Ensuring financial security: How firms comply with the OFAC SDN list
A recent post by Alessa has detailed what the Office of Foreign Assets Control Specially Designated Nationals and Blocked Persons List is.
How financial institutions can safeguard integrity with the three-step risk-based method
In a recent post by Fenergo, the company outlined how FI's are able to safeguard integrity with a three-step risk-based method.
Deutsche Bank’s DWS faces $25m penalty for AML, ESG failures
DWS Investment Management Americas has been charged by the SEC in two separate enforcement actions leading to a settlement $25m.
The layered approach to compliance culture in a constantly evolving ecosystem
The intricate connection between corporate culture and compliance holds significant value in today's businesses. Every decision made by employees can potentially impact compliance.
What are CFPB’s reforms to redefine consumer data handling?
The CFPB has unveiled ambitious amendments to the FCRA that would redefine the rules for data brokers, furnishers, and end users.
The future of underwriting: IntellectAI’s triumph with generative AI models
Research indicates that the Generative AI market is at a pivotal moment. According to Grandview Research’s Market Analysis report, the global generative AI market size stood at USD 10.14bn in 2022 and is poised to witness a compound annual growth rate (CAGR) of 35.6% from 2023 to 2030.
Kreda chooses Amlyze for state-of-the-art compliance software
Amlyze, a firm known for its anti-financial crime tools, has recently been chosen by Kreda, a major united central credit union in Lithuania.
FCA outlines ambitious plans to elevate diversity in financial sector
The Financial Conduct Authority (FCA) is taking substantial steps to enhance diversity within the financial services sector.
EPI announces wero as its breakthrough digital wallet solution
The EPI, a bank-backed venture established to counter giants like Mastercard in Europe, named its digital wallet solution as 'wero'.
Visa links with UK government for AI scholarships at leading universities
Visa is teaming with the DSIT to co-fund data science and AI scholarships for underrepresented postgraduate students.
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