This issue becomes even more paramount for businesses using anti-money laundering (AML) tools, where the backbone of the AI solution, an AML data layer, is often weak or poorly structured.

An intelligent compliance platform, Napier Continuum, including Transaction Monitoring, Client Screening, Perpetual Client Risk Assessment and Client Activity Review, will provide Mizuho Bank ...

Data obtained by client due diligence platform Thirdfort showed that firms with 20 or fewer fee earners account for 55% of proactive inspections, 74% of desk reviews, and 86% of enforcement ...

The FCA said it expected ADMISI to address concerns it raised regarding the firm’s AML systems during a 2014 periodic assessment. Specific issues the regulator said it found involved the firm’s risk ...