Tag: SmartSearch

Identity verification has long relied on the assumption that a person can be distinguished from an impostor through evidence of who they are. But...

Financial crime is evolving at speed, and artificial intelligence is once again the driving force. Fraudsters are using AI to build ever more convincing...

Hidden within the Home Office’s revised Right to Work regime is a technical requirement that many businesses may overlook, but which could carry significant...

Remote onboarding has made it faster and easier for customers to open accounts with banks and FinTechs. It has also given fraudsters new ways...

The FCA's latest review of money mule activity paints a detailed picture of how financial crime is shifting across the UK's regulated sector. Beyond...

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...

Regulated firms are being forced to treat adverse media screening as a frontline compliance control rather than a secondary check, as a wave of...

Static, rule-based fraud detection is becoming a liability for growing FinTechs, flagging legitimate customers as often as it catches genuine criminals. According to SmartSearch,...

Source of Funds compliance has spent much of the past decade as a background AML task, a box ticked on higher-value transactions rather than...

Financial crime is growing more sophisticated, and compliance teams that still rely on disconnected fraud and AML systems risk falling behind both fraudsters and...