AML compliance Crypto Customer stories Ziglu reduced predicted on boarding time considerably Ziglu was able to demonstrate they have the right AML controls in place, when onboarding new customers and receiving their e-money license from the FCA. 3 minute read
AML compliance Looking ahead to 6AMLD Looking ahead to the 6th Anti-Money Laundering Directive Since 1991, the EU’s strategy for tackling money laundering has centered on the transposition of a succession of Anti-Money Laundering Directives into the national laws of the member states. 5AMLD extended existing AML… 1 minute read
KYC/KYB Payments Customer stories Monneo increased productivity and uncovered hidden risks. ComplyAdvantage’s intuitive user-interface allowed Monneo’s compliance team to quickly optimize their processes and reduce time spent conducting manual reviews. 1 minute read
AML compliance Knowledge & training Anti Money Laundering History: 1970 to 2022 One of the most significant events in the anti-money laundering history of the USA took place with the enactment of the 2020 AML Act (AMLA) on 1 January 2021. AMLA’s passage was not without obstacles. Congress was forced to override… 8 minute read
Adverse media Payments Customer stories Azimo improved AML risk management and reduced false positives ComplyAdvantage’s reliable customer support and transparent whitelisting capabilities and controls allowed Azimo to better manage their client risk through alert and false positive reduction. 3 minute read
AML compliance Lending Customer stories Robocash saw a 50% reduction in time to manage alerts. The flexibility in the tool’s parameters allowed ROBOCASH’s compliance team to configure their screening and monitoring approach to reduce false positives and make quicker decisions on clients. 1 minute read
AML compliance Insurance Customer stories Luko Significantly Reduces False Positives and Incorrect Hits Luko can now easily customize parameters, change match statuses and escalate alerts to other team members, and the clear audit trail provided by the tool ensures compliance obligations are met. 2 minute read
AML compliance Payments Customer stories Volopa reduced manual effort and time to onboard Volopa can now onboard a large number of customers in seconds, compared to a previous average of 1½ to 2 hours per customer. 1 minute read
AML compliance Knowledge & training US Anti-Money Laundering Act 2020: Key Highlights On 1st January 2021, the US Senate passed the Anti-Money Laundering Act 2020 (AMLA). Part of the National Defense Authorization Act for Fiscal Year 2021, the US Anti-Money Laundering Act introduces the most significant reforms to anti-money laundering laws and… 6 minute read
AML compliance Reports The State of Financial Crime 2021 In our annual industry report here at ComplyAdvantage, we explore how technology and geopolitics are set to shape financial crime compliance. 1 minute read
AML compliance Knowledge & training How to comply with Canada’s AML requirements Canada’s status as the second-largest economy in North America and as a major center for business and finance means it faces significant money laundering risks. In 2021, the Financial Action Task Force (FATF) provided an update on its assessment of… 7 minute read
AML compliance Knowledge & training Automating AML/KYC for digital assets Automating and enhancing AML/KYC compliance for digital assets The Know Your Customer (KYC) process is a fundamental component of anti-money laundering regulations in jurisdictions around the world. However, with the rise of disruptive blockchain technology and increased global use of… 6 minute read
