Address growing financial crime compliance challenges

Remaining compliant with ever-changing financial crime regulation is challenging and expensive. We aim to help you deliver efficiently and effectively.

Financial crime compliance has never been more important – or more challenging. As regulation becomes more robust, businesses need to demonstrate that their compliance programmes are effective. And keeping up with sanctions, anti-money laundering (AML) and know your customer (KYC) requirements demands dedicated compliance resources. As the speed and intricacy of fraudulent schemes evolve, effective detection and prevention is also vital.

Fraud

Fraud

Payments fraud prevention

Understanding the changing tactics used by fraudsters is key to prevention. You can then take steps to defuse the threat and protect...
Fraud

Types of fraud

Hackers and cybercriminals use many different techniques to defraud individuals and financial organisations, and are always inventing new scams to steal hard-earned...

Know Your Customer

Know Your Customer

The rising challenge of Know Your Customer compliance

Know Your Customer (KYC) standards are designed to protect financial institutions against fraud, corruption, money laundering and terrorist financing.
Know Your Customer

The KYC challenges for corporate treasurers

KYC checks are one of the top three challenges corporate treasurers face in their banking relationships.
Know Your Customer

The KYC challenges for correspondent banks

Banks are looking to streamline their KYC processes for business to continue to thrive, improve client experience and satisfy regulatory demands.
Know Your Customer

What is an Ultimate Beneficial Owner (UBO)?

Ultimate Beneficial Owner (UBO) legislation has been put into place to give banks and corporates clarity on who they’re doing business with.
Real-time payments

Embrace shared solutions to meet the new reality of instant payments

Build approaches and standards that benefit the whole community.
Know Your Customer

What is Customer Due Diligence (CDD)?

In the world of Financial Crime Compliance (FCC), customer due diligence (CDD) is an important and complex field.
White Papers

Solving the KYC Conundrum

Drawing on discussions with numerous treasurers around the world, this white paper delves into the difficulties treasury teams face as a result of KYC requests and explores the impact on their operations and banking relationships.

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Anti-money laundering

Anti-money laundering (AML)

The AML challenges in correspondent banking

AML does present challenges for correspondent banks of all sizes. However, some of these could be addressed more effectively by making better...
Anti-money laundering (AML)

Anti-money laundering (AML) and the role of technology

Despite the AML challenges in correspondent banking, developments in technology could make transaction monitoring and screening programmes much more effective.
Anti-money laundering (AML)

Key takeaways from the 5th AML Directive

The 5th AML Directive (5AMLD) came into effect in early 2020 to mitigate criminal economic activity. The following is a summary of...

Data

Data

How to leverage payment data and analytics to mitigate compliance risk

5 key steps compliance professionals need to take to better harness payment data for compliance risk and achieve greater efficiencies.

Real-time payments

Financial Crime compliance

Preparing for the compliance challenge of real-time, cross-border payments

Cross-border payments are undergoing a major transformation to facilitate real-time frictionless payments, forcing the governing institutions to raise the bar on what...

Our solutions for Financial Crime Compliance

Discover more about our solutions for Financial Crime Compliance.

Know Your Customer (KYC)

In an increasingly global economy, financial institutions are more vulnerable to illicit criminal activities. Know Your Customer (KYC) standards are designed to protect financial institutions against fraud, corruption, money laundering and terrorist financing.

Anti-money laundering (AML)

Anti-money laundering (AML) compliance is one of the most costly and challenging issues facing the industry today. We’re working with our community to identify risks, strengthen procedures and improve efficiency.

Fraud

Understanding the changing tactics used by fraudsters is key to prevention. You can then take steps to defuse the threat and protect your financial assets against payments fraud.

Effective and efficient. You have to be both.

The challenges are constantly evolving. From focusing initially on correspondent banking activity, regulators are also turning their attention to trade finance, securities and corporate transactions, increasing the volume and complexity of the compliance task facing financial institutions.

You need standardised, enterprise-wide solutions to help you manage your compliance requirements and mitigate risks and costs. Our portfolio of financial crime compliance solutions is designed to meet your needs.