Blogs
TEST_DE - Die 3 Phasen der Geldwäsche
Money laundering poses a significant threat to the integrity of financial systems worldwide. Understanding the intricacies of this process is crucial for banks and financial institutions to implement effective countermeasures.
What is Beneficial Ownership? Types & Requirements Guide
Beneficial ownership refers to the natural person who ultimately owns or controls a legal entity, even if the legal title is held in another name, such as a nominee or another company. This individual is the one who ultimately profits from or exercises sig
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
KYC and AML Compliance Guide: Procedures & Best Practices for Financial Institutions
KYC and AML compliance involves verifying customer identities, assessing risk, monitoring transactions, and reporting suspicious activity to prevent financial crime. Best practices include adopting a risk-based approach, automating due diligence, ensuring
PEPs and Sanction Screening: A Vital Step in KYC
PEP and sanctions checks are a critical component of KYC, enabling financial institutions to identify high-risk individuals and prevent exposure to money laundering, corruption, and other financial crimes. By screening customers against global sanctions li
Buy-Side AML in 2026: 5 Predictions Asset Managers Can’t Ignore
By Neil D’Rosario, VP of Buyside Product
News
Regulatory penalties for global financial institutions surge 31% in H1 2024
Half-year annual findings on global financial institution enforcement actions reveal a 31% surge in the value of fines issued in H1 2024 compared to H1 2023.
Fenergo completes acquisition of regtech Sentinels
Fenergo has announced the acquisition of Sentinels, an anti-money laundering (AML) transaction monitoring new market entrant with artificial intelligence (AI) based technology.
Global financial institution AML and regulatory fines soar in 2023
Fenergo's annual findings on global financial institution enforcement actions reveal that the value of penalties imposed on firms surged 57% in 2023.
Fenergo Study: Emerging Risks in US Fintech Payments Since FedNow's Launch
AML talent shortages, inadequate transaction monitoring & deteriorating CX among fintech concerns with FedNow's rapid evolution.
Regulatory Penalties for Global Financial Institutions Drop by 88% in H1 2023
U.S. financial institutions continue to lead in fines, paying out 83% of the total penalty dollars, despite being cited for only 10% of the world’s regulatory violations.
Fenergo Adds AI-powered Transaction Monitoring to Solution Portfolio
Featuring a powerful hybrid detection engine supported by a robust scenario detection library, Fenergo Transaction Monitoring facilitates real-time identification of suspicious activity.
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