Tag: Risk-based Approach
Safeguarding financial integrity through advanced AML compliance strategies
In today's financial landscape, AML transaction monitoring is key for protecting the integrity of financial institutions and the global financial system. This continuous surveillance of...
How to enhance KYC and CDD processes for better customer experiences
Balancing a seamless customer onboarding experience with stringent compliance measures can be challenging. RelyComply, an intelligent AML compliance platform, recently outlined strategies and best...
4 critical AML use cases for AI
The relentless advancement of artificial intelligence (AI) in banking is a game-changer in the ongoing war against financial crime. Financial institutions of every size...
Adapting to Directive 8: A comprehensive guide for accountable institutions
Financial service providers, estate agents, and attorneys operating in South Africa face a critical challenge: aligning their processes with Directive 8.
Cybersecurity leader Visium Technologies lands $2.5m credit agreement
Visium Technologies, a leading global cyber security and analytics company, has announced the signing of a 3-year $2.5m revolving credit line agreement.
Utilising AI in the Shift Towards Perpetual KYC
The FinTech landscape is increasingly gravitating towards perpetual know your customer (KYC) protocols. As part of this evolution, the operational pillars are rapidly transforming. Graham Bailey, COO of Quantifind, and Brian Kindle, VP of product development at ACFCS, shed light on this shifting terrain in a new podcast on the foundational elements of perpetual KYC.