Tag Archives: Know Your Customer

Are You Leveraging Innovative Tools that Detect Location-Based Sanctions Evasion? Russia’s invasion of the Ukraine has prompted a flurry of sanctions activity in the past few weeks. On March 7th, the Financial Crimes Enforcement Network (FinCEN) issued an alert advising …

Annual financial crime compliance costs in the U.S. are up 95% for mid/large financial institutions since the beginning of the COVID-19 pandemic to a total of almost $41 billion according to the LexisNexis® Risk Solutions 2021 True Cost of Financial …