Tag: Consilient

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...

In early 2024, a finance employee dialled into what looked like an ordinary video meeting with the CFO and several senior colleagues. In reality,...

Artificial intelligence is transforming the fight against financial crime. However, it's also giving criminals powerful new tools. As banks, regulators and technology providers race...

Risk management is one of the core foundations of a firm’s compliance workflow. When implemented effectively, risk management helps ensure compliance processes are not...

Sigma360 and Consilient, a pioneer in federated machine learning for financial crime discovery and prevention, have announced a strategic partnership. The collaboration aims to tackle...

Banks don’t struggle with KYC because they cannot access data; the bigger failure is that customer risk stops evolving once the onboarding file is...

Artificial intelligence is rapidly altering how financial institutions manage anti-money laundering programmes, but the shift brings a central question into focus: how can banks...

In the world of anti-money laundering (AML), credibility depends on more than mathematical performance. If models cannot be explained clearly, executives won’t trust them...

Fentanyl is one of the most lethal narcotics in circulation, and the funds that sustain its trade often slip past traditional financial crime controls....

Monzo’s £21m fine by the Financial Conduct Authority (FCA) has become a stark reminder for the banking sector: scale without control is not success....