasingly focus on cross-border intelligence and...

Human trafficking generates an estimated $236bn in illegal profits each year, with the proceeds often moving through financial channels that appear legitimate. For banks...

FinCEN and the federal banking agencies issued a notice of proposed rulemaking (NPRM) on 7 April 2026 to reform the Bank Secrecy Act's AML/CFT...

Chinese money laundering networks (CMLNs) are no mystery to the financial crime community, yet the money keeps moving. According to research from Consilient, which recently...

In early 2024, a finance worker joined what looked like an ordinary video call with the CFO and a group of senior colleagues. In...

Risk management is one of the core foundations of a firm’s compliance workflow. When implemented effectively, risk management helps ensure compliance processes are not...

Sigma360 and Consilient, a pioneer in federated machine learning for financial crime discovery and prevention, have announced a strategic partnership. The integration addresses a critical...

Banks do not typically fail at KYC because they are short of data. They fail because customer risk too often stops evolving once onboarding...

Across the financial sector, expectations around anti-money laundering are changing rapidly. Banks and regulators are aligned on one point: static rules engines and fragmented...

AI is transforming AML, but one critical challenge persists: transparency. In regulated industries, credibility rests on explainability. If executives can’t understand a model, they...