BSA Due Diligence Risk Mitigation 
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.
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. .
Expert insights. Personalized for you.
40 
Let's personalize your content