Tag: financial institutions

Financial institutions are rethinking how they approach compliance, moving away from outdated manual processes and reactive oversight towards AI-powered intelligence and agility. As regulatory demands...

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

A consent order can transform a financial institution’s entire compliance structure overnight. These formal regulatory actions demand swift remediation, greater accountability, and improved oversight—often following...

Financial institutions continue to invest heavily in compliance technology, spending billions each year to strengthen their ability to detect and prevent financial crime. Yet...

Forward-thinking financial institutions are reimagining their approach to compliance by harnessing artificial intelligence (AI). For years, regulatory obligations were seen as a reactive, manual...

Keeping pace with regulatory change has become an immense challenge for financial institutions, with more than 1,300 agencies overseeing the sector worldwide. In 2024 alone,...

The debate between building and buying AI agents for AML and CFT compliance has shifted dramatically in 2025. Earlier this year, financial institutions were...

Complying with international tax reporting standards like FATCA (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standard) has become increasingly complex for financial...

The U.S. Department of Commerce’s BIS has made a decisive move to strengthen export control enforcement by closing loopholes that allowed sanctioned entities to...

Payments are undergoing a rapid transformation as instant settlement becomes the new standard. Both domestic and cross-border instant payment schemes are reshaping expectations for...