The Fintech Times

SEPTEMBER 14, 2024

Having already explored compliance challenges, penalties and solutions, we now turn our attention to the technology of the moment: AI. While we’re well aware that AI is currently spoken about in absolutely every context, we also understand the huge impact it can have across sectors and operations.

Compliance 69

Compliance AI Process Suspicious Activity Report (SAR) 69

FICO

APRIL 10, 2019

Charis Research has named FICO a category leader in the AI in Financial Services, 2019; Market and Vendor Landscape. FICO was named a category leader in both AI analytics and packaged AI applications. FICO has also developed AI techniques in response to regulatory encouragement for innovation and efficiency in AML programs.

AI 51

AI Real Time Payments Account Takeovers AML 51

FICO

MARCH 24, 2021

Financial Intelligence Units (FIUs) can play a critical role in producing sophisticated analysis on TBML schemes – including reporting entities (SAR/STR data). The graph below shows the trend of TBML-related SARs filed with FinCEN between 2014 and 2018. million SARs filed overall during the same period.

Money Laundering 98

Money Laundering SARS Financial Crimes Fincen 98

Seon

MAY 10, 2024

If it’s determined a SAR needs to be filed, all the information needed can be found within case details, populated and filed directly with the regulatory authorities. With fraud and compliance data in one place, teams can connect the dots faster to easily unveil potential risks and patterns that might otherwise remain obscured.

AML 52

AML Money Laundering SARS Suspicious Activity Report (SAR) 52

PYMNTS

SEPTEMBER 29, 2020

Jumio , known for its suite of artificial intelligence (AI)-powered identity verification and online know your customer (KYC) products, is beefing up its anti-money laundering (AML) powers. The Palo Alto-based firm on Tuesday (Sept. The Palo Alto-based firm on Tuesday (Sept. The announcement comes on the heels of Jumio’s Sept.

Financial Crimes 61

Financial Crimes AML Crime Money Laundering 61

FICO

DECEMBER 23, 2020

Business intelligence to analyze the morass of data and alerts generated will be a key theme for the region and a global necessity as adoption of AI increases. However, new technologies such as AI, robotic process automation, intelligent routing and flexible workflows can help to drive a paradigm shift.

Financial Crimes 52

Financial Crimes Ransomware Crime AI 52

PYMNTS

SEPTEMBER 12, 2019

Financial services providers that slack on regulatory compliance and fail to safeguard their operations against money laundering, terrorist financing and other criminal activities may face damaged reputations and significant fines. Financial Companies’ Security And Regulatory Obligations . resources.

Suspicious Activity Report (SAR) 75

Suspicious Activity Report (SAR) FinTech Money Laundering AML 75