Tag: PEP Screening

Financial crime is evolving at speed, and artificial intelligence is once again the driving force. Fraudsters are using AI to build ever more convincing...

Financial institutions racing to embed AI into their compliance operations face a stubborn problem: the technology does not always give the same answer twice....

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

Financial crime does not wait to be listed. Money laundering, corruption, human trafficking and fraud can attach themselves to a customer, supplier or counterparty...

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...

Politically Exposed Person (PEP) screening is the process compliance teams use to determine whether a customer, counterparty or beneficial owner holds a public position...

Static, rule-based fraud detection is becoming a liability for growing FinTechs, flagging legitimate customers as often as it catches genuine criminals. According to SmartSearch,...

KYC and AML compliance work absorbs enormous analyst time, yet most of that time isn't spent on genuine judgment calls. It's spent wrangling documents,...

Compliance teams often treat sanctions screening, PEP screening and adverse media screening as interchangeable checkboxes on an onboarding form. They are not. Each layer addresses...

A politically exposed persons check (PEP check) sits among the most consequential controls in any AML compliance programme. Done well, it surfaces elevated risk...