by Israel Udensi | Aug 26, 2024 | Blog
Money laundering is a significant concern for financial institutions worldwide, as it involves disguising the origins of illegally obtained money to make it appear legitimate. Detecting and addressing money laundering red flags is crucial to safeguarding the integrity...
by Israel Udensi | Aug 9, 2024 | Blog
In a highly regulated corporate environment, institutions must adhere to a multitude of regulatory compliance requirements. Compliance is crucial and it often comes with significant costs. One of the key factors driving these costs is the occurrence of ‘false...
by Israel Udensi | Jul 22, 2024 | Blog
In today’s highly regulated business environment, compliance has become a critical aspect for institutions across the globe. Understanding the costs associated with compliance and non-compliance is essential for institutions aiming to operate successfully and...
by Israel Udensi | Jul 18, 2024 | Blog
In the ever-evolving landscape of financial services, performing due diligence and understanding high-risk customers has become paramount. The institutions and businesses are fraught with risks, and it is the responsibility of management to ensure business activities...
by admin | Jul 10, 2024 | Blog
In today’s fast and rapidly evolving digital landscape, the significance of effective digital onboarding cannot be overstated. The advent of digital onboarding, driven by technological innovations, has revolutionised this process, offering enhanced customer...
by admin | Jun 25, 2024 | Blog
In the emerging financial landscape, onboarding new customers is not merely about collecting their details and setting up accounts. Understanding each customer’s risk profile is important for mitigating potential risks such as money laundering, terrorist financing and...