AML Compliance Issues and Trends in 2019 Anti-money laundering (AML) has always been an issue for the finance sector. But as the political stances change, strategic partnerships emerge and break, it is becoming an increasingly complicated matter. In the past, AML departments in banks were comprised of one or two staff members or they [...]

Insider Threat and Cyber Security Issues in the Financial Industry Finance industry depends heavily on data. Well, nowadays almost all companies rely on data to some extent, but finance companies literally live on data. This is why protecting their data is crucial to not only their security but also their existence. This makes [...]

How Fintechs Can Deal With Regulatory Compliance Today we live in a global ecosystem where technological advances are imposing a brand new order. Changing customer demands, open source softwares, free-to-use services are all driving significant change in the way products and services are being created and delivered. As barriers of entry seem to be [...]

How Artificial Intelligence is Transforming AML and KYC Compliance It’s been a turbulent year for anti-money laundering (AML) compliance in big financial institutions. We were bombarded with media headlines in a seemingly never-ending wave of scandals: “Dutch bank ING fined $900 million for failing to spot money laundering” — Reuters “Australia's biggest bank [...]