Money Laundering Explained – Criminal activities generate huge illegitimate cash that needs to be converted into plausible income for lawful access without raising ...
Read moreAuthor: Tony Raval
Tony Raval brings more than 15 years of leadership in data technology as the Founder and CEO of IDMERIT, headquartered in Carlsbad, California. He leads an executive team including top data tech veterans to execute on his passion of creating a global data universe generating true and trusted intelligence. IDMERIT’s competitive success has come from the company’s ability to perform cross-border transactions, for which Tony and his team have developed a meticulous process and progressive technology. The company was launched as the result of a highly effective engagement with a leading global financial institution, whereby the company was uniquely able to triangulate multiple elements to create a comprehensive, and yet, frictionless experience. Tony has provided data intelligence to companies such as Google, SalesForce, and HP as well as clients across financial, government and other sectors seeking a superior partner in compliance and mitigating risk. He holds a Master’s Degree in computer engineering and data sciences, is an active member of the Entrepreneurs Organization San Diego and dedicated mentor to new entrepreneurs in EO’s Accelerator Program, enjoys meditation and running, and he and his wife Sonal recently celebrated their three-year-old son's birthday.
Contents: Fintech and Money Laundering Pain Points Why Fintech AML Compliance is Important AML in Fintech-Associated Risk and Challenges How to Select an Effective Fintec...
Read more
November 02, 2022
The Inevitable Role of AML in the Payment Sector and AML Transaction Monitoring Best Practices
Contents: Why is AML in the Payment Sector required? AML Transaction Screening AML Transaction Monitoring Challenges in AML Transaction Monitoring Selecting the Best AML ...
Read more
Contents International AML-CFT Standards The U.S. Bank Secrecy and PATRIOT Acts The U.K. POCA Act and FCA Compliance The EU AMLDs and eIDAS Guidelines COAF and BCB Identi...
Read more
The write-up highlights Know Your Transaction (KYT), what is KYT, why KYT is important, and that only KYC isn’t enough today to fight money laundering, terrorism, and o...
Read more
August 08, 2022
The Importance of Transaction Monitoring and SAR-STR Filing for Anti-Money Laundering Compliances
Contents Why is Transaction Monitoring Important? AML Transaction Monitoring – The Flow of Events Transaction Monitoring Software in Today’s Digital Milieu FATF Recom...
Read more
July 04, 2022
The Scope of Online Identity Verification from a Technological and Regulatory Perspective
Contents Scope and Industry Requirements Types of Online Verification Methods Face Recognition vs. Face Comparison Technology Global Identity Verification Regulations and...
Read more
April 18, 2022
A Complete Guide to Automated KYC Solutions
Since the inception of Know Your Customer (KYC) regulations, automated KYC solutions and identity verification are vital to meet customer and institution expectations. An...
Read more
Face verification may now be a fun way to unlock your smart devices and play dress-up, but it was meant to be a deterrent for data theft and to ease user onboarding. Incl...
Read more