Home Tags Financial crime.
Tag: financial crime.
Why connect-the-dots thinking is reshaping AFC compliance
Financial crime has evolved dramatically over the past ten years, yet many of the systems and operating models built to combat it have barely...
Psychological safety is now a financial crime control
When financial institutions fail to stop money laundering, fraud or sanctions evasion, the coverage usually focuses on the penalties, the technology shortfalls and the...
Agentic payments: when an approved payment hides fraud
A payment can pass every spending limit and still result from a manipulated decision. According to Vivox AI, that is the central challenge facing...
Mule chains expose blind spots in single-account AML monitoring
For compliance teams, identifying the first account to receive fraud proceeds is only one part of the investigation. Money stolen through scams, account takeovers...
Why AI in compliance fails without readiness checks
Banks and financial institutions are rushing to layer AI onto compliance operations that were never built to support it, according to identity verification and...
The comfort zone trap undermining financial crime controls
For many firms, the biggest threat in financial crime compliance is not a new typology or a sophisticated criminal network. It is a risk...
Why launderers see life insurance as South Africa’s soft target
Banks have long carried the heaviest anti-money laundering (AML) burden, but regulators are increasingly turning their attention to life insurers. Handling large premiums over...
Vivox AI turns Altery’s hours of due diligence into minutes
Payments firm Altery has turned due diligence investigations that once took hours into tasks completed in minutes, and it has done so without adding...
News data closes the blind spot in sanctions screening
Sanctions screening is the practice of checking customers, companies and transactions against official sanctions lists to detect parties barred or restricted from financial activity....
Why AML teams can’t rely on LLMs alone to fight fraud
Financial crime investigators are recruited for their analytical skills. Yet a large share of their working day is often spent on far less valuable...
