The Changing Landscape of Auditing AI
Financial crime compliance has been a strategic priority for all financial institutions (FIs) globally. The increased dynamism in the business landscape and the enhanced use...
Combating Cryptocurrency Scams: The Fight for Justice
In a testament to its growth, the valuation of cryptocurrencies has quietly surged to an astounding $2.6 trillion, a phenomenon often overlooked by many. In...
The Evolution and Escalation of Digital Payment Fraud
Payment fraud is not a new issue. Historically, fraudsters had to be patient and willing to engage in time-consuming, manual techniques to carry out their...
Why Continuous Learning Is Critical for AFC Professionals
In the rapidly evolving field of know your customer (KYC), continuous learning and up-to-date knowledge are not just beneficial—they are essential. Yet, many KYC professionals...
FinCEN’s Beneficial Ownership Reporting for Community Banks
In response to the Panama Papers, the U.S. government reacted by establishing the beneficial ownership requirements for legal entities, which began in 2018. This was...
Celebrating Veteran Excellence in AFC: ACAMS Veteran’s Scholarship Reception
On August 29, 2024, HSBC co-hosted a memorable reception with ACAMS at its headquarters in New York City, honoring the recipients of the prestigious ACAMS...