Beyond De-risking

Beyond De-risking Nearly half the world’s financial institutions have been victim to at least one financial crime in the last one year, according to this report by Refinitiv. This fallible financial climate calls for FIs to be risk intelligent. There are hefty costs to avoiding risks. [...]

2019-03-04T18:45:26+05:30March 4th, 2019|AML Solutions|

Implementing CDD in light of the 50% OFAC rule

In today’s increasingly digital world, financial institutions are forced to understand the complex and shifting corporate ownership structures of partners and customers in order to protect their assets. FinCEN reports that banks spent around $250 million on compliance efforts alone in the first year of implementation [...]

2019-01-14T15:58:02+05:30January 11th, 2019|AML Solutions, Uncategorized|