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

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

priorities in compliance

The importance of knowing your customer

KYC or Know Your Customer refers to the process of a business or financial institution verifying the identity of its clients. The purpose of KYC is to prevent identity theft, fraud, money laundering, and other illegal activities. It involves gathering … Read More

How often should you conduct a KYC data review?

The frequency of conducting a Know Your Customer (KYC) data review depends on various factors, including regulatory requirements, the nature of the business relationship, and the risk associated with the customer. KYC is a critical component of anti-money laundering (AML) … Read More

computer desk

What is a KYC check?

KYC stands for “Know Your Customer,” and refers to the process that businesses and financial institutions use to verify the identity of their customers or clients. The primary goal of a KYC check is to prevent identity theft, fraud, money … Read More

KYC compliance

Wired-In webinar highlights: Achieving best practice KYC compliance in 2023

In the latest instalment of our Wired-In webinar series, we were joined by Corinna Venturi, Director of Financial Crime at Cosegic. Corinna explored the ways in which we can achieve best practice KYC (Know Your Customer) compliance in 2023, and … Read More

KYC compliance

Wired-In webinar: Achieving best practice KYC compliance in 2023

Our latest Wired-In webinar assesses best practice KYC compliance and provides insight to create and run an effective KYC programme. … Read More

Streamline Know Your Business (KYB) and Ongoing Client Monitoring

3 ways to ensure a fast and seamless onboarding experience

When onboarding new customers, the process can often be tedious and repetitive. For businesses that are regularly onboarding new customers, it is crucial to reduce abandonment and instil trust by providing a smooth, frictionless onboarding experience to KYC (Know Your … Read More

KYC in crypto

What is KYC in crypto and why is it important?

KYC, or Know Your Customer, is a process that involves verifying the identity of customers or users before providing them with access to certain financial services or products, such as opening a bank account or using cryptocurrency platforms.  KYC processes … Read More