Asif Alam is Chief Executive Officer at Compliance.ai, a disruptive AI company combining natural language processing and expert insights. In an era defined by rapid technological advancement, the ...

Financial crime is becoming faster, smarter, and more difficult to trace. By 2026, banks and regulators will approach ...

• TD Bank’s $3 billion penalty sets a new high for banking compliance cases. In yet another reminder of the scope of Justice Department enforcement powers and an important demonstration of the risks ...

The growth in partnerships between banks and Fintech companies through Banking as a Service (BaaS) models presents significant opportunities for innovation across the financial services sector.

The BSA comprises an evolving set of US laws and regulations enacted for combating money laundering and terrorist financing. The BSA advances these goals by requiring banks to enhance financial ...

Stablecoins are moving into production at major banks faster than compliance programs are adapting, and the gap between the two ...

Shortly before announcing charges against TD Bank, DOJ issued important updates to the ECCP on September 23, 2024. The ECCP aids prosecutors in determining whether a company’s compliance program is up ...

Banks are highly concerned about managing regulatory change as state rules diverge from federal standards and from each other. This tug of war is forcing institutions to rethink compliance frameworks ...

Backbase, the enabler of engagement banking, announced a partnership with Salt Edge, a provider of open banking solutions, to support the adoption of open banking and help banks meet compliance ...

Every year lawmakers and regulators seem to find a new domain for cyber regulation and another set of standards for industry to digest and apply. While regulation of water utilities seems a likely new ...

Fourteen months after the Digital Operational Resilience Act became enforceable, Europe’s financial institutions are running ...