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October 11, 2017
Customer risk ratings (CRR) was a hot topic at the ACAMS Annual AML and Financial Crime Conference that garnered many discussions both in and out of the plenary session. As mentioned in my blog about the keynote session, a customer rating based on one category, such as country, is not adequate. Two... Read More »
October 5, 2017
Kronos is a leader in Workforce Management solutions that enable tens of thousands of organizations in more than 100 countries to control labor costs, minimize compliance risk, and improve workforce productivity. CaseWare Analytics recently interviewed Bistra Dimitrova, MBA, CIA, CRMA and Manager... Read More »
October 3, 2017
Anti-money laundering (AML) compliance in the gaming sector was once again a hot topic during the recent ACAMS Annual AML and Financial Crime Conference. During the keynote session, it was noted that compliance in the industry has improved significantly, with an increasing number of suspicious... Read More »
September 26, 2017
This week I am at the ACAMS 16th Annual AML & Financial Crime Conference and the event is offering a wealth of tips for those concerned about combatting money laundering. While Fred Kaplan, author of the Dark Territory: The Secret History of Cyber War, delivered a keynote address that was a... Read More »
September 19, 2017
When it comes to purchasing cards (P-Cards), there will always be employees who will unintentionally misuse the card or purposefully try to conceal personal purchases. Here are some recent stories about P-Cards being used to purchase everything from lawnmowers and jewelry to televisions and doggy... Read More »
September 13, 2017
When internal controls fail, it can come with a big price tag. Not only can an organization lose money because of the revenue leakage itself, but if the loss is significant enough in can compel some companies to seek out the help of cost recovery services—and that help doesn’t come cheaply. One of... Read More »
September 7, 2017
In our recent webinar, ‘The Truth Behind Detecting Fraud Using Data Analytics Tools’, data consultant Sunder Gee dispels some of the myths around using data analytics to detect fraud. As he debunks these myths, Sunder reminds us of the important role data analytics plays in audit and shared best... Read More »
August 25, 2017
Onboarding is an essential, if tedious, practice for any financial institution. A labor-intensive process, it’s necessary to ensure that organizations have fulfilled their Know Your Customer (KYC) requirements, and have done due diligence to avoid doing business with high-risk customers or vendors... Read More »
August 16, 2017
Fighting financial crimes such as money laundering and terrorist financing is a never-ending battle due to the persistent evolution of activity and channels criminals use to commit crimes. In response, the United Nations Office on Drugs and Crime (UNODC) has developed a standard software solution... Read More »
August 10, 2017
The heatwave and wildfires in Europe are not the only headlines that caught our eye. Here are a few anti-money laundering stories that you’ll want to read. Ireland: The country’s Criminal Assets Bureau (CAB) has launched investigations into accusations that members of Dublin gangs are using the... Read More »

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