PYMNTS

FEBRUARY 8, 2019

In a reported phishing campaign that began last month, Bank Secrecy Act (BSA) officials at credit unions in the U.S. are said to have been sent emails that appeared to have come from other BSA officers. It was not clear if any BSA officers had decided to follow the link to the site, according to the report.

BSA 53

BSA Phishing NCUA Credit Union 53

Finovate

JUNE 24, 2024

“When I say third party diligence that usually includes everything from vendor risk assessment all the way to monitoring, as well as partner and merchant risk assessment – whether you’re a partner bank or a fintech that’s looking to do business with new entities.”

Risk Assessment 59

Risk Assessment BSA Assessments AML 59

PYMNTS

FEBRUARY 15, 2019

To that end, phishing attacks, more commonly known as business email compromises (BECs), have been aimed at Bank Secrecy Act (BSA) officials at credit unions. Krebs on Security noted that the emails sent to officials at the United States credit unions looked like they were being sent by other BSA officials.

BSA 49

BSA Credit Union Business Email Compromise Office of the Comptroller of the Currency 49

Stax

DECEMBER 4, 2023

The Bank Secrecy Act (BSA) establishes AML program requirements for financial institutions in the US while the USA Patriot Act lays down which entities are required to comply. As such, the Bank Secrecy Act (BSA) establishes certain AML program requirements for financial institutions in the US.

Money Laundering 88

Money Laundering Compliance AML Due Diligence 88

Nanonets

SEPTEMBER 23, 2024

Now, let’s examine how this is done and explore some advanced AI-powered bank statement analysers (BSA). Below are some key examples of how different sectors use this tool: Financial services Banks, credit unions, and other lending institutions use bank statement analysis to assess the creditworthiness of loan applicants.

Payment APIs and Integration 52

Payment APIs and Integration AI Audit Non-Bank 52

The Fintech Times

SEPTEMBER 19, 2024

By providing a common platform and language for discussing risk, it breaks down silos and enables teams to work together more effectively.” “By integrating and coordinating various risk management strategies, institutions can respond more swiftly to emerging threats.

Risk 59

Risk Financial Crimes AML Risk Management 59

Finovate

MARCH 28, 2024

More specifically, DataVisor’s new AML solution provides: Comprehensive end-to-end functionality: including customer risk rating, CDD, EDD, sanction/watchlist screening, transaction monitoring, case management, and automated SAR filing. According to Crunchbase, DataVisor has raised more than $94 million in funding.

AML 59

AML Compliance AI Money Laundering 59