On Jan. 1, 2021, Congress passed the Anti-Money Laundering Act of 2020 (AMLA) which expanded the definition of “financial institution” to impose anti-money laundering (AML) requirements on persons ...
Sumsub announced the release of its commissioned Total Economic Impact (TEI) study conducted by Forrester Consulting. The study aims to examine the potential return on investment (ROI) enterprises may ...
Strategic partnership combines FinScan’s real-time data quality and screening technology with Nexus AML’s expert-led ...
The rule is already prompting operational changes, new workflows and questions from buyers and sellers first encountering the requirements.
The rising incidence of financial crime continues to haunt financial institutions globally. As per a recent industry report, more SARs (suspicious activity reports) were filed by ~80% of the firms in ...