Tag: risk scoring

Automated decisioning is the use of predefined rules, data integrations and scoring models to evaluate an application, transaction or identity check, returning an approve,...

Banks have long treated fraud and money laundering as separate disciplines, even though the same customer, account or transaction can carry signals relevant to...

Financial crime is growing more sophisticated, and compliance teams that still rely on disconnected fraud and AML systems risk falling behind both fraudsters and...

When alert queues grow faster than compliance teams can handle, genuine financial crime risk can vanish into the noise. According to ComplyAdvantage, the root...

Ask most organisations how mature their financial crime risk assessment capabilities are and the answers tend to be strikingly confident. Years of running assessments,...

Synthetic identity fraud is emerging as one of the more difficult threats for digital onboarding teams to detect, precisely because it does not resemble...

Compliance officers have long operated in a world of too many systems and too little time. Transaction monitoring sits in one platform, KYC data...

Coverage, precision, prioritisation, and case aging are quickly becoming the measures that reveal how an AML programme actually behaves when pressure hits. They show...

A global asset manager found itself stuck with outdated processes that were slowing down its compliance efforts and creating unnecessary risk. Zeidler Group was...

FinTech startups are often encouraged to prioritise rapid product releases and worry about compliance later, but this approach increasingly proves costly. For many young firms,...