Tag: transaction monitoring

The AML/CFT landscape continues to evolve under mounting regulatory scrutiny and commercial pressure. Financial institutions, from long-established banks to fast-growing FinTechs, are expected to...

Banks are under growing pressure to manage financial crime risks at scale. Rising transaction volumes, increasingly sophisticated laundering techniques and tighter regulatory scrutiny are...

There was a time when financial crime risk assessments were treated as a box-ticking exercise, completed periodically to meet regulatory expectations rather than to...

Flagright and Vilja Solutions have announced a strategic partnership aimed at bringing modern core infrastructure and next-generation compliance capabilities closer together. The companies said the...

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

MV Shield, powered by Napier AI, has launched to give building societies and credit unions in the UK and Canada a modern anti-money laundering...

Financial crime investigations can feel like they start at the worst possible moment: after the headlines break, after names begin circulating externally, and after...

Coinbase Europe, the Dublin-based arm of the U.S. crypto exchange, has been hit with a €21.5m fine by the Central Bank of Ireland (CBI)...

As financial institutions accelerate their use of artificial intelligence to combat financial crime, explainability has moved from a technical consideration to a strategic priority. The...

For years, many lenders operated on the assumption that strong onboarding controls and sensible handling of suspicious cases would satisfy regulators. According to Salv,...