Guide to Your AML-API Service Discover how AML-API services enhance compliance by enabling seamless integration with your business software, ensuring faster PEP and sanction list screenings, and minimizing false positives. Download the Infographic

Unleash Seamless Payments with CBPR+ Onboarding CBPR+ recommends standard specifications for financial institutions to adopt ISO 20022 message format. Implementing the CBPR+ specification requires the standards and recommendations that Swift specifies, including using the particular message types, data elements, and formatting norms established by ISO 20022. This guarantees that communications between financial institutions have [...]

Use of AI and ML Technologies in AML Compliance There has been a growing interest in the use of artificial intelligence (AI) and machine learning (ML) technologies for anti-money laundering (AML) compliance. These technologies improve the efficiency and effectiveness of AML compliance programs by automating the detection of suspicious activity and providing more accurate [...]

Payments Hub for a Frictionless Payments LandscapeIncremental increase in the number of international banking institutions and naturally in the inclination towards international transactions as a result of the evolution in the global trade pointed out that the current payments infrastructure needs an update in the direction of reducing fragmentation and achieving a more unified approach. [...]

Digital Journey of a Customer Onboarding Why we need such a technology for both ends?Digital customer onboarding emerges as the solution to the challenges in the financial industry resulting from the digitalization and globalization. Financial institutions struggle with creating a smooth digital experience for their clients while at the same time ensure the same quality, [...]

ISO 20022 Roadmap ISO 20022 aims to enhance the payments processes by making data more consistent, structured and richer to be in line with the demands and trends of the digitalization. Migration to ISO 20022 for the payments messaging standards is due for the end of 2022 and it is estimated that 80% of [...]

Cost of Compliance in Uncertain Times Compliance has been on the edge of innovation for banks and financial service providers with instant growing technologies; due to increase in global financial risk. Industry leader banks and financial institutions are making smart partnerships with technology providers to broaden the resiliency of their compliance infrastructure. According to [...]