In August 2025, the Financial Crimes Enforcement Network (FinCEN) issued a critical advisory (FIN-2025-A003) spotlighting a growing and sophisticated threat: Chinese Money Laundering Networks (CMLNs). These networks have become deeply embedded in global financial crime, forming strategic alliances with Mexican drug cartels to facilitate complex laundering schemes that span borders and industries.
September 26th, 2025
At NICE Actimize ENGAGE 2025, a clear trend emerged among community banks, credit unions and FinTechs: most institutions are operating with lean Fraud and Anti-Money Laundering (FRAML) analyst teams, often composed of just 2 to 7 members. Despite their size, these teams are navigating increasingly complex financial crime threats—and doing so with remarkable agility, thanks to the strategic integration of artificial intelligence.
August 28th, 2025
In today’s rapidly evolving financial landscape, combating financial crime requires a unified approach that bridges the gaps between data, technology and operational processes.
August 25th, 2025
With deep insight and practical grounding in financial crime detection, Butvinik reframes the conversation around where intelligence truly lives in modern AI systems.
August 20th, 2025
The Financial Conduct Authority (FCA) has released findings from its recent multi-firm review focused on off-channel communications.
July 31st, 2025
Know Your Client (KYC) is a cornerstone of regulatory compliance for financial institutions (FIs), required both at onboarding and throughout the client lifecycle. It encompasses two key regulatory frameworks: Client Due Diligence (CDD) and Anti-Money Laundering (AML). These requirements are shaped by the jurisdiction of the FI, client entity and product offering, making KYC a complex, multi-layered process.
July 24th, 2025
A quiet but profound shift is underway in the U.S. payments system. In March 2025, the White House issued a mandate: by the end of FY2025, virtually all federal government payments — including tax refunds — must move off paper checks and onto electronic channels, primarily ACH.
July 15th, 2025
In financial institutions (FIs), onboarding is not limited to new clients—it also includes existing clients seeking to establish new entities or open additional accounts. This process involves collecting vast amounts of data, starting with legal, contracts and Know Your Client (KYC) requirements. These include Customer Due Diligence (CDD) and compliance with Anti-Money Laundering (AML) requirements. However, these initial requirements are only the starting point.