Blog
Insightful blogs and articles related to banking and financial services operations across mortgages, financial crime, commercial lending, and more.
6 Types of Money Laundering Typologies Banks Must Know
Money laundering is one of the most critical challenges faced by banks and financial institutions in the United States and...
Pig Butchering Scams: Red Flags and Mitigation
Pig butchering scams involve scammers contacting potential victims and gaining their trust by befriending or flirting with them. Gaining a...
Governance, Risk, and Compliance in the Banking Industry
Governance, Risk, and Compliance (GRC) refers to organizations’ strategy for corporate governance, risk management, and compliance with government laws and...
Benefits of Enterprise Risk Management in the Banking Sector
The financial sector is one of the most risk-prone industries, and banks are at the forefront of this risk. Banks...
How to Overcome Potential Challenges in ERM Implementation
Enterprise Risk Management (ERM) is a top-down approach to managing organization-wide risks, ensuring profitability, performance, and regulatory compliance. The practice...
5 Ways to Improve Watchlist Screening Effectiveness
Watchlist screening is a fundamental process where financial institutions check customers—both individuals and entities—against global watchlists. The purpose is to...
Compliance Risk Management (CRM) in Banking Industry
In the intricate world of banking, a single compliance misstep can lead to significant legal and financial repercussions. As regulatory...
FATF Red Flags for Money Laundering and Terrorist Financing
Money laundering has been rising globally despite the growing laws and regulations and clamping down from enforcement agencies. The annual...
4 Key Components of a Robust ERM Framework for Financial Institutions
Financial institutions operate in an environment fraught with uncertainties, from market volatility to regulatory changes. Establishing a comprehensive Enterprise Risk...
