Insights

AML Compliance

Q&A from What an Effective EDD Program Looks Like

Questions and answers from the webinar featuring Andrew Simpson, the Chief Operating Officer at CaseWare RCM and, Nicholas Belani, Refinitiv EDD Transformation Manager.

What an Effective EDD Program Looks Like

This webinar will review the steps in an effective EDD program, whether you are a financial institution or a corporation engaging with global suppliers.

Latest News from FinCEN

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

EDD With Alessa

Alessa now offers the ability to order EDD reports directly from the application. This allows compliance teams to go beyond simply checking whether an entity is on a sanctions or a watch list and instead get detailed background information on individuals and businesses.

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.

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

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

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,

Six Ways to Transform Your CCM Program

PwC has identified six ways to transform Internal Audit into a digitally fit function. In Part 1 of this blog, we examined six additional habits executives say will improve your internal audit functions.

Fraud Detection & Prevention

Q&A from What an Effective EDD Program Looks Like

Questions and answers from the webinar featuring Andrew Simpson, the Chief Operating Officer at CaseWare RCM and, Nicholas Belani, Refinitiv EDD Transformation Manager.

AML Compliance in a Post-COVID19 World: Signals to Watch

Europol is warning that criminals are starting to adjust their activities as COVID-19 starts to ease. See how compliance officers can adapt.

COVID-19 Fraud Scams: Tips for AML Compliance

COVID-19 is now one of the central themes in fraudulent activities according to banks and law enforcement agencies.

Crowdfunding: A Cover for Money Laundering?

In most cases these stories are legitimate and benefit those who need them, however, in a growing number of cases, crowdfunding websites are being used for illicit purposes.

Insurance Fraud Detection and Prevention with Alessa

For insurers looking to increase profitability, Alessa is a solution that connects with existing IT systems and incorporates advanced analytics for fraud prevention that delivers exceptional results.