Insights

AML Compliance

AML Guidance From FIUs During COVID-19

FIUs have responded to the current pandemic with warnings and guidance to help AML compliance teams. Here is what they say.

Live Q&A Forum: Money Laundering and Fraud Risks for Wire Transfers

AML expert Laurie Kelly, CAMS follows-up with answered questions during her recent webinar on Understanding Money Laundering and Fraud Risks of Wire Transfers.

Latest News from FinCEN

Keeping on top of the latest advisories and guidances from FinCEN as they become available.

Q&A: Understanding Wire Transfers and their Money Laundering and Fraud Risks

Questions and answers from the webinar Understanding Wire Transfers and their Money Laundering and Fraud Risks featuring Laurie Kelly.

Understanding Money Laundering and Fraud Risks of Wire Transfers

Laurie Kelly, CAMS shares her knowledge and experiences gained from 20 years in leading the AML, fraud, and sanctions compliance functions for a $130 billion U.S. financial institution that processed 12,000 to 15,000 wire transfers per day.

Procurement Monitoring

Transaction Monitoring With Alessa

Alessa can monitor financial transactions in real time, periodically or by events and using advanced analytics, detect suspicious or fraudulent transactions.

Continuous Controls Monitoring With Alessa

Alessa allows companies to detect risks, improve business processes, provide data to support decision-making and increase cost-effectiveness of controls.

What’s New in Alessa – Core Functionality

There are a number of new and exciting enhancements to the core features in the latest version of Alessa,

Role of Continuous Controls Monitoring for P-Cards

With so many transactions, users and vendors, it is difficult to track whether a p-card program is performing well. Here is how to change it.

Procurement and P-Card Fraud in the News

Recent headlines that are costing anywhere from hundreds of dollars to millions for procurement and p-card fraud.

Continuous Controls Monitoring

Dispelling Myths about Cloud Computing for AML and CCM

While the use of the cloud by businesses has grown extensively, there remain many pre-conceptions or myths about the use of this technology.

COVID-19 Medical Scams Prompt FinCEN Guidance for AML Health

The U.S. government is concerned that too many COVID-19 fraud cases are popping up as criminals find new ways to steal.

Edeka: Using Alessa for Tax Compliance

Read how this supermarket giant uses Alessa to automatically check every invoice which has increased compliance to internal controls and reduced chances of errors and fraud.

Continuous Controls Monitoring With Alessa

Alessa allows companies to detect risks, improve business processes, provide data to support decision-making and increase cost-effectiveness of controls.

Moving from Loss Recovery to Loss Prevention in Accounts Payable

Learnuse how to use issue/action/root cause indicators to prevent losses and move into preventative mode

Fraud Detection & Prevention

Live Q&A Forum: Money Laundering and Fraud Risks for Wire Transfers

AML expert Laurie Kelly, CAMS follows-up with answered questions during her recent webinar on Understanding Money Laundering and Fraud Risks of Wire Transfers.

Q&A: Understanding Wire Transfers and their Money Laundering and Fraud Risks

Questions and answers from the webinar Understanding Wire Transfers and their Money Laundering and Fraud Risks featuring Laurie Kelly.

Understanding Money Laundering and Fraud Risks of Wire Transfers

Laurie Kelly, CAMS shares her knowledge and experiences gained from 20 years in leading the AML, fraud, and sanctions compliance functions for a $130 billion U.S. financial institution that processed 12,000 to 15,000 wire transfers per day.

Using Corruption Perception Index for AML Risk Scoring

Transparency International’s Corruption Perceptions Index (CPI) shows Canada is the top ranked country in the Americas. However, the bad news is the ranking has dropped.

Q&A from What AML Teams Need to Know about Working in the Cloud

In this webinar, the trio discuss some of the myths around cloud adoption as well as real-life stories of why financial institutions moved their compliance solution to the cloud.

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