Tag: Risk management

Moody's Analytics recently took the opportunity to explain how screening for politically exposed persons can strengthen KYC processes. 

After over a year of deliberations, the US SEC has finally adopted the proposed rules for enhanced cyber disclosures.

Effectiv, a real-time fraud and risk management platform servicing financial institutions and FinTech companies, has announced a fresh round of funding.

The significance of data visibility in the insurance sector is often underestimated. For companies hoping to maintain a competitive edge, robust data monitoring and management are critical, especially given the sheer volume of data they handle. Recognising this challenge, distriBind offers an innovative visibility solution that is setting new standards in the industry.

Sigma, recently ranked in the AIFinTech100 for 2023, is driving innovation with AI to offer robust and scalable risk management solutions. Their unique use of AI technologies makes the platform indispensable for current and prospective clients.

In a world that is constantly evolving, AI is proving to to be one of the biggest change-makers. How is it shaping finance? 

The global business head of DRYiCE iControl highlighted how firms can transform regulatory compliance and risk management.

Deutsche Bank has been hit with a fine of $186m by the Federal Reserve Board due to deficient AML practices and other violations.

WealthTech is an ever-evolving landscape, with wealth managers perpetually innovating to adapt to client needs. It's absolutely vital for these financial gurus to stay ahead of trends and identify the crucial areas of focus to provide stellar service and maximise client outcomes. As we journey into 2023, let's delve into the top five priorities for wealth managers.

Today, the growing complexity of financial operations coupled with an ever-evolving regulatory landscape has magnified the importance of AML compliance in businesses. Especially in FinTech companies, the timing to bring an AML Officer on board is pivotal to the firm's overall trajectory.