Blog

Customer Due Diligence Explained

Customer due diligence software, like RDC’s, can help make AML due diligence and customer due diligence faster, easier and more accurate.

By RDC Insights

The Week Of: August 31, 2020

COVID-19 fueling global illicit trade, human trafficking worsens during the pandemic, and launderers and cybercriminals are targeting video games

By RDC Insights

Model Governance: Statistical Controls for Statistical Models

Using the power of AI to prevent financial crime: The New Way to Work

By Jeff Sidell

The Week Of: August 24, 2020

FCA wants to extend AML reporting requirements to crypto firms, US regulators clarify due diligence requirements for PEPs, and more than $5 billion in global fines doled out for AML failures so far in 2020

By RDC Insights

Wirecard Scandal: A String of Red Flags

It’s unlikely to have passed you by that there’s currently a bit of a scandal going on in relation to Wirecard. Red flags were raised as far back as 2008 concerning accounting irregularities and more recently it has been reported that Wirecard processed payments for a mafia-linked casino. In this…

By Hugo Veazey

Getting Real About AI

Using the power of AI to prevent financial crime: Automating customer screening decisions

By Jeff Sidell

The Time is Now: The Fourth Industrial Revolution and AI

As our working and living circumstances continue to challenge the norms we knew just a few months ago, what can I say that market observers and pundits have not already considered? What I can say is everything has changed … and not much at all. Like most businesses, what RDC…

By Tom Walsh

The Week Of: August 17, 2020

Germany sees large spike in reported AML/CFT cases, public-private partnerships to fight financial crime become en vogue, and the US Army says North Korea maintains a massive global hacking operation

By RDC Insights

The Week Of: August 10, 2020

Congress stalls on beneficial ownership bill, U.S. pandemic fraud nears $100 million, and feds dismantle seize crypto from terrorist groups

By RDC Insights

Instrument in Support of Trade Exchanges (INSTEX)

The Instrument in Support of Trade Exchanges (INSTEX) was established to facilitate trade between Europe and Iran following the reinstatement of sanctions against Iran by the US. In the year and a half since its founding, more countries have expressed interest in the mechanism, despite an overall lack of trade…

By Hugo Veazey