AFC Challenges Archives

AFC Challenges, Understanding AI, World Digest

AI, human accountability and company ownership

August 11, 2025 /Leave a comment

This is an exploratory article on how AI may transform company ownership in the future. Legal vehicles such as companies and trusts are intended to help humans achieve their aim. These entities can be used for legitimate business or be abused to engage in illicit...

AFC Challenges, Back to the Basics, Featured Column

Beyond the exchange: Laundering crypto through luxury goods

August 7, 2025 /Leave a comment

Criminals are constantly adapting their money laundering methods in response to tighter regulations and improved detection. A prominent emerging trend is the shift away from using traditional cryptocurrency exchanges to cash out illicit funds. Instead, launderers are turning to luxury goods, vouchers and high-value retail...

AFC Challenges, Fraud, Fraud Alert, In Focus

Leveraging national security priorities for an enhanced counter-fraud response

July 30, 2025August 13, 2025 /Leave a comment

Recent assessments by agencies such as the Financial Crimes Enforcement Network (FinCEN), the Federal Bureau of Investigation (FBI) and the Office of the Director of National Intelligence have highlighted the evolving and complex nature of the fraud threat landscape. Instead of opportunistic scammers, this landscape...

AFC Challenges, Human Trafficking, Interviews

Malaika Oringo: Empowering and supporting human-trafficking survivors

July 29, 2025July 29, 2025 /Leave a comment

ACAMS Today recently caught up with Malaika Oringo, who is the founder and CEO of Footprint to Freedom, as well as director of the African Survivor Coalition. She is a distinguished expert in anti-human trafficking (HT) efforts, climate change and the eradication of gender-based violence....

AFC Challenges, Compliance, World Digest

How cartels became terrorist groups and what it means for us

July 25, 2025 /Leave a comment

On January 20, 2025, United States (U.S.) President Donald Trump signed executive order 14157, titled "Designating Cartels and Other Organizations as Foreign Terrorist Organizations and Specially Designated Global Terrorists.” As the name suggests, the order allowed for the designation of Mexico-based cartels and various criminal...

AFC Challenges, Interviews

Kathleen Ellertson and Laura Taylor: The art of supporting veterans

July 25, 2025July 23, 2025 /Leave a comment

To commemorate National Hire a Veteran Day, ACAMS Today recently caught up with Kathleen Ellertson and Laura Taylor of the Veteran Art Institute (VAI) to discuss how their organization assists veterans in integrating back into society and provides a platform for veterans to showcase their...

AFC Challenges, Career Guidance, Exclusive

From planes to pizza: The new job hunt

July 22, 2025July 22, 2025 /Leave a comment

Back in 2023, a job seeker literally risked his life to get an interview. Plummeting through the skies over London after diving from a plane, a U.K. resident held a large cardboard sign emblazoned with: “Open4Work.” As he parachuted to the ground, his attempt to...

AFC Challenges, Compliance, Fraud, In Focus

When secrets become currency: A deep dive into insider trading

July 11, 2025 /Leave a comment

Raj Rajaratnam, the founder of the Galleon Group, once one of Wall Street’s powerful hedge funds, had mastered the art of secrets. He relied on a network of insiders, notably executives at major companies like IBM, Intel and Goldman Sachs, to feed him confidential information....

AFC Challenges, Compliance

Institutional vigilance and anti-bribery and corruption programs

July 11, 2025 /Leave a comment

There is no shortcut to institutional integrity. In the wake of global scandals, shifting enforcement trends and heightened stakeholder expectations, anti-bribery and corruption programs have evolved from back-office checklists into core governance structures. For financial institutions (FIs) navigating complex global operations, compliance today is not...

AFC Challenges, Compliance, Tech Scope, Understanding AI

Transaction monitoring’s AI era

July 7, 2025 /Leave a comment

The evolution of computer programming has been remarkable. Over the past 70 years, we have progressed from using punch cards—accessible to only a select few—to artificial intelligence (AI)-powered coding agents capable of deploying entire applications from natural language instructions. Figure 1: Evolution of computer programming...

ACAMS Today

The Magazine for Career-Minded Professionals in the Anti-Financial Crime Field

AML enforcement: A shift in Brazil’s luxury

The influence of emerging technologies on cybersecurity audits

AI, human accountability and company ownership

Beyond the exchange: Laundering crypto through luxury goods

Leveraging national security priorities for an enhanced counter-fraud response

Malaika Oringo: Empowering and supporting human-trafficking survivors

AFC Challenges

AI, human accountability and company ownership

Beyond the exchange: Laundering crypto through luxury goods

Leveraging national security priorities for an enhanced counter-fraud response

Malaika Oringo: Empowering and supporting human-trafficking survivors

How cartels became terrorist groups and what it means for us

Kathleen Ellertson and Laura Taylor: The art of supporting veterans

From planes to pizza: The new job hunt

When secrets become currency: A deep dive into insider trading

Institutional vigilance and anti-bribery and corruption programs

Transaction monitoring’s AI era