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
Tag: Financial Institutions
3 Ways to Easily Get Some Money When You Quickly Need It
We all go through some tough times that call for a bit of penny-pinching. Those times are even more common because of the status of today’s economy which is currently affected by the Covid-19 pandemic. It pays to be prepared for emergencies so you should familiarize yourself with ways on how you can get money… Continue reading 3 Ways to Easily Get Some Money When You Quickly Need It
Financial Institutions and E-Commerce – Are Their Minds on the Security of Your Money?
Most people would imagine that protecting payment data would be the top priority for any business that deal primarily in online financial transactions. But according to a Kaspersky Lab survey of more than 3,900 IT professionals worldwide, Financial Organizations (banks and service providers) and e-Commerce providers (online retailers) don’t see the protection of financial information… Continue reading Financial Institutions and E-Commerce – Are Their Minds on the Security of Your Money?