BSA, Due Diligence and Risk Mitigation

The Role of Risk Orchestration in Enhancing Financial Institution Agility Against Emerging Threats

The Fintech Times

SEPTEMBER 19, 2024

. “Risk orchestration lowers risk and boosts resilience of financial institutions by facilitating quick threat detection and response,” Kelvin Lim , senior director at the Synopsys Software Integrity Group. “This necessitates a complementary risk identification and mitigation effort involving AML and fraud. .

Risk

Risk Financial Crimes AML Risk Management

AI Meets AML: How Analytics Improve Compliance and Cut Costs

FICO

FEBRUARY 14, 2017

We have seen some improvement in the false positive rate through the use of the risk-based approach (RBA), which banks have been implementing to comply with international regulations (such as the 4 th EU ML directive, BSA 4 pillars, and FATF 2012). customers are automatically categorized into a risk bucket.

AML

AML Compliance AI Money Laundering

Payments Space

The Role of Risk Orchestration in Enhancing Financial Institution Agility Against Emerging Threats

AI Meets AML: How Analytics Improve Compliance and Cut Costs

Webinars

Stay Connected