Tag: customer due diligence

Financial criminals are often flagged in the news long before they appear on sanctions or politically exposed persons (PEP) lists. Regulators worldwide—including FATF, FinCEN,...

Compliance teams across the financial sector are grappling with overwhelming volumes of communications. From emails to messaging apps, the daily flood of interactions now...

Financial institutions worldwide continue to face hefty penalties for shortcomings in anti-money laundering (AML) procedures, with fines often reaching into the tens of millions. Napier...

Explore why rules-based KYC remains vital despite AI advances. Learn how KYC Portal CLM keeps compliance efficient and auditable

In today’s rapidly evolving regulatory environment, financial institutions can no longer afford to treat compliance as a routine check-box exercise. A single overlooked red...

Diversity in the financial ecosystem is no longer a trend—it’s the norm. Gone are the days when personal finance required visiting a physical bank...

Australia’s financial crime watchdog, AUSTRAC, has taken a major step towards modernising its Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) framework by publishing its Second...

In an increasingly complex regulatory landscape, small and medium-sized enterprises (SMEs) are facing growing pressure to keep pace with anti-money laundering (AML) compliance requirements....

The European Banking Authority (EBA) has published a new consultation outlining proposed Regulatory Technical Standards (RTS) to overhaul how anti-money laundering (AML) and counter-terrorism financing (CFT) are supervised across the EU. The proposed changes are intended to create consistency, clarity and stronger oversight across the bloc while informing the work of the new Anti-Money Laundering Authority (AMLA).

As the fentanyl crisis intensifies, Canada is turning to technology to curb drug trafficking and its financial enablers. Napier AI, which offers a next-generation intelligent...