ITWeb

Legacy AML risk assessment models not up to challenge of evolving risk management

Manual risk assessments using Excel spreadsheets or Word documents are no longer up to the challenge of effectively managing anti-money laundering and combating the financing of terrorism (AML/CFT) ...
Business Wire

Two Day BSA/AML/OFAC Risk Assessments Seminar: Are you Doing them Correctly (Chicago, IL, United States - August 3-4, 2017) - Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "BSA/AML/OFAC Risk Assessments - Are you Doing them Correctly" conference to their offering. Although financial ...
Forbes

Beyond The AI Hype: Reevaluating The AML Data Layer For Accurate Risk Assessment

How smart is your AI-powered tool if the data it relies on is flawed? AI, and especially agentic AI tools, are evolving at a rapid speed, with the use of AI increasing from 33% in 2023 to 71% as of ...
Business Wire

BSA/AML/OFAC Risk Assessments - Are You Doing Them Correctly: One and Half Day In-Person Seminar (San Francisco, CA, United States - January 19-20, 2017) - Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "BSA/AML/OFAC Risk Assessments - Are You Doing Them Correctly: One and Half Day In-Person Seminar" conference to their ...
Law

FinCEN's Advance Notice of Proposed Rulemaking: How Financial Institutions Can Enhance AML Programs and Prepare for Changes Ahead

On Sept. 16, 2020, the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) issued an Advance Notice of Proposed Rulemaking (ANPRM) to strengthen the national anti-money ...
American Banker

When mergers increase, AML compliance headaches surface

Time and again, seemingly successful bank mergers have been rocked by revelations of poor anti-money-laundering compliance. Assessing the AML risk of a potential merger partner is extremely tricky, ...