Author Archives: Natalie Davies

aml tech

The role of tech in improving AML processes: overcoming 5 key challenges

At a time when AML regulations are evolving on a near weekly basis, the importance of ensuring complete compliance with this legislation remains paramount for regulated firms in the UK.  While manual compliance processes have been the norm for many … Read More

compliance challenges

The three biggest challenges facing AML compliance teams in 2024

Amid increasing pressure from the regulators and ever-evolving legislation, modern financial institutions and regulated firms have bigger obligations than ever to ensure compliance and combat financial crime. We embarked on a comprehensive research journey towards the end of 2023 to … Read More

Infographic: Compliance trends in 2024

As the ever-present threat of money laundering, fraud, and financial crime continues to cast a dark shadow over entire financial systems, compliance and AML professionals continue to play a pivotal role in the war against financial crime.  Did you know … Read More

AML compliance priorities

3 AML compliance priorities for 2024

In 2023, professionals dealing with financial crime and AML compliance were busy handling geopolitical unrest, economic fluctuations, and evolving criminal tactics. In 2024, experts expect more regulatory changes, increased use of technology, and new methods to fight financial crime.  As … Read More

compliance trends 2024

State of compliance trends report 2024

Data from over 130 compliance professionals from across the country. Insights and predictions on everything from AI and automation to cybersecurity risks and priorities for the year ahead. … Read More

inventing anna

What can AML professionals learn from Inventing Anna?

Inventing Anna, the 2022 Netflix series, takes viewers on a rollercoaster ride through the world of financial fraud and deception. While the show is undoubtedly entertaining, it also serves as a rich source of insights for Anti-Money Laundering (AML) compliance … Read More

remittance

Unravelling financial crime in the remittance industry: The crucial role of ID&V in AML compliance

In the ever-evolving landscape of financial services, the remittance industry stands out as one that is vital for global transactions, fostering economic ties, and facilitating the flow of funds across borders.  And yet, the AML risks associated with the sector … Read More

fraud

Behind the schemes: Inside the mind of a fraudster

In this article, we peel back the layers of deception and take a look at what makes fraudsters tick. With real-life case studies from an ex-fraudster, we take a look at the motives, strategies and evolving methodologies used by fraudsters.  … Read More

fraud

What are the most common types of fraud?

In this article, we take a look at what fraud is, the most common types, and share some insight from an ex-fraudster into their motivations. … Read More

KRI

Year in review: The biggest financial crime cases and AML fines of 2023

2023 was far from a quiet year when it came to financial crime. Across the world, we witnessed a series of devastating fraud cases that left a lasting impact. Additionally, there were some eye-watering fines imposed on firms for Anti-Money … Read More