Financial institutions can achieve quick wins in the TM parts of their compliance process – without waiting for larger IT projects to be delivered. Delaying optimizations to transaction monitoring systems can be a costly mistake. Historically, it may have seemed…
Effective continuous Fraud and/or Money laundering detection – business rules plus anomaly detection: 1+1=3! Implementing and optimizing business rules in combination with anomaly detection can be challenging, but is unavoidable if you pro-actively want to meet regulatory requirements. Business rules…
Big financial players have been investing heavily to deploy artificial intelligence (AI) in their anti-money laundering systems. From megabanks to fintech unicorns, compliance departments are increasingly taking advantage of machine learning (ML) and big data to improve their ability to…
