High-quality data is the bedrock of an effective anti-money laundering (AML) and watchlist screening programme. Incomplete or inaccurate data can lead to false negatives, potentially allowing illicit ...

Traditional AML and KYC processes are frequently alert-driven, resource-intensive, and constrained by human throughput.

The AML Compliance Officer and accounting leadership should co-own key control interfaces. This includes data standards, reconciliation rules, escalation thresholds, and periodic control assurance ...

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news ...

As we shift towards a digital economy, Data engineering and modernization of the Banking and Finance systems are extremely critical. Employing robust data strategies and governance protocols designed ...

As artificial intelligence reshapes financial compliance practices, regulators across Latin America and globally are increasing their scrutiny of AI-based AML tools. This article explores the growing ...

AI-ready data is a conscious choice, and the organizations that lead the era of AI will be those that treat data as a strategic asset and culture as a force multiplier.

As real-time payments continue to expand across global markets, financial institutions are being forced to confront a growing operational tension: how to deliver speed and certainty while maintaining ...

Many banks' initial response to consent orders arising from regulatory action is to address the immediate problem by clearing backlogs or addressing issues with suspicious activity reports, instead of ...

Snowflake’s Artin Avanes explains why governance should be built into a small business’s data foundation to achieve ...