Although crucial to the success and safety of customer onboarding, implementing and maintaining a successful KYC program can sometimes create an overwhelming administrative burden. Additionally, navigating manual verification methods is costly and prone to inaccuracy, creating greater risk of customer turnover and lost revenue.
This guide will help you better understand the choices before you, no matter if your organization hasn’t even cracked the seal on third party cyber risk management.
CyberGRX and Ponemon Institute surveyed 581 IT security and 302 C-suite executives to determine what impact digital transformation is having on cybersecurity and how prepared organizations are to deal with that impact.
Serving a vital purpose for the U.S. financial system, the Bank Secrecy Act (BSA) protects its individual members from being used to finance illegal activity. But at 50 years old, its ability to achieve that purpose has not kept pace with an ever-evolving world, as the law remains largely unchanged ...
The financial services industry is a leading target for cyber criminals because there’s more than one way one way to profit from an attack.
Four in 10 compliance professionals have experienced discrimination in the workplace at some point during their career, according to a recent survey by the International Compliance Association.
In 2020, companies are experiencing new dilemmas regarding compliance. With COVID-19, millions of workers have shifted from working in an office space — an employer-controlled environment — to working from home offices.
Even though your deadline for complying may have moved out, it is time to start getting your organization ready to meet the new ASC 842 compliance standard for private organizations.
The digital economy has created a need in the world of software development to find new ways of delivering innovative software solutions and software updates faster than ever before. Development teams are—understandably so—increasingly using open source software.
Equipment leasing, when managed effectively, can offer a number of strategic financial and competitive benefits to your business.
Congress has passed a defense bill that contains amendments with big ramifications for AML, including new requirements around beneficial ownership and a new Bank Secrecy Act whistleblower program at the Treasury.
A recent survey from Compliance Week and Skillsoft of 180 compliance, risk, and audit professionals asked the question: “What’s your back-to-office plan, and does it work for you?”
This e-Book from Compliance Week and Diligent explores results from the recent survey, “Automated entity management greatly reduces compliance risk.”
This free e-Book considers five questions that can help when designing immersive financial crime training scenarios for learners.
This e-Book, from Compliance Week and Guidehouse Inc., explores how the adoption of machine learning in fighting financial crime will likely explode as technology solutions become more effective and efficient—driven by work-stream prioritization, product maturity, and refinement of implementation processes.
Risk and compliance leaders in financial services should download this e-Book from CW and WorkFusion for better “Know Your Customer” oversight.
This e-Book has the results of a recent joint survey between Compliance Week and Workiva, which show companies could benefit from the IIA’s updated Three Lines Model—especially in light of the pandemic.
The United Kingdom has become the second country behind the United States to issue guidance for companies in the maritime shipping industry helping them ferret out suspicious or illicit practices used by those hoping to evade sanctions.
This e-Book from Compliance Week and Aravo reveals the results of the “2020 TPRM Benchmarking Survey.”
This e-Book offers results from a recent Compliance Week and OpenText survey exploring why companies are still struggling with California Consumer Privacy Act compliance.