If you’ve found this article, the chances are you’re looking for: A fraud detection tool that’s powerful, efficient, and scalable. A way to quickly tell what differentiates leading solutions. A straightforward list of features and use cases. This article summarizes […]
Artificial Intelligence and Machine Learning: Are They Interchangeable? Artificial intelligence (AI) is an umbrella term referring to all the methods by which machines imitate human cognition – for instance, decision-making, data analysis, and the ability to solve problems. One of […]
Ever wished you could get your head around a vendor’s fraud detection solution in just 2 minutes? Wish no more. In this short video, Kieran Thompson, Senior Presales Consultant at ComplyAdvantage, walks you through the key reasons why leading financial […]
We know offering a market-leading Fraud Detection solution isn’t enough. Our customers rightly expect a speedy, smooth implementation process and outstanding expert service throughout their time with us. In this video, Oliver Furniss, Chief Product Officer, and Josh Sugarman, Senior […]
In the intricate world of financial crimes, there are numerous techniques employed by individuals and criminal organizations to obscure their illicit activities. Among these techniques, two common practices stand out: smurfing and structuring. What is Structuring? Structuring occurs when someone […]
When asked which area of their AML compliance program they’re most focused on improving, 40 percent of firms highlighted fraud detection. But with so many vendors on the market offering a range of products, what criteria should firms use to […]
With the value of payment fraud set to soar to more than $40 billion by 2027 and with real-time payment rails and new payment formats transforming the wider ecosystem, firms need to be on top of their game to manage […]
Any obligated firm faces a range of practical challenges in meeting compliance demands and addressing financial crime risks. For those operating in cross-border payments, these challenges are greater still; not only do regulators see cross-border activity as generally ‘riskier’ than […]
Perpetual KYC, or pKYC, is a best practice for approaching the know-your-customer (KYC) process. It’s seen by many innovative financial institutions and regulatory technology (regtech) providers as the answer to an increasingly complicated compliance landscape and high expectations from regulators. […]
Obtaining banking services as a Money Service Business (MSB) or fintech providing services similar to an MSB can be challenging. We’ve created this guide to help you achieve this goal by drawing on the experience of our regulatory and compliance experts, in-house practitioners who have advised MSBs and fintechs.
Credit card fraud is one of the most common types of identity fraud. Its prevalence rose significantly during the coronavirus pandemic, with fraudulent credit card applications up 17 percent in the first month of the pandemic alone. And this has […]
While embezzlement and money laundering are both financial offenses that often involve the movement of large sums of money, the terms are far from interchangeable. According to the United Nations Office on Drugs and Crime (UNODC), between two and five […]
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