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KYC compliance for banks: Addressing the cost

Managing the costs ofKnow Your Customer (KYC)compliance for onboarding and maintenance is a significant challenge for financial institutions (FIs) worldwide as they fight money laundering.

KYC & Due Diligence
04 Jul 2024
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The Commercial, Business and Retail (CBR) Banking Outlook for 2020 and Beyond

Disruption in the market will drive the need for change

Client Lifecycle Management
04 Jul 2024
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2020 Corporate and Investment Banking Trends Set to Shape Client Management

1.Banks must deliver a Best-in-Class Digital Client Experience

Client Lifecycle Management
03 Jul 2024
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Will AMLA and other Regulatory Laws Work In the Fight against Financial Crime?

Since 2008,over USD $46 billion in penalties have been issued to global financial institutions for non-compliance with Anti-Money Laundering (AML), sanctions, and other financial crime compliance obligations, with $10.4 billion issued in 2020 alone. Howeve

Financial Crime & AML
03 Jul 2024
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Overcoming Counterparty Onboarding Challenges in Energy & Commodities

Geopolitical events in the last 24 months have led to increased sanctions, increased scrutiny, and increased risk and compliance complexity for energy and commodities firms. Financial crimes, such as corruption and sanctions evasion, have become crucial ri

Financial Crime & AML
18 Jun 2024
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MAS Launches COSMIC Platform for KYC Data Sharing

On April 1st, 2024, the Monetary Authority of Singapore (MAS)launchedCOSMIC, a platform to facilitate information sharing between financial institutions (FIs) to combat illicit money flows.

Financial Crime & AML
07 May 2024

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