Blog
Insightful blogs and articles related to banking and financial services operations across mortgages, financial crime, commercial lending, and more.
A Comprehensive Guide to the 9 Enterprise Risks in the Banking Industry
Enterprise risk management is more than just a regulatory checkbox; it's the bedrock of a resilient financial institution. It refers...
FATF Plenary February 2023: Key Outcomes
The second Plenary of the Financial Action Task Force (FATF) led by Singapore president T. Raja Kumar recently concluded its...
FinCEN Alert (FIN-2023-Alert003) on Mail Theft-Related Check Fraud Schemes
The Financial Crimes Enforcement Network (FinCEN) has issued a new nationwide alert—FIN-2023-Alert003—to banks and financial institutions on theft-related check fraud...
Cryptocurrency and Money Laundering: An Overview
While the use of cryptocurrency is accelerating exponentially, the overall numbers of cryptocurrency transactions related to financial crime are still...
What is Financial Crime Compliance (FCC)?
Financial Crime Compliance (FCC) is a process to ensure your bank or financial institution is meeting the policies, standards, and...
FinCEN Strengthens the AML Whistleblower Program
The Financial Crimes Enforcement Network anti-money laundering whistleblower program was enacted on Jan 1, 2021. The program was created to...
Financial Action Task Force (FATF): History, Functions, Lists, and Recommendations
The Financial Action Task Force (FATF) is an intergovernmental organization that sets international standards and rules to prevent financial crimes...
Basel Norms: Purpose and History
Basel Norms or Basel Accords are the international banking regulations issued by the Basel Committee on Banking Supervision - BCBS....
5 Key Takeaways From Recent FinCEN Alert on Human Smuggling on the Southwest Border
The Financial Crimes Enforcement Network (FinCEN) released a new alert focused on human smuggling and trafficking across the United States’...
