When I first started doing research about AML compliance, one of the first things I realized was how inaccessible good AML compliance solutions have been historically. Banks were always the primary users of programs for AML compliance and they needed…
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The Newcomer’s Guide to Protecting Your Small Business from Money Laundering
When I was hired on to help KYC2020 with their marketing strategy, I was completely new to the concept of AML complaince solutions. I never thought seriously about the threat of money laundering. Nor had I thought about what steps…
Introducing Our Free Watchlist Builder
New payment innovators, FinTech, Virtual Currency exchanges, and MSBs face the challenge of not knowing which sanction lists they should be screening for AML compliance. Their compliance programs often lack a risk-based approach to sanction screening, resulting in tremendous cost…
Another Blog on the Wall
Warning: this blog is not a blog. There are no insights on AML Compliance or Sanction Screening or KYC or OFAC or Global PEP lists. This is just therapy for the Author before he initiates himself in the world of…
AML Compliance for the Future: A Primer
As technology becomes an ever larger part of our lives, the way we handle money is changing. For years now, FinTechs have been at the frontlines of this changing landscape, by providing customers with better, faster and more inclusive financial…
AI and Machine Learning are the Future of AML Compliance
At the first ever Canadian Regtech Association (CRTA) event, attendees watched a variety of presentations related to Regtech. One of these topics included cases for utilizing AI and Machine Learning to reduce the burden of AML compliance. Use Cases Included:…