White Papers

Cleaning Up: The Rise of the Laundromats

Financial services professionals should understand and be able to identify the money laundering schemes known as laundromats. In this paper we examine: The major examples of the recently revealed laundromat schemes; The schemes’ key characteristics; and Actions you can take to protect your company and customers. Learn what to look…

By RDC Insights

AI and FinTech: An Intelligent Choice or Artificial Hype?

Fintech companies are founded on the premise of the value of technological innovation, and therefore AI is an inherently attractive possibility. But as the hype cycle around AI and machine learning begins to round off and real value emerges, have fintech businesses embraced AI in the fight against financial crime?…

By RDC Insights

Driving ROI: The Business Case for a Comprehensive Due Diligence Solution

Organizations are continually challenged to improve their due diligence programs. Regulators are increasing the pressure on organizations to extend AML/KYC screenings by improving insight into all customer segments, including low risk groups like retail customers and third party providers. This is a high bar for compliance officers, expecting exhaustive screening…

By RDC Insights

Improving the Impact of Adverse Media Screening For FinTech Companies

The accelerating flow of news has presented both opportunities and challenges for risk and compliance professionals looking to utilise adverse media for customer screening. On the one hand, adverse media is an expansive source that can help surface potential criminals not found in traditional PEP and sanctions lists. On the…

By RDC Insights

Using Cognitive Prediction to Confront Terrorism Financing

As terrorism evolves, the traditional ways of identifying the finance it depends on are become less and less effective. At a time when CTF and AML regulations are becoming ever more demanding, this is an urgent issue. We argue that it’s time to turn the existing approach to counter terrorist…

By RDC Insights

Demystifying AI and Machine Learning

You can’t go far in the business world today without encountering buzz about data and “cognitive technologies” such as machine learning and artificial intelligence. Yet despite the hype, it’s not always easy to find a ready, layperson’s explanation of what these technologies are and why they are so significant in…

By RDC Insights