Tag: transaction monitoring

Human trafficking generates an estimated $236bn in illegal profits each year, with much of that money moving through financial activity that can appear entirely...

Sumsub Academy, the free training arm of identity verification and compliance platform Sumsub, has relaunched its flagship course as AML Transaction Monitoring 2.0. The programme...

Financial institutions have long treated fraud and anti-money laundering (AML) as separate disciplines, run on separate timelines by separate teams. Fraud detection demands split-second...

Giles Thomson, the new president of the Financial Action Task Force (FATF), has unveiled a multi-year roadmap to tackle fraud losses he says amount...

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

Customer risk does not wait for a calendar. Between one scheduled KYC review and the next, a director can be replaced, a beneficial owner...

Napier AI's Michael Joseph attended a recent ACAMS New Jersey chapter discussion on the shift from threshold-based transaction monitoring (TM) to AI-driven systems, alongside...

Financial institutions are under growing pressure to do more than simply flag suspicious activity. Regulators now expect firms to prove, document and defend every...

MVB Bank, a West Virginia-based subsidiary of Nasdaq-listed MVB Financial Corp., has agreed a multi-year partnership with Bretton AI to use AI-powered operations for...

Electronic Money Institutions (EMIs) are rethinking how they fight financial crime, moving away from stitched-together compliance stacks towards single, unified anti-money laundering (AML) platforms....