How can companies adapt to increasingly stringent KYC regulatory requirements? KYC (Know Your Customer) regulations are becoming increasingly stringent, requiring companies to make greater efforts. Traceability and explicability are now essential to demonstrate the compliance of actions, from data collection to use. Faced with this pressure...

CSR (Corporate Social Responsibility) plays a growing role in the life of organizations, integrating social, environmental and ethical concerns into their internal and external activities. While it reflects a proactive approach, CSR is also a legal obligation in which transparency has become a key requirement. The European CSRD directive, which came into force...

In April 2023, BNP Paribas neo-bank Nickel was fined one million euros for serious AML-CFT compliance failures. This scandal revealed the impact of such failures on a company's reputation and finances. A powerful warning for all companies faced with compliance requirements...

Frequent false positives dilute a company's effectiveness in the fight against AML-CFT. Although it is not possible to eliminate them completely, detecting and reducing false positives represents a major technical and organizational challenge for companies. Beyond the constraints of compliance and regulation, an increase in the frequency of false positives...

In an increasingly interconnected world, the traceability of financial transactions is becoming a crucial element in the fight against money laundering and terrorist financing. But not only for national and international regulatory authorities. Businesses need to be able to detect and provide real-time information on...

The fight against money laundering and the financing of terrorism, the circulation of capital of fraudulent origin (criminal activities, tax evasion), corruption and attempted corruption for money laundering purposes, ...national and supranational regulatory authorities, and their emanations such as Tracfin, impose on financial institutions...

In 2023, Cryptocurrency companies and Fintechs were fined more AML-CFT fines than all other businesses combined. According to the Financial Times, cryptocurrency and digital payment companies had to pay a staggering $5.8 billion in fines, not least for their many shortcomings in Combating...