As regulators increase AML compliance demands on credit unions, the high cost of AML compliance is a critical challenge. How can credit unions both fulfill AML requirements and improve operations? Over the past few years complying with anti-money laundering (AML)…
KYC2020 Corporate Communications
Writing Your AML Policy for Fintech Startups
Financial technology (Fintech) firms are subject to Anti-Money Laundering (AML) regulations or oversight via their relationship and dependency on banks. The unassuming, but crucial expectation, of this oversight is an AML policy which describes how the Fintech will administer their…