Archives: June 2019

Getting the whole picture

As a necessary matter of compliance, banks routinely risk-score their customers to ensure they comply with their pre-defined risk-appetite. Whether during onboarding or through monitoring customers and transactions, every entity is screened by the major financial crime divisions, usually broken down into: Know Your Customer (KYC), Anti-Money Laundering / Counter-Terrorism Financing (AML/CTF), Sanctions, Fraud, and […]

The new sheriff in town

They provide no direct revenue or income for banks. They have been described as the “killjoys of finance”. They have put the brakes on some of the most lucrative services banks can offer. Yet, they are the fastest growing job in the financial services industry. With so much focus on job growth in the tech […]