Tag: EDD

The compliance function has spent two decades absorbing wave after wave of new regulation. Yet for many institutions, KYC and CLM processes remain stubbornly...

KYC Portal (KYCP) has expanded its risk orchestration capabilities through a new integration with Mastercard MATCH Pro, strengthening merchant due diligence within its Client...

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

Gatekeeper professions, including lawyers, accountants, estate agents, and trust and company service providers, are increasingly caught between two powerful regulatory regimes: AML rules and...

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...

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

Financial institutions across the world continue to face severe regulatory consequences when compliance gaps arise. A recent example comes from Oman, where the Financial...

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 recently unveiled AI Agent Edward, a solution designed to revolutionise enhanced due diligence (EDD) at financial institutions. The company, known for its AI...