AML RightSource Welcomes Director of Managed Services Nicholas Spagnole
AML RightSource (“AMLRS”), the leading firm focused on fighting financial crime for clients and the world, is pleased to announce that Nicholas Spagnole has joined the company as Director of Managed Services. In this role, he will support the company’s client delivery practice, including managed services and advisory.
AML Voices: Human Trafficking: Evolving Topologies - Actionable Data
Our expert panel discusses evolving topologies of human trafficking. They look at the changes to more online based activity, the shift to use of vacation rental services, and the reemergence of cash transactions. They also identify new activities, such as webcamming, which arose early in the pandemic continuing, even as lock downs are easing in some geographies.
AML Voices: What is Going on in Transaction Monitoring Systems?
Our expert panel discusses the purposes of suspicious transaction monitoring, what output is generated by the systems, how they can be improved, and how to reduce the large volume of false positives. They also look at how to use risk analysis to determine which alerts should be the focus of investigations.
Applying AI to Stop Regulatory Compliance Fines
Financial institutions face a double whammy when it comes to anti-money laundering (AML) compliance. On one hand, they must consistently review and detect suspicious activity in an ever-growing stream of transactions. At the same time, compliance teams must meet that standard with whatever resources and support they are offered and avoid compliance fines by meeting regulatory expectations.
Active/Inactive Company AI Agent Further Enhances the QuantaVerse AML Compliance Platform
Watch this video for more information about the QuantaVerse Platform New capability considers a company’s registration status as an indicator of AML/BSA compliance risk CLEVELAND (February 9, 2022) – AML RightSource (“AMLRS”), the leading provider of Anti-Money Laundering (“AML”), Know Your Customer (“KYC”), and Bank Secrecy Act (“BSA”) compliance solutions, has added an Active/Inactive AI Agent to its QuantaVerse Platform. This capability adds another way that the solution evaluates AML risk related to financial transactions and the entities involved with them. This function further extends the QuantaVerse Platform’s position as the industry’s most complete AML compliance technology platform.
Seven Indications That Your AML Compliance Program Will Benefit from Advanced Technology
Watch this video for more information about the QuantaVerse Platform As AI makes it possible for anti-money laundering (AML) processes to become increasingly automated, efficient, and effective, rules-based transaction monitoring systems (TMS) are being supplemented with these solutions to drive down false positives, streamline investigations, and identify risk that is going undetected. This begs the question: what are the indications that your AML compliance program will benefit from advanced technology?
Lindy Falvey joins AML RightSource as the new VP of Technical Training
AML RightSource (“AMLRS”), the leading firm focused on fighting financial crime for clients and the world, is pleased to announce that Lindy Falvey has joined the company as Vice President of Technical Training. In this role Falvey will lead the design and execution of the Company’s technical training strategy and measures to drive professional development. Falvey will report to Cory Skinner, SVP Corporate Development Operations.
AML RightSource Welcomes Ken Harvey to its Advisory Board
AML RightSource (“AMLRS”), the leading firm focused on fighting financial crime for clients and the world, is pleased to welcome Ken Harvey to its Advisory Board. The Advisory Board provides AMLRS and the overall financial crime compliance community with advice, counsel, and thought leadership on a variety of issues including enhancing global anti-money laundering (AML) and financial crime prevention practices and promoting private-public partnerships throughout the globe. Harvey has been on the QuantaVerse Board of Managers since 2017. QuantaVerse was acquired by AMLRS in 2021.
AML Conversations: Ken Harvey Joins the AMLRS Board
Advisory Board Chair John Byrne sits down with Ken Harvey to discuss his joining the Board. They chat about Ken’s long career in financial service technology, the impact of technology development on customer interactions and financial crime compliance, and the continuing expansion of transaction volumes. They also talk about how regulators are fostering innovation and supporting the deployment of emerging technologies.
