Tag: Anti-Money Laundering

There is no shortage of talk about AI in financial crime compliance. Boards demand it, vendors promise it and regulators are paying closer attention....

Chinese money laundering networks (CMLNs) are no mystery to the financial crime community, yet the money keeps moving. According to research from Consilient, which recently...

Financial crime compliance has passed through three distinct eras. First came human-led investigation, then rules-based automation, and now a third wave is beginning to...

For decades, passing a US anti-money laundering (AML) audit meant proving a programme existed. Write the policies, appoint the officer, train the staff, complete...

Something quietly broken sits at the heart of financial crime compliance at most major banks: the screening systems are working perfectly, and that is...

Europe's Anti-Money Laundering Authority is moving away from process-heavy compliance and towards a results-driven model, according to Napier AI's analysis of AMLA's inaugural public...

Traditional know-your-customer compliance is no longer struggling to keep pace. It is collapsing under the weight of its own limitations. Rising regulatory demands, increasingly...

Compliance officers have long operated in a world of too many systems and too little time. Transaction monitoring sits in one platform, KYC data...

Australia's financial crime compliance sector is caught between two forces pulling in opposite directions, according to RegTech firm Napier AI. AI is simultaneously strengthening...

DNB Bank ASA, Norway's largest financial services group, has chosen the X-Sight Enterprise platform from NICE Actimize to overhaul its fraud and financial crime operations...