The State of AML Practices in 2020 eBook
Keep the foundation strong Keeping a program fresh, up-to-date, and productive takes a commitment of human and financial resources. A key factor in operating a successful program is understanding the essentials of such a program.…
AML Essentials: Refreshing the Foundation eBook
Keep the foundation strong Keeping a program fresh, up-to-date, and productive takes a commitment of human and financial resources. A key factor in operating a successful program is understanding the essentials of such a program.…
Machine Learning & Robotic Process Automation: The Next Steps in AML Technology
In recent years, discussion of technologies such as Artificial Intelligence (AI) and Machine Learning (ML) flooded the AML industry, raising many questions regarding their application and impact. However, positive impact of their applications in the…
Rethinking AML Compliance in the Age of Disruption
Shift your focus forward. Money laundering and other financial crimes continue to create increased risk to the global financial system, and support criminal/terrorist activity. All participants in the financial industry need to work to stem…
Model Validation vs Tuning & Optimization Whitepaper
How do you validate your financial model performance? A recent supervisory guidance (OCC 2011-12) highlighted why financial institutions should maintain BSA / AML models that produce productive alerts. However, regulators have been ambiguous about whether…
Illicit Funds in Terrorism Ebook
Organized crime and terrorism groups both rely on laundered money to fuel their operations. If left unchecked, these organizations can cause massive economic damage and even lead to the loss of life. It’s up to…
The State of AML Practices in 2019
Learn how to be effective in the 2019 AML industry Criminals are always looking for new and innovative ways to launder money. AML professionals will need to stay abreast with industry-wide trends and new illicit…
Evaluating Controls in the Risk Assessment Equation
The Federal Financial Institutions Examination Council (FFIEC) requires financial institutions to develop and maintain an Enterprise Wide Risk Assessment (EWRA). Yet, this council provides little guidance on how companies should develop an effective EWRA process.…
Protect yourself from illicit funds hidden in artwork
Did you know criminals can use art to evade taxes and launder money? First, art’s value is subjective so prices can fluctuate without explanation. Second, art transactions lack the regulations required by other industries like…
