Tag: sanctions screening

Global technology and services firm Concentrix has announced a collaboration with RegTech provider Napier AI to deliver AI-driven anti-money laundering (AML) compliance solutions across...

For many years financial institutions have invested heavily in tools that detect suspicious activity. However, detection is only one part of the equation, and...

New research has put a concrete figure on the cost savings available to major banks that adopt artificial intelligence in their compliance operations,and the...

Global payments firm TransferMate is working alongside AI compliance specialist Vivox AI to dramatically overhaul its AML and sanctions screening operations — slashing deep-dive...

Financial crime compliance is undergoing a period of significant transformation. As financial institutions contend with evolving regulatory expectations, increasingly sophisticated criminal activity and growing...

Concentrix Corporation has announced a collaboration with RegTech firm Napier AI to deliver AI-powered anti-money laundering (AML) solutions across Australia and New Zealand. The partnership...

Passing an onboarding check is not the finish line — for regulated businesses, it is arguably the starting gun. As financial crime becomes more...

Compliance teams at regulated firms are caught in a deepening bind. They are overwhelmed by repetitive, manual processes while AI-powered fraud evolves faster than...

The question keeping compliance professionals awake at night is the wrong one. Whether artificial intelligence will make their expertise obsolete is a distraction, the...

The regulatory journey of beneficial ownership information (BOI) reporting has been anything but straightforward. According to Alessa, since the Corporate Transparency Act (CTA) took...