AML-CFT compliance blog
Choosing a sanctions screening solution isn’t just a matter of verifying that a vendor has lists and a matching engine. You need to understand what data is being used, how matches are detected, how many alerts will need to be analyzed, and what evidence can be produced several months later.
The…
Knowing your customer, verifying a business, evaluating a supplier, monitoring transactions: these processes are similar, but they do not address the same needs or, depending on the situation, the same regulatory requirements.
KYC, or Know Your Customer, refers to understanding the customer. KYB, or Know Your Business, commonly refers to…
Choosing a compliance solution isn't just about the performance of its engine. It also depends on how the solution integrates with the existing information system, the location of the data, the operational workload, and the ability to scale the architecture over time.
Three…