Blog
Insightful blogs and articles related to banking and financial services operations across mortgages, financial crime, commercial lending, and more.
Credit Portfolio Management – Challenges and Strategies
Credit Portfolio Management (CPM) is a key function for banks and financial institutions. It consists of a critical set of...
Reconciliation in Banking – Importance and New Challenges
Financial reconciliation is a fundamental process in accounting, which involves auditing a company's books or general ledger and tallying them...
What is Model Risk Management (MRM) in Banking and Finance?
Model risk occurs due to a potential flaw or performance gap in the internal control model, which financial institutions use...
What is Customer Due Diligence and How Does It Work?
In today's dynamic financial landscape, robust Customer Due Diligence (CDD) is no longer merely a regulatory checkbox; it is a...
Fraud Risk Management: Key Challenges in Banking
Fraudulent activities are becoming more sophisticated in banking and financial services with the advent of new technologies and digital banking....
What is Enhance Due Diligence (EDD) in Banking and Financial Services
At its core, Enhanced Due Diligence is a comprehensive set of KYC/AML procedures that banks and financial institutions follow to...
Real-Time Payment Fraud Detection & AML Compliance: Expert Strategies for Banks
In the constantly changing world of banking, spot payment scams as they happen (frauds) and money laundering are issues that...
Evolving AML Trends: How Global Sanctions and Regulations Impact Compliance Strategies
In recent years, the landscape of Anti-Money Laundering (AML) violations and fines has seen significant developments influenced by global sanctions,...
How to Build a Robust Transaction Monitoring System for AML Compliance: Guide for Bankers
The banking industry continues to build robust AML compliance systems and practices amid growing financial crime threats and volatility. In...
