Blog

The Week Of: September 28, 2020

New maritime anti-wildlife trafficking guidelines to be developed, the European Commission’s executive vice president defends his AML record, and a roundup of crypto news

By RDC Insights

The Week Of: September 21, 2020

FinCEN files expose banks, governments AML failures, pandemic related fraud has caused $145 million in losses for Americans, and FATF publishes report on red flags for virtual asset criminal activity

By RDC Insights

ESG Key to Reputational Risk Program

RDC is a purpose-built organization founded on a single principle: to fight financial crime. This fight is dynamic and evolving because criminal methods of stealing money and government regulations are dynamic and evolving. Lately I have heard from our customers a desire to incorporate Environmental, Social, and Governance (ESG) issues…

By Tom Walsh

The Week Of: September 14, 2020

Fewer banks are now working with the cannabis industry, the FCA has dropped half of its AML investigations, and the use of money mules has skyrocketed in the U.S.

By RDC Insights

Profiting from Front Line Needs

In this blog I aim to highlight some truly despicable examples of terrorist organisations attempting to gain a financial advantage from the COVID-19 pandemic at the expense of first responders. On this day which marks the 19th anniversary of the September 11 terrorist attacks, we are reminded of the critical…

By Hugo Veazey

The Week Of: September 7, 2020

European Commission fincrime chief wants a more centralized AML system, SWIFT teaches us about where money goes when it gets hacked from banks, and wildlife trafficking in Brazil is on the rise during the pandemic

By RDC Insights

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