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Why rules-based KYC still leads in compliance tech
As the FinTech industry continues to embrace artificial intelligence, many compliance professionals are left questioning whether AI is truly the future of Know Your...
How to master identity verification in onboarding
Identity verification has become a foundational step in digital onboarding, ensuring new users are who they claim to be without requiring in-person interactions.
According...
Smarter AML: Prioritising alerts by exposure
In the world of anti-money laundering (AML), outdated practices are exposing institutions to risk. Many banks still process alerts in the order they were...
Smarter AML triage with federated risk scoring
As financial crime grows more complex and voluminous, traditional AML systems are struggling to keep up. In 2023 alone, financial institutions in the US...
Smarter AML case review with ranked risk scoring
AML compliance teams are facing growing challenges in how they handle backlogs of alerts. Traditionally, banks and financial institutions have approached these backlogs by...
How federated AI is transforming legacy AML systems
Ripping out and replacing anti-money laundering (AML) systems is no longer a practical option for most financial institutions.
According to Consilient, deeply embedded legacy...
How banks can use models to better assess customer risk
In a new webinar series, Alessa explores the various elements of customer risk. In its latest one, it examines how firms can assess products and services, activity patterns and behaviours to uncover illicit activity.
