Mark your calendar for the CATALYST virtual event: a live stream of our invitation-only London summit where we will unveil how integrated AI is reshaping financial crime risk management for unprecedented efficiency and accelerated business growth.
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Challenger banks
In this live webinar, our panel of industry experts will discuss a critical choice for compliance and executive leaders: whether to build or to buy a transaction monitoring system.
Qonto is a European business finance solution for freelancers and small and medium-sized enterprises (SMEs), providing an all-in-one platform for bookkeeping, expense tracking, cash flow management, and payment accounts. The business is headquartered in Paris, with various other operating locations […]
If you’ve found this article, the chances are you’re looking for: Anti-money laundering (AML) software that’s designed for banks. A way to quickly tell what differentiates leading solutions. How respected third parties assess top adverse media and AML vendors’ capabilities. […]
While politically exposed persons (PEPs) may transact with banks exactly the way typical clients do, regulators around the world expect firms to manage PEPs with a higher degree of scrutiny. This article will take a closer look at: Who can […]
Fraud detection and prevention are two of the most critical competencies in banking today. The ground reality for banks today is that firms will be dealing with thousands of fraud attempts every single month. And should a criminal succeed, the […]
In banking, know your customer (KYC) refers to the series of mandatory processes necessary to identify who a given client is when they’re opening an account so that the bank can confirm they are who they say they are. Even […]
Sanctions screening helps banks prevent sanctions violations by screening customers and their transactions for sanctions list matches. This allows them to remain compliant with international sanctions, avoid penalties, and help protect the national security of the countries in which they […]
By tailoring screening to their risk-based approach and safely whitelisting false alerts at onboarding, Holvi has cut the time they spend remediating false positives in half.
Adverse media, also known as negative news, is a vital component of any risk-based anti-money control system and one of the most effective safeguards for banks. Financial authorities around the world have made screening for negative media a legal requirement […]
An enterprise-wide risk assessment (EWRA) brings a harmonized approach to the types of risk an organization faces. For banks, in particular, an EWRA involves the financial institution identifying threats, critical risks, and impacts that should be considered to manage risks […]
As the regulatory and enforcement focus on money laundering and related financial crimes intensifies, adverse media screening can add immense value for banks. Effective adverse media screening demonstrates a bank’s strong commitment to responsible compliance and can result in substantial […]