Tag: Financial Crime 2023
Regulatory fines slapped on global financial institutions saw a staggering 88% dip in H1 2023 compared to the same period last year. This significant decline was unveiled in a report from Fenergo, the top-tier provider of digital solutions in client lifecycle management (CLM).
PEPs are a key topic of discussion right now. Fenergo recently took the chance to dip deeper on PEPs and the fight against financial crime.
Hawk AI, the leading provider of artificial intelligence (AI) based AML surveillance technology for banks, FinTechs, and payment firms, has announced a strategic partnership with Fourthline, a pioneering RegTech company specialising in AI-powered, compliant KYC and AML solutions.
Acuminor recently described how its Risk Assessment Pro platform helped to change a bank's financial crime risk management.
Facing the interconnected and complex financial ecosystems of today, financial institutions are grappling with regulatory compliance and financial crime prevention.