Blog

The Week Of: December 9, 2019

An alarming rise in elder fraud, the global fight against money mules, and billions of dollars lost to crypto fraud in 2019

By RDC Insights

AML Customer Screening: Fintechs Vs Banks

In today’s anti-money laundering (AML) environment, it is widely accepted that effective customer screening should include checks for politically exposed persons (PEPs), sanctioned entities and adverse media information. In contrast, the traditional view held by some banks is that screening for ‘only’ PEPs and sanctions fulfils legal and regulatory requirements….

By Hugo Veazey

Big Deal or Small Deal?

The puzzle of Brexit for risk managers and compliance beyond just the regulations

By Tom Walsh

On 29Leaks

All of RDC is watching this latest money laundering tale. The eventual outcome may mean helpful dataset additions to our solution.

By Hugo Veazey

The Week Of: December 2, 2019

FATF to focus on wildlife trafficking, truck drivers get anti-human trafficking training, and New Zealand banks told to do more to halt child exploitation

By RDC Insights

AML Screening: From Onboarding to Monitoring

When it comes to onboarding new clients and carrying out due diligence, financial institutions applying a risk-based approach (RBA) will implement an appropriate level of customer screening. But one client can engage across multiple lines of business with varying levels of risk, creating a paradox: screening drives the risk rating…

By Hugo Veazey

Unseen UK Announces Partnership with RDC in Efforts to Eradicate Modern Slavery

LONDON–(BUSINESS WIRE)–Unseen, a United Kingdom national charity that works to eradicate modern slavery, announced today its partnership with RDC, the global leader in compliance screening. Unseen also received a donation from RDC at the FinTech FinCrime Exchange (“FFE”) annual conference, FFECON, last Thursday in London. FINTRAIL, founders of the FFE,…

By RDC

The Week Of: November 18, 2019

FinCEN gets stern with crypto exchanges, money mules a growing problem in New Zealand, and Asia leads the world in people trafficking within global supply chains

By RDC Insights

The Hottest Commodity on the Black Market: People

Welcome to RDC Insider Insights. This is the first in a series of posts on a multitude of modern-day financial crimes. We’ve analyzed our global datasets to understand how certain types of crimes and risks are changing over time, both globally and in regional splits, to uncover trends and provide…

By Colleen Dychdala and Katherine Conroy

The Week Of: November 11, 2019

Important sanctions updates regarding Iran, laundering money with luxury goods, and secret NYC condo owners can stay secret for now

By RDC Insights