The 101: The extended AML Case Studies
A great read for those studying AML or working in the profession: Full credit to https://www.linkedin.com/in/shailesh-gohel/ for this publication
Building Financial Crime rules: Preventing Structuring
AUSTRAC has updated its guidance position on the reporting of threshold transaction reports (TTRs) when a customer conducts multiple cash transactions. What is this act about? AUSTRAC, Australia’s financial intelligence…
Building Financial Crime rules – High Risk Transaction Blocking
Argentina’s central bank halts cryptocurrencies from payment apps How will you implement a fraud prevention rule of this rule? Let us understand more about this decision by the central bank…
A Comprehensive Guide to AML Model Validation Rule Parameters
Anti-Money Laundering (AML) model validation is an important process for financial institutions to ensure that their AML systems are effective in detecting suspicious activities while minimizing false positives. Each rule…
Building Financial Crime rules: Comply with the Interactive Gambling Act 2001
Implementing a Card Fraud Rule to Comply with the Interactive Gambling Act 2001 What is the Interactive Gambling Act of 2001? The Interactive Gambling Act 2001 (IGA) is a piece…
What is VMAS?
The Visa Merchant Alert Service (VMAS) is a specialized fraud prevention tool provided by Visa to help financial institutions, acquirers, and merchants reduce their exposure to fraud. VMAS is designed…