Financial institutions (FIs) submitted more than 3.6 million Suspicious Activity Reports (SARs) to the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) in 2022. SAR
The NICE Actimize Blog is a series of opinion and news analysis articles addressing global issues in financial crime and capital markets compliance. The Actimize AML team blogs about the latest issues relating to money laundering, sanctions and regulations.
What is a Corporate Registry and How Does It Help Fight Money Laundering?
Getting to the bottom of who benefits financially from corporate entities is crucial for effective Know Your Customer (KYC) and anti-money laundering (AML) programs.
How Does Money Laundering Work?
Money launderers use the latest techniques to evade detection. To effectively identify suspected money laundering and protect their organization from risk, financial institutions (FIs)
Does the Corporate Transparency Act Pierce the Corporate Veil? Or is it Pointless?
What comes to mind when you hear “innovation” mentioned? People tend to think of technological innovations involving digitalization, software, hardware, APIs, artificial intelligence, and
ISO 20022 101 for AML and Sanctions Screening Professionals
Check out the previous blog ”What ISO 20022’s extra data means in the fight against fraud” to learn more about fraud challenges and opportunities.