Blog
Insightful blogs and articles related to banking and financial services operations across mortgages, financial crime, commercial lending, and more.
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’...
Guide to Anti-Money Laundering in Banking and Finance
Anti-money laundering or AML in banking and finance refers to the legal obligations, set of rules, procedures, and regulations to...
An Overview of the OFAC Sanctions and Program Types
Economic and trade sanctions are one of the ways the United States uses to deter and penalize human rights violations,...
BSA/AML and Sanctions Program Framework: Key Imperatives for Banks
A robust BSA/AML and Sanctions Program framework is crucial for banks to attain compliance with heightened regulatory requirements. The rapidly...
