Compliance Archives - ACAMS Today

Sun Tzu and the Art of Due Diligence

September 22, 2021September 22, 2021 /Leave a comment

Anti-money laundering (AML), counter-terrorist financing (CTF) and counter-proliferation financing (CPF) frameworks are recognized as key weapons in the global fight against crime, whether it be the war on drugs or the war on terror. Financial institutions (FIs) and designated nonfinancial businesses and persons (DNFBPs)...

Compliance, Special for the Web

Terrorist Financing in 2021

September 15, 2021 /1 Comment

It is sadly ironic that in the year marking the 20th anniversary of the 9/11 terrorist attacks, a riot occurred at the U.S. Capitol on January 6. It was a gut punch. It was upsetting. It was surreal and a reminder that terrorism remains...

Compliance, Exclusive

Targeting Generational Differences: Turning Fraud Prevention Into Competitive Advantage

September 14, 2021September 20, 2021 /Leave a comment

There is a new twist on the “generation gap” these days―and fraudsters are exploiting it to win, while financial services organizations (FSOs) are mining it for better personalization and competitive differentiation in their product offerings and target markets. Today virtually all FSOs, no matter their...

Compliance, Special for the Web

September 11 at 20: Why AML Reforms Still Pose More Questions Than Answers

September 13, 2021September 20, 2021 /1 Comment

As the world reflects two decades on from this horrific act of terrorism, questions remain as to whether the regulations that followed 9/11 made for a safer world, particularly when it comes to the complex issue of anti-money laundering (AML) and counter-terrorist financing. September 11...

Compliance, September 2021 - November 2021

Ransomware: The Digital Battleground

September 3, 2021September 15, 2021 /Leave a comment

In the age of the internet, a hack meant the loss of personally identifiable information (PII). In the 2018 hack of Facebook, 50 million users found their birthdates, education, location and other PII vulnerable to cybercriminals.1 According to chief executive officer Mark Zuckerberg―whose own...

Compliance, September 2021 - November 2021

Elder Financial Exploitation: A Monumental Crisis

September 3, 2021 /Leave a comment

First the ingredients: One coronavirus that forces people to isolate in their own homes; add increased reliance on telephones and computers as means of communication; then remove layers of protection by eliminating home visits from Adult Protective Services case workers; insert a measure of...

Compliance, September 2021 - November 2021

September 11: The 20-Year Journey

September 3, 2021September 15, 2021 /Leave a comment

Certain events are etched in our minds forever. For those of us who were working in the public or private sector on September 11, 2001, the attacks against the U.S. by al-Qaeda (al-Qaida) were clearly one of those historic moments that remain embedded in our...

Compliance, September 2021 - November 2021

Twenty Impacts Over 20 Years

September 3, 2021September 3, 2021 /Leave a comment

ACAMS Today is kicking off the celebration of ACAMS’ 20-year anniversary with a list of the 20 most transformative anti-financial crime (AFC) events of the last 20 years. The editorial team asked ACAMS advisory board co-chair Rick Small, CAMS, and former ACAMS advisory board...

Compliance, Special for the Web

NFTs and the Next 5,000 Days

August 31, 2021August 31, 2021 /Leave a comment

On March 11, the art world was put on notice when the auction house Christie’s sold a mosaic of digital portraits for over $69 million―now the third most expensive piece of art sold by a living artist.1 The piece, “EVERYDAYS: THE FIRST 5000 DAYS,”...

Compliance, Special for the Web

Managing Financial Crime Risk Through Regtech

August 20, 2021 /Leave a comment

Regulatory technology, or regtech as it is popularly called, has been transforming the banking and the financial services regulatory landscape for the past few years. The onset of the pandemic has further accelerated and catapulted regtech to the ever-changing requirements of a dynamic market....

ACAMS Today

The Magazine for Career-minded Professionals in the Anti-Money Laundering Field

Following the Money Even When Its Cryptocurrency, With Gurvais Grigg

Nonprofits: Know Your Donor’s Asset Origination

The Nexus Between Ransomware, Cryptocurrency and Money Laundering

Ransomware: The Digital Battleground

Analyzing South Korea’s ‘Nth Room’ Case

Compliance

Sun Tzu and the Art of Due Diligence

Terrorist Financing in 2021

Targeting Generational Differences: Turning Fraud Prevention Into Competitive Advantage

September 11 at 20: Why AML Reforms Still Pose More Questions Than Answers

Ransomware: The Digital Battleground

Elder Financial Exploitation: A Monumental Crisis

September 11: The 20-Year Journey

Twenty Impacts Over 20 Years

NFTs and the Next 5,000 Days

Managing Financial Crime Risk Through Regtech