A compliance partner’s pipeline went dark overnight when Google took out their scraping vendor. It pushed us to write something we’d been meaning to publish – a clear breakdown of how adverse media data is actually sourced, and why the architecture underneath your screening tool matters more than most buyers realize
Reducing AML False Positives: A Practical Guide for Compliance Teams AML false positives are one of the most expensive problems in financial compliance. Every time your screening system flags a legitimate customer as a potential match, a compliance analyst must…
AML false positives cost compliance teams thousands of hours every year. Learn 5 proven ways to reduce false positives in sanctions screening — with real results from KYC2020 customers.
One of the most common questions we get from businesses evaluating screening solutions is whether our platform can connect to the tools they already use. Integrating Sanctions Screening directly into these existing tools is a priority for many companies. Their…
Adverse media or negative news screening has long been one of the most challenging aspects of AML Screening. While essential for uncovering risks tied to individuals or entities, it often creates major inefficiencies: too many false positives clutter review and…
AML compliance isn’t just about getting the risk signals right. It’s also about handling sensitive data with the same care you bring to financial crime detection. At KYC2020, we treat data privacy and security not as checklist items. Instead, we…
Section 314(a) of the USA PATRIOT Act is a regulatory mechanism that fosters cooperation between Financial Institutions (FIs) and Law Enforcement (LE) in the fight against financial crime, money laundering, and terrorist financing. Administered by the Financial Crimes Enforcement Network…
Did you know that despite the market capitalization of cryptocurrency peaking at $3 trillion it continues to surpass over $1 billion daily? With such volatility, growth, and potential, money laundering and terrorist financing mirror the same risks as the traditional…
In the Middle East, within a thriving start-up ecosystem that has recently an impressive 1.6 billion USD in funding for MENA start-ups this year, Anti-Money Laundering (AML) compliance is of paramount importance. One pressing issue faced by many institutions is…
As the financial industry becomes increasingly interconnected yet complex, the fight against money laundering has become a primary concern for regulatory authorities and financial institutions. To overcome this illegal activity effectively, many organizations started using cutting-edge technologies such as Artificial…