Blog
Insightful blogs and articles related to banking and financial services operations across mortgages, financial crime, commercial lending, and more.
The History of FATF Recommendations for AML/CTF Compliance
Financial Action Task Force (FATF) is an intergovernmental policy & standard-setting body of the U.S. Department of the Treasury dedicated...
Enterprise Risk Management (ERM) in the Banking Industry
Enterprise Risk Management (ERM) in the banking industry refers to risk management strategies and systems to identify, manage, and prepare...
4 Key ERM Frameworks to Manage Cybersecurity Risks in Banking
Banks and financial organizations encounter unique challenges and risks in their line of business. Unexpected threats and risks arising from...
Evolution of the Basel Accords: An Overview
Global banking has undergone transformative changes, largely influenced by the Basel Accords' evolving frameworks. From the inception of Basel I...
9 Types of Enterprise Risks in the Banking Industry
Enterprise risk management refers to the process and systems in place to identify the risks and provide solutions to manage...
FATF Plenary February 2023: Key Outcomes
The second Plenary of the Financial Action Task Force (FATF) led by Singapore president T. Raja Kumar recently concluded its...
FinCEN Alert (FIN-2023-Alert003) on Mail Theft-Related Check Fraud Schemes
The Financial Crimes Enforcement Network (FinCEN) has issued a new nationwide alert—FIN-2023-Alert003—to banks and financial institutions on theft-related check fraud...
Cryptocurrency and Money Laundering: An Overview
While the use of cryptocurrency is accelerating exponentially, the overall numbers of cryptocurrency transactions related to financial crime are still...
What is Financial Crime Compliance (FCC)?
Financial Crime Compliance (FCC) is a process to ensure your bank or financial institution is meeting the policies, standards, and...
