Anti-money laundering news stories

The latest Forrester report revealed that SAS received the highest score in the anti-money laundering category of 15 vendors.

Chartis has named SAS a category leader in trade-based anti-money laundering (TBAML) for its broad end-to-end automation and deep risk analytics capabilities.

Customer identity is the foundation of customer engagement and trust, particularly during a time when organisations are onboarding more customers than ever before.

A third of financial institutions are accelerating their AI and machine learning adoption for anti-money laundering technology in response to COVID-19. 

A third of financial institutions are accelerating their artificial intelligence and machine learning adoption for anti-money laundering technology in response to COVID-19, a new report finds.

Financial institutions in Asia Pacific are paying a heavy price for not complying with some of the most common and widespread regulations designed to protect them and their customers.

“First AML conducts regular, detailed staff privacy and security training sessions and employs regular third-party audits that go above and beyond what is required by law."

The decade-old rules-based systems cannot keep up with sophisticated cyberattacks and money laundering threats on their own, writes FICO financial crimes leader for APAC Timothy Choon.

Oracle Financial Crime and Compliance Management Cloud Services is an application suite designed for mid-sized banks and smaller financial institutions.

With more competition in the venture capital space, and newer forms of investment from equity crowdfunding to angel syndicates, technology has an enhanced role to play.

It’s estimated that the new legislation will more than quadruple the number of businesses affected in New Zealand.