Tags: compliance

Behavox Quantum is revolutionizing BNY’s compliance management by enhancing monitoring across various communication channels and supporting over 16 languages. Tom Wileman, BNY’s head of global…

In modern workplaces, sudden software implementations without employee consultation can disrupt workflows, emphasizing the need for employee involvement in technology rollouts. A ViClarity study shows…

Traditional Know Your Customer (KYC) processes are increasingly insufficient in the evolving financial landscape, leading to challenges such as high onboarding costs and extended review…

In the financial sector, the need for adaptive compliance solutions is urgent due to rising transaction volumes and strict regulations. Containerization has emerged as a…

Money laundering is a process used by criminal organizations to disguise illicit profits and integrate them into the legitimate economy. It occurs in three stages:…

The integration of Artificial Intelligence (AI) into financial crime compliance (FCC) is revolutionizing the banking industry, according to the Celent Dimensions Survey 2025. AI, which…

Revolut, a leading London-based FinTech firm, has been fined €3.5 million by Lithuania’s central bank, marking the largest penalty ever imposed by the authority. The…

The Bank of Lithuania has fined Revolut, a major European banking player, after an investigation revealed deficiencies in its monitoring of business relationships and customer…

Agentero, a California-based InsurTech firm founded by Luis Pino, is transforming the insurance landscape with its innovative platform, Producerflow, aimed at improving producer management for…

U.S. banks are increasingly leveraging the IRS eService’s Taxpayer Identification Number (TIN) Matching tool to enhance compliance and operational efficiency. This service allows institutions to…