"AI beats rules" is meaningless if you can't explain decisions to humans. Transaction monitoring has been one of compliance's most persistent headaches for two decades. Rules fire on everything.

The world today is a very different place than even ten years ago; criminal activity is increasingly sophisticated and terrorist financing uses cutting edge technology. Financial institutions, ...

Ensuring high-quality standards in any organization is an essential ingredient that must be rooted within a company’s Quality Management Program (QMP) – a program that creates a framework to ensure ...

Most Chief Compliance Officers (CCOs) and compliance practitioners understand the need for transaction monitoring. Whether it be as a part of your overall monitoring of third parties, employees, or to ...

LONDON, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Quantexa, a leading provider of Decision Intelligence solutions for the public and private sectors, today announced recognition in Chartis’ RiskTech Quadrant ...

Transaction and monitoring fees have gone up since the debt crisis, according to a study from Dechert and Preqin. The report, “Transaction and Monitoring Fees: On the Rebound,” from Dechert partners ...

With the help of real-time transaction monitoring, financial institutions can prevent and detect fraud by viewing the underlying transaction data in real time and going through any transaction that ...

This vendor-written tech primer has been edited by Network World to eliminate product promotion, but readers should note it will likely favor the submitter’s approach. Everyone’s seen the headlines.

Startups face many challenges, but one outsized one is having to navigate regulatory requirements that differ in each jurisdiction. Particularly when it comes to financial compliance, implementing ...

Transaction monitoring is an area constantly in the spotlight. The challenge for a financial institution is to get the balance right of monitoring the accounts of those individuals up to no good ...