Don't fall behind in digital transformation
Majority of Banks Fall Behind in Digital Transformation
Banks face challenges in digital innovation, with fewer than one in 10 bank leaders considering their organization to be at the leading edge of digital transformation, according to Gresham.
18% of banks admitted they were “lagging behind” and 44% were “working to catch up” on digital transformation.
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China and UK Lead the World in GenAI Adoption
Generative AI is here to stay. Organisations around the world are enthusiastically using and investing in the technology. But what regions and countries are leading in the use of GenAI?
Understanding Suspicious Transaction Reports
In some jurisdictions, the terms STR and SAR are used interchangeably. However, in other locations, suspicious activity reporting is broader in terms of the definition and may encompass the observance of overall suspicious activity by the customer.
Nordea Charged over Danish Money Laundering Cases
Danish police and the Special Crime Unit (NSK) accuses the Nordic regions’ largest bank of not sufficiently investigating transactions by Russian customers, as well as disregarding warnings about transactions involving currency exchange offices in Copenhagen.
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SAS a Leader Again in Enterprise Fraud Management
Data and AI trailblazer SAS is ranked as a Leader in The Forrester Wave: Enterprise Fraud Management Solutions, Q2 2024, the prestigious analyst firm’s highest designation.
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Facing Challenges with Your AML System?
Here is our guide on what to examine and how the right support service can assist you with your AML system.
Should you work in the Compliance or the IT Team, from time to time you face challenges. Download our whitepaper on how you can improve the operation of your system.
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