Tags: Risk Management

In 2025, accurately identifying Politically Exposed Persons (PEPs) has become crucial for the financial sector in combating money laundering and corruption. Compliance teams must utilize…

Business activity intelligence (BizINT) has become essential for law enforcement as criminal organizations, including terrorist networks, leverage advanced technologies to conduct illicit operations. BizINT analyzes…

Understanding cultural differences is crucial for effective financial crime risk assessments, as they significantly impact compliance and risk management strategies, according to Arctic Intelligence. Varied…

A California policy group, co-led by AI pioneer Fei-Fei Li, has released an interim report urging lawmakers to proactively address potential AI risks. This 41-page…

In response to rising cyber threats, leaders in insurance and cybersecurity are urging the industry to enhance cyber resilience. A recent roundtable by Intersys highlighted…

Regulatory technology (RegTech) has become crucial for financial institutions navigating the evolving compliance landscape. Real-time data plays a vital role in streamlining compliance processes and…

AI-generated code is transforming application development by increasing efficiency, enhancing error detection, and reducing costs. However, businesses must address risks such as quality assurance issues,…

Founded in 2020, Washington, D.C.-based Consilient addresses the inefficiencies of traditional Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) systems. CEO Ajit Tharaken highlights challenges…

SPP Pension & Försäkring has partnered with Acuminor to enhance its financial crime risk assessment capabilities, focusing on combating money laundering, terrorist financing, and sanction…

Artificial Intelligence (AI) agents are transforming financial crime compliance teams by automating repetitive tasks like transaction monitoring and adverse media searches. This automation enables compliance…