Tag: Sanctions screening

Global technology and services company Concentrix Corporation has announced a collaboration with RegTech firm Napier AI to roll out an AI-powered anti-money laundering (AML)...

For many years financial institutions have invested heavily in tools that detect suspicious activity. However, detection is only one part of the equation, and...

New research has put a striking figure on the cost of inefficient compliance operations: Tier 1 banks could save up to $177.9m per year...

Global payments firm TransferMate has partnered with artificial intelligence compliance specialist Vivox AI to dramatically overhaul its anti-money laundering (AML) and sanctions screening operations,...

Financial crime compliance is undergoing a period of significant transformation. As financial institutions contend with evolving regulatory expectations, increasingly sophisticated criminal activity and growing...

Concentrix Corporation has announced a collaboration with RegTech firm Napier AI to deliver AI-powered anti-money laundering (AML) solutions across Australia and New Zealand (ANZ). The...

Anti-money laundering compliance doesn't end the moment a customer clears an onboarding check. For regulated businesses, that milestone is simply the starting point of...

Compliance teams at regulated firms are caught in a losing battle. Half their working day is absorbed by repetitive, manual tasks — yet the...

The debate over whether artificial intelligence will displace compliance professionals is, at this point, a distraction. The more consequential question — and the one...

The rules governing beneficial ownership information reporting have undergone a dramatic transformation since the Corporate Transparency Act (CTA) came into force — and compliance...