Address growing financial crime and cyber-security challenges
Financial crime compliance has never been more important – or more challenging. As regulation becomes more robust, businesses need to demonstrate that their compliance programmes are effective. And keeping up with sanctions, anti-money laundering (AML) and know your customer (KYC) requirements demands dedicated compliance resources. As the speed and intricacy of fraudulent schemes evolve, effective detection and prevention is also vital.
Sanctions
How to stay ahead of ever-evolving global technology and regulation change
Risk associated to sanctions today
Why sanctions screening is critical for financial institutions
Ensures compliance with regulations and prevents money laundering, terrorist financing, and other illicit activities.
Fraud
Fraud targeting your institution
Understanding the changing tactics used by fraudsters is key to prevention. You can then take steps...
Payments fraud
Fraud is more than simply a cybersecurity concern.
How to spot, stop and defend against cyber-attacks
A best-practice guide to preventing financial institutions from cyber-attacks
Know Your Customer
What is KYC?
Know Your Customer (KYC) standards are designed to protect financial institutions against fraud, corruption, money laundering...
The KYC challenges for corporate treasurers
KYC checks are one of the top three challenges corporate treasurers face in their banking relationships.
The KYC challenges for correspondent banks
Banks are looking to streamline their KYC processes for business to continue to thrive, improve client...
What is an Ultimate Beneficial Owner (UBO)?
Ultimate Beneficial Owner (UBO) legislation has been put into place to give banks and corporates clarity...
Embrace shared solutions to meet the new reality of instant payments
Build approaches and standards that benefit the whole community.
White paper: Solving the KYC Conundrum
Drawing on discussions with numerous treasurers around the world, this white paper delves into the difficulties...
Cyber security
Customer Security Programme (CSP)
Reinforcing the security of the global banking system
How to spot, stop and defend against cyber-attacks
A best-practice guide to preventing financial institutions from cyber-attacks
Three years on from Bangladesh - Tackling the adversaries
Swift ISAC Report
Anti-money laundering
The AML challenges in correspondent banking
AML does present challenges for correspondent banks of all sizes. However, some of these could be...
Anti-money laundering (AML) and the role of technology
Despite the AML challenges in correspondent banking, developments in technology could make transaction monitoring and screening...
Key takeaways from the 5th AML Directive
The 5th AML Directive (5AMLD) came into effect in early 2020 to mitigate criminal economic activity...
Data
How to leverage payment data and analytics to mitigate compliance risk
5 key steps compliance professionals need to take to better harness payment data for compliance risk...
Data-driven compliance
By embracing data-driven compliance, banks can harness data and analytics more effectively.
Real-time payments
Preparing for the compliance challenge of real-time, cross-border payments
Cross-border payments are undergoing a major transformation to facilitate real-time frictionless payments, forcing the governing institutions...
Our solutions for Financial Crime Compliance
Discover more about our solutions for Financial Crime Compliance.
Know Your Customer (KYC)
In an increasingly global economy, financial institutions are more vulnerable to illicit criminal activities. Know Your Customer (KYC) standards are designed to protect financial institutions against fraud, corruption, money laundering and terrorist financing.
Anti-money laundering (AML)
Anti-money laundering (AML) compliance is one of the most costly and challenging issues facing the industry today. We’re working with our community to identify risks, strengthen procedures and improve efficiency.
Fraud
Understanding the changing tactics used by fraudsters is key to prevention. You can then take steps to defuse the threat and protect your financial assets against payments fraud.
Effective and efficient. You have to be both.
The challenges are constantly evolving. From focusing initially on correspondent banking activity, regulators are also turning their attention to trade finance, securities and corporate transactions, increasing the volume and complexity of the compliance task facing financial institutions.
You need standardised, enterprise-wide solutions to help you manage your compliance requirements and mitigate risks and costs. Our portfolio of financial crime compliance solutions is designed to meet your needs.
