Tag: risk assessment

Donegal Insurance Group is expanding the use of AI-powered property analytics in its underwriting operations through a wider agreement with ZestyAI, bringing additional property...

Firms invest heavily in scoring models, regulatory alignment and workflow design for their financial crime risk assessments. Yet the most influential variable in these...

Financial crime risk assessments are frequently treated as technical exercises built on structured frameworks, scoring models, control inventories, residual risk calculations and data analysis. According...

Anti-money laundering compliance at law firms can easily become a routine of completed forms. The client is identified, sanctions and PEP screening is done...

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

Key views on Impact of automation and AI across asset management functions: Acuity Analytics surveyed around 80 senior asset management representatives across the Americas,...

Financial services once moved through channels that were easy to watch: branches, telephone banking, card networks and conventional payment rails. Compliance teams could monitor...

Financial crime has evolved faster in the last five years than in the previous two decades, yet many institutions are still assessing risk with...

Artificial intelligence is no longer limited to automating simple, repetitive compliance and risk tasks. Across financial services, firms are increasingly using AI to conduct...

Australian regulator AUSTRAC has compelled bet365 to sign a court-enforceable undertaking after uncovering serious gaps in how the online bookmaker assesses money laundering risk...