Tag: sanctions compliance

The Federal Reserve predicted in 2022 that the benefits of instant payments would be critical for financial institutions seeking to remain competitive. That prediction...

FundApps, a regulatory compliance SaaS provider serving the investment management industry, has launched a new global Sanctions Screening Service to help firms stay ahead...

PSA Solutions has partnered with Strise to help law firms cope with stricter anti-money laundering (AML) regulations by integrating PSA’s Custodian Client Onboarding system...

In the fight against financial crime, two tools stand out as critical to anti-money laundering (AML) strategies: transaction screening and transaction monitoring. While often...

A fraud investigator’s workday often begins with urgency. A suspicious transaction alert can mean a customer has already fallen victim to a scam, with...

The European Banking Authority (EBA) has raised concerns over growing money laundering and terrorist financing (ML/TF) risks across the EU’s financial sector, fuelled by...

As financial institutions grapple with increasingly complex geopolitical risks, sanctions enforcement is rapidly entering a new era. According to Quantifind, at the recent Sanctions...

Asset management firms worldwide are under growing pressure to ensure strict compliance with sanctions regulations or risk serious financial penalties and reputational harm. A...

Australia’s financial crime watchdog, AUSTRAC, has taken a major step towards modernising its Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) framework by publishing its Second...

As the adoption of AI agents accelerates, definitions remain fragmented. WorkFusion, which introduced its first AI agents for financial crime compliance in 2022, has...