Anti-money laundering (AML) measures are crucial in combatting illicit financial activities and protecting the integrity of financial systems. In the UK, where regulatory scrutiny is high, AML training plays an important role in firms, ensuring that employees are equipped with … Read More
AML
Wired-In webinar: AI in Payments – Security and User Experience
In our latest Wired-In webinar, SEON’s CEO, Tamas Kadar, assessed the ripple effect of AI in payments, highlighting dynamic challenges and opportunities to achieve transformative change. … Read More
The EU’s Anti-Money Laundering Authority (AMLA) – what is it and what could it mean for AML compliance?
In a bid to strengthen its defences against financial crime, the European Union has taken a significant stride with the establishment of the Anti-Money Laundering and Countering the Financing of Terrorism Authority or AMLA. As the “central authority coordinating national … Read More
AI tops the list of biggest threats to regulated firms this year
55 percent of regulated businesses surveyed see AI as their biggest threat this year Over half of regulated companies in the UK see the deployment of AI as their biggest threat this year, while the evolving regulatory landscape and economic … Read More
The role of tech in improving AML processes: overcoming 5 key challenges
At a time when AML regulations are evolving on a near weekly basis, the importance of ensuring complete compliance with this legislation remains paramount for regulated firms in the UK. While manual compliance processes have been the norm for many … Read More
The three biggest challenges facing AML compliance teams in 2024
Amid increasing pressure from the regulators and ever-evolving legislation, modern financial institutions and regulated firms have bigger obligations than ever to ensure compliance and combat financial crime. We embarked on a comprehensive research journey towards the end of 2023 to … Read More
Infographic: Compliance trends in 2024
As the ever-present threat of money laundering, fraud, and financial crime continues to cast a dark shadow over entire financial systems, compliance and AML professionals continue to play a pivotal role in the war against financial crime. Did you know … Read More
3 AML compliance priorities for 2024
In 2023, professionals dealing with financial crime and AML compliance were busy handling geopolitical unrest, economic fluctuations, and evolving criminal tactics. In 2024, experts expect more regulatory changes, increased use of technology, and new methods to fight financial crime. As … Read More
What can AML professionals learn from Inventing Anna?
Inventing Anna, the 2022 Netflix series, takes viewers on a rollercoaster ride through the world of financial fraud and deception. While the show is undoubtedly entertaining, it also serves as a rich source of insights for Anti-Money Laundering (AML) compliance … Read More
How RegTech enhances AML search efficiency
In the ever-evolving landscape of financial regulations, Anti-Money Laundering (AML) compliance stands as a critical pillar for financial institutions worldwide. As the volume and complexity of financial transactions continue to grow, so does the need for efficient and effective AML … Read More