Tag: AML

Promotional campaigns such as welcome offers, free spins, cashback and referral rewards are designed to attract genuine players and accelerate growth for iGaming brands....

For decades, financial institutions built their compliance programmes on one core assumption: risk could be assessed on a schedule. According to Saifr, customer due diligence...

Automated decisioning is the use of predefined rules, data integrations and scoring models to evaluate an application, transaction or identity check, returning an approve,...

Australian regulator AUSTRAC has compelled bet365 to sign a court-enforceable undertaking after uncovering serious gaps in how the online bookmaker assesses money laundering risk...

Compliance teams often treat sanctions screening, PEP screening and adverse media screening as interchangeable checkboxes on an onboarding form. They are not. Each layer addresses...

Financial institutions have long treated fraud and anti-money laundering (AML) as separate disciplines, run on separate timelines by separate teams. Fraud detection demands split-second...

Source of Funds compliance has spent much of the past decade as a background AML task, a box ticked on higher-value transactions rather than...

Giles Thomson, the new president of the Financial Action Task Force (FATF), has unveiled a multi-year roadmap to tackle fraud losses he says amount...

Compliance analysts are meant to be investigating risk and stopping fraud, yet much of their day is consumed by chasing documents and verifying paperwork....

Payments and gambling firms are haemorrhaging money on regulatory monitoring, with some compliance teams spending up to 40% of their time simply checking whether...