Blogs
A Fresh Lens on FinCrime Operations: 2025 Industry Trends
At the launch of Fenergo’s 2025 Financial Crime Industry Trends Report, a panel of experts from PwC, TMF Group, and Fenergo came together to share their perspectives on how firms can tackle mounting compliance costs, improve rising client abandonment rates
What are the 3 Key Components of KYC?
The three key components of Know Your Customer (KYC) are identity verification, customer due diligence, and ongoing monitoring. Identity verification confirms the customer's identity, while customer due diligence assesses the potential risk they may pose.
Sibos 2025 - A Wrap Up
As we wrap up Sibos 2025 in Frankfurt we reflect on this year’s theme: The Next Frontier of Global Finance. Across keynote sessions, panels, and product launches, one message resonated clearly: the institutions that harness AI to drive compliance transform
Understanding Know Your Customer (KYC) Requirements for Banks
Banks must implement robust KYC processes to verify client identities, assess risk, and comply with anti-money laundering (AML) regulations. Core KYC requirements include customer due diligence (CDD), enhanced due diligence (EDD) for high-risk clients, con
From CLM to FinCrime OS: Revolutionizing Compliance With AI-Driven Intelligence
Navigating the landscape of financial crime compliance has become increasingly challenging. Fragmented systems, manual processes, and relentless regulatory demands are burdening financial institutions (FIs) with rising costs and diminishing returns. Despit
Thinking of Building Your Own CLM? Here’s How to Make an Informed Decision
Financial institutions (FIs) are quickly realizing that client lifecycle management (CLM) isn't just a back-office function; it's a strategic asset. Nonstop regulatory changes and the rise of digital-first customers magnify the importance of a robust CLM s
