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
There are many reasons why scammers do what they do. One of their main motivations is money, but in the case of ransomware, data breaches, or virus attacks, sometimes the...
Read more
Due to recently passed anti-money laundering (AML) legislation, age verification and new player identity verification must be completed by gambling and gaming websites op...
Read more
In the UK, the overall value of online banking fraud has drastically increased in the past ten years. New legislation and regulatory frameworks are aiming to curb these i...
Read more
Identity document validation (and detecting fraudulent identity documents) is a major part of a robust Know Your Customer (KYC) process. Authenticating and verifying gove...
Read more
Ever since the advent of blockchain and bitcoin, things have looked very different. Initially, most people wrote bitcoin (which was the first cryptocurrency) off. Since i...
Read more
“Financial institutions have been hit with $10.4 billion in global fines and penalties related to Anti-money laundering (AML), know your customer (KYC), data privacy, a...
Read more
Currently, the cybersecurity risks for financial institutions is high. In recent years, there have been over one billion cyber attacks on financial institutions. They hav...
Read more
Money laundering is the process by which financial transactions are conducted in a way that obscures the link between the funds and their origins. Annually, money launder...
Read more