Blogs
How your business should screen for PEPs and RCAs
Many individuals are subject to sanctions from bodies such as the Office of Foreign Assets Control (OFAC), the European Union, and the United Nations. These people are often prominent in some form or another and are targeted due to their political power or
Understanding transaction monitoring for payment processors
Technology has completely transformed the payments industry, having ushered in an age of faster and, in many cases, immediate payments, more flexible options, competitive foreign exchange fees, and better, all-round customer experiences. And as a result ha
KYC Utilities: The Promised Silver Bullet for Nordic Banks?
The Nordic banking landscape has witnessed significant upheaval over the past few years, moving from an untarnished reputation for having the safest financial institutions in the world to being mired in a number of complex, global money-laundering scandals
5 Ways To Improve Transaction Monitoring In Fintechs
According to Statista, worldwide fintech revenues amounted to €92 billion in 2018, and this is expected to grow at an average rate of 12% to reach a value of €188 billion by 2024. This make transaction monitoring in fintech a key issue.
What are the Differences Between UK and EU Regulations
The European Union has introduced several pieces of AML legislation that are then implemented by member states as part of their domestic regulation. The UK chose to opt out of the sixth anti-money laundering directive (6AMLD) and has implemented its own AM
