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Aresbank replaces manual AML controls with AI monitoring
Aresbank, a specialist corporate bank headquartered in Madrid that finances trade between Europe, the Middle East and North Africa, is replacing labour-intensive anti-money laundering...
Napier AI flags sanctions screening flaws after Treasury’s Iran push
The US Department of the Treasury opened Operation Economic Outcast on 24 August, a government-wide push against Iran and the foreign firms helping it...
Why risk, not a checklist, decides who gets EDD
Enhanced due diligence (EDD) becomes necessary the moment a customer or transaction carries more risk than standard checks can capture.
According to Opoint, rather than...
Illicit gold puts banks on the AML front line
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...
Gold’s dirty money problem lands on banks’ desks
Two of the world's most influential crime-fighting bodies have reached the same conclusion within weeks of each other, and banks are the ones left...
Why sanctions screening must become smarter in 2026
The sanctions and watchlist landscape has entered a phase of sustained disruption, forcing financial institutions to reassess how they identify, assess, and manage exposure...
Revolutionizing risk management: The transformative impact of federated learning
The global financial landscape is increasingly plagued by the complexities of financial crime compliance. As the severity of global money laundering grows, major financial institutions are entangled in a dense web of risks and regulations.
A deep dive into the EU’s new AML package
The European Union (EU) has made a significant leap forward in the fight against money laundering and terrorist financing with a provisional agreement on an anti-money laundering (AML) package. This agreement, pending full approval, is set to fortify the EU's financial system and protect its citizens by introducing sweeping changes across various sectors.
