Financial Crime Compliance Resources

• “There are some decades where nothing happens, and some weeks where decades happen” – Vladimir Il’yich Ulyanov (Lenin)

While we see that the financial crime rate is on the increase due to the coronavirus pandemic, a report from LexisNexis has revealed the worldwide spread of spending in relation to financial crime compliance, finding...

In this episode of AML Conversations, John Byrne sits down with Steve Gurdak, Group Supervisory of the Northern Virginia Financial Initiative, to discuss the work of his SAR Review team, the importance of law...

In the latest of our FinCrime Files interviews, we caught up with Caroline Kennedy, Head of Financial Crime Control Operation at Santander UK. She discusses the difficulties behind unstructured data for fighting...

In this episode of AML Conversations, John Byrne sits down with Gary Shiffman, Founder and CEO of Giant Oak and professor at Georgetown University, to discuss his recent publication, “The Economics of Violence.”...

The globe has been halted in its tracks for the past few months due to this ongoing pandemic. It has caused just as much disruption for businesses worldwide as past economic downturns, and still there are those that...

Welcome to another installment of the AML Conversations video podcast series. In this episode Nicolas Burbidge, AMLRS Advisory Board member and former OSFI official, joins AML RightSource Vice Chairman, John Byrne, to...

Continuously building out our source information, provided via theArachnys Data Gateway, we look to give our clients the confidence to perform onboarding, screening and investigations for companies and individuals they...

In our continuing series of interviews, we attempt to uncover some of the challenges faced by those on the front line in fighting financial crime. We caught up with Matthew Tataryn, Head of Financial Crime atTide, who...

Welcome back to another episode of AML Conversations. With the recent upgrade to the US evaluation by FATF because of the 2018 CDD rule, there has been a debate on the appropriateness of the rating given other areas of...

Viruses are deadly because they are not easy to kill, let alone eradicate from nature. Slavery is a bit like a virus that refuses to die down in human society. As of 2020, virtually all nations on earth have abolished...

• In times of crisis, we often see the best of people, with selfless and heroic individuals doing all they can to alleviate the suffering of others. Unfortunately, there are also people for whom crisis brings out the...

New QuantaVerse Features Help Financial Institutions Curtail AML Compliance Costs

Where are things in the AML compliance space going?

As regulatory expectations change, Congress flirts with statutory reform, and new technologies emerge, the AML compliance landscape has never been so dynamic. With...

As a cloud technology business, moving to remote-first has not been a big challenge for Arachnys. In fact, a lot of the team have fed back thatthey are perhaps more effectivethan they were in our big beautiful London...

In this episode of AML Conversations, John Byrne sits down with Amit Sharma, CEO of Finclusive to discuss the global problem of financial access from the standpoint of using technology as a tool to give support to the...

In a new series of interviews, we attempt to uncover some of the challenges faced by those on the front line in fighting financial crime. We caught up withLinda Baskett, Financial Crime Director atAon UKwho kindly...

LONDON, March 17, 2020 (Arachnys) –An industry survey by Arachnys reveals that 85% of AML/KYC analysts admit to using Google for due diligence or risk investigations, with 16% even stating that they rely on it.​

Pharmaceutical companiesare among the most regulated businesses in the world, from drug safety bodies with exacting requirements to competition authorities determined to prevent market abuse. But while pharma...

The ongoing 1MDB scandal has shone a harsh spotlight on the way South East Asian banks conduct anti-money laundering (AML) procedures, including adverse media screening.

Since modern humans first usedcave drawingsto depict game, and more than likely the process for capturing it, we have continued to document and work with processes.

The EU’s latest changes to money laundering regulations underline the need for asset managers to defend against constantly changing financial crimes with effective due diligence systems.

Many companies are still not identifying crucial risks in their supply chain. Illegal and unethical practices are still rampant among the suppliers of large companies as a result. However, use of due diligence solutions...