Tag: financial crime

A customer can clear sanctions and politically exposed person (PEP) checks while still presenting risks that structured screening does not identify. A company director...

Footprint, the AI operating system for risk and compliance, has closed a $25m Series B funding round to accelerate the rollout of its agentic...

Casino compliance teams working in anti-money laundering (AML) hardly need reminding that failures in this area can prove costly. The Venetian's recent $7.2m settlement,...

Money laundering reporting officers are no longer judged purely on how well they spot financial crime. Increasingly, they are judged on how well they...

Nasdaq Verafin and Stablecore have entered a partnership designed to close the gap between fiat and digital asset financial crime monitoring. The tie-up channels digital...

Know Your Business (KYB) is the process of confirming that a company is legally registered, genuinely exists, and is controlled by people who are...

Regulated firms are being forced to treat adverse media screening as a frontline compliance control rather than a secondary check, as a wave of...

Adverse media screening is too often treated as a box-ticking obligation rather than a genuine early-warning system, and that mindset is leaving financial institutions...

The way financial products reach customers has changed beyond recognition, and with it, the shape of financial crime risk. Branches, telephone banking and card...

Financial crime is becoming faster, more connected and increasingly difficult to detect through isolated compliance checks. As financial institutions add more AML, KYC, fraud...