Greenlite的动态

Key Takeaways from Day 1 of the ABA Risk Compliance Conference: - Enterprise Size Banks: Managing diverse risks (operational, credit, liquidity, reputational, third party) remains a challenge. There's a clear need for unified tools that accurately weigh and integrate these risks. - BaaS Providers: The disparity in risk alerts between BaaS banks and FinTech partners is alarming. Successful BaaS banks deploy officers to FinTech locations for thorough program reviews. - System Silos: Banks often operate with fragmented systems, hindering effective data analytics and AI training. Consolidating these systems is crucial for leveraging data insights. Special thanks to Marilu Jimenez, Esq., CAMS, Robert Marx, MBA, CRCM, CIA, Salvatore Zerilli, CPA, CAMS and Stephanie Boryla, M.B.A, CERP for sharing such insights with the compliance community. #Risk #Compliance #Verifiet #ABARCC #Sanctions #AML #KYC #FinancialCrimes #BAAS #AI #Data

Evolve Bank and Trust's recent cease and desist is an unfortunate bit of news, but not a novel one. Avoid the missteps that led many other FIs to also face cease and desist orders in 2023 by taking these 9 key learnings from the situation and applying them to your compliance strategies, shared by our BaaS expert, VP of BaaS and BSA Brenda Banks. ?? https://lnkd.in/e_iBpU8B #baas #BSA #ceaseanddesist #aml #fraudprevention #ai #machinelearning #compliance

Are your Data & Systems ready for Detecting and curbing Mule Accounts Illegal financial activities, particularly money laundering, are facilitated by use of mule accounts, thereby posing significant risks to the banking industry. Money mules have also been extensively used to transmit proceeds of crime across multiple accounts & layers to avoid detection. Early detection of mule accounts requires efficient and effective strategies and technologies in banks, to safeguard the financial system. #RBI #FraudRiskManagement #EWS #FinancialCrimesManagement #AI #ML Vineet Khanna, FIAI, FRM, SCR Pradeep Godbole Kiran Surve Srinarayan Pareek www.riskintellect.com

Navigating North America's KYC/AML Regulations: Your Compliance Partner Keeping up with KYC/AML regulations in North America can be challenging. In today's fast-paced financial landscape, robust Financial Crime Compliance (FCC) solutions are more crucial than ever. Infocredit Group offers a comprehensive suite of Anti-Money Laundering (AML) tools, leveraging advanced analytics, artificial intelligence (AI), and automation technology. Our cutting-edge solutions help your organization manage and meet regulatory requirements across regions. By incorporating these tools, you can develop a smart and sustainable compliance strategy, ensuring confidence in the face of evolving financial and regulatory landscapes. Discover how Infocredit Group can simplify your compliance journey, allowing you to focus on growing your business: ?? Infocredit Group Compliance Solutions https://lnkd.in/dpY7dDpY #InfocreditGroup #Compliance #KYC #AML

?? The stakes in financial crime prevention couldn’t be higher. In finance, trust is your greatest asset, but it can vanish in an instant. That’s why we’re excited to unveil Skan AI’s Real-Time Execution Visibility—the only tool that fully empowers you to protect your operations from compliance failures and reputational risks. Recent headlines, like TD Bank’s record fine, highlight what happens when processes lag—delayed reporting, compliance gaps, and inefficiencies that cost both money and reputation. That’s where we come in: ?? Instant oversight for seamless compliance ? AI-driven insights to detect suspicious activities in real time ?? Comprehensive visibility to identify bottlenecks and errors ?? Detection of automation opportunities to enhance efficiency and reduce costs ?? Scalable solutions tailored for institutions of all sizes With Skan, institutions gain the clarity to act and the agility to respond, preventing fraud and keeping operations compliant 24/7. Welcome to the future of financial integrity. ?? Learn how we’re transforming AML programs >> https://hubs.ly/Q02V5lgb0 #AML #AMLCompliance #FinancialCrime #BankingRisk #AI #ProcessIntelligence #RiskManagement #FinancialRegulations #SkanAI #FinTechSolutions #TDBank #USEconomy #USFinance #EUFinance #EUCompliance #USCompliance #Press #Pressrelease

Download our whitepaper on “#KYT" here : https://bit.ly/3U6KNz6 #KNOW YOUR #TRANSACTION: #BEST #PRACTICES and more - How to plan and set up an efficient #AML control framework for #payment services” ? ?? Download it here : https://bit.ly/3U6KNz6 ? Written in collaboration with Deloitte and Banking Circle, this report provides a strategic analysis on best practices in the fight against #FinancialCrime and countering financing of terrorism ??. It explores, among other topics, the importance of Know Your Transaction (KYT), regulatory expectations, current market tools, challenges, and benchmarks for transaction filtering and monitoring, as well as the significance of data management and #AI in enhancing the efficiency of detecting suspicious activities.??♂? ? A must-read for the payments industry ! David Dovale Maxime Heckel, CAMS Nicolas Marinier, CAMS Iain Armstrong Christian M?ller Karsten David Chriqui Kholoud El Bouazzaoui Kévin Péricart Pascal Aerens LSEG (London Stock Exchange Group) ComplyAdvantage Fraudio #Regulation #Compliance

Banks and other financial institutions (FIs) are casting a wider net for what they consider “suspicious” activity and have taken a conservative approach to clearing the bar. That’s great when it comes to catching bad actors, but that might mean your Suspicious Activity Reports (SARs) have started to overwhelm your team. AI is bringing effective innovation for AML/CFT programs. Learn how it’s transforming transaction monitoring analysts into more strategic contributors in this blog post: https://bit.ly/3XWzrjp #digitalworkers #futureofwork #automation #intelligentautomation #artificialintelligence #fintech #regtech #aml #compliance #cft

?? New CURENTIS Whitepaper "AML for Payment Service Providers" now available! ???? Key insights: ?? Strengthening AML measures in digital payments ?? Effective risk management strategies ?? Leveraging AI for transaction monitoring ?? Real-world case studies from BaFin Don't miss this essential guide for navigating AML challenges! ???? The link to our news with further information on this whitepaper can be found in the comments #AML #PaymentProviders #FinancialCrime #CURENTIS #Whitepaper #FinTech

?? New CURENTIS Whitepaper "AML for Payment Service Providers" now available! ???? Key insights: ?? Strengthening AML measures in digital payments ?? Effective risk management strategies ?? Leveraging AI for transaction monitoring ?? Real-world case studies from BaFin Don't miss this essential guide for navigating AML challenges! ???? The link to our news with further information on this whitepaper can be found in the comments #AML #PaymentProviders #FinancialCrime #CURENTIS #Whitepaper #FinTech

?? New CURENTIS Whitepaper "AML for Payment Service Providers" now available! ???? Key insights: ?? Strengthening AML measures in digital payments ?? Effective risk management strategies ?? Leveraging AI for transaction monitoring ?? Real-world case studies from BaFin Don't miss this essential guide for navigating AML challenges! ???? The link to our news with further information on this whitepaper can be found in the comments #AML #PaymentProviders #FinancialCrime #CURENTIS #Whitepaper #FinTech