Tag: AML Compliance
Adverse media screening has become an integral component in the finance industry, especially in relation to Anti-Money Laundering (AML) compliance. RegTech company Alessa recently...
Flagright recently widely explored the hidden risks in the era of real-time transactions in the financial world.
Today, the growing complexity of financial operations coupled with an ever-evolving regulatory landscape has magnified the importance of AML compliance in businesses. Especially in FinTech companies, the timing to bring an AML Officer on board is pivotal to the firm's overall trajectory.
In an increasingly interconnected financial landscape, financial crime has become more sophisticated, underlining the importance of maintaining robust anti-money laundering (AML) compliance for financial institutions. With stringent regulatory scrutiny and technological advancements, financial institutions must adhere to strict AML regulations to deter activities such as money laundering, terrorism financing, and other financial crimes. Moreover, understanding and considering the significant cost of non-compliance is vital.
Ziina, under the strategic leadership of their Head of Compliance and AML, Leonardo Correa, has adopted the groundbreaking platform of Flagright to revolutionise their AML compliance strategies and fraud prevention procedures.
In a recent post by Flagright, the company explained in thorough detail the return on investment (ROI) of AML compliance.
Fenergo, a leading provider of digital Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management (CLM) solutions, and Coinmotion, a Finland-based cryptocurrency service provider, are partnering to streamline anti-money laundering (AML) compliance processes.
In a recent post by Alessa, the firm outlined the role of AML audits in enhancing regulatory compliance at companies.
In a recent post by Alessa, the company detailed how businesses can tackle account takeover fraud and ways to detect signs of it.