In the dark world of money laundering, where dangers and risks lie at every step, AML/CFT compliance serves as a stepping stone. Adverse Media Screening is a term often heard and observed all over the shadowy world of money laundering. But how exactly does it impact the life of a layman? Do compliance officers and… Continue reading A Crucial Aspect of the AML Sector: Adverse Media Screening
Tag: anti-money laundering
AMLaaS: Why It Makes Sense for Midsized Banks
Compliance places an increasing burden on banks of all sizes. Acquiring the latest technology to effectively detect and deter financial crime requires a significant investment for many financial institutions. At the same time, though, retaining legacy anti-money laundering (AML) software is not a cost-effective solution. These dated systems often result in a lot of false-positive… Continue reading AMLaaS: Why It Makes Sense for Midsized Banks