SWIFT to roll out KYC Registry to non-SWIFT banks
by Kylene Casanova
From September, SWIFT will open up membership of its KYC Registry, used by nearly 4,000 correspondent banks and funds players, to all supervised financial institutions
Fraud is wrongful deception for financial gain. The global levels of fraud are huge and growing: according to the Association of Certified Fraud Examiners (AFCE) in the USA, a typical business loses 5…
Read moreby Kylene Casanova
From September, SWIFT will open up membership of its KYC Registry, used by nearly 4,000 correspondent banks and funds players, to all supervised financial institutions
by Kylene Casanova
Cybersecurity is the top operational challenge for c-suite executives, while a positive technological disruption in their sector is also seen as one of the top external opportunities
by Kylene Casanova
From a stock price tumble, to losing customers and millions in revenue loss, there are some preventative actions against a cybersecurity attack that companies can't afford not to put in place
by Kylene Casanova
Today’s Wall Street Journal report shows how much work is needed globally and in each country
by Kylene Casanova
There is no escape: corporate treasury departments will have to cope with many more new practices and technologies
by Kylene Casanova
Who do you trust to run a Digital Identity system: Banks? Governments? Facebook? Google? Apple? LinkedIn? The clear winners will be………
by Kylene Casanova
It's estimated that 2-5% of global GDP is lost through money laundering. Now 4AMLD has become national law in the EU but more needs to be done to tackle financial crime
by Kylene Casanova
Artificial Intelligence is the biggest commercial opportunity today and will boost global economic output by 14 per cent by 2030, according to research by PwC
by Kylene Casanova
The 4th EU AML Directive entered into national law yesterday, with clear guidelines on how banks should tackle crime, but huge obstacles remain, including cost, IT and personnel
by Kylene Casanova
Cybersecurity, financial regulation and geopolitical uncertainty, including Brexit, are major concerns for corporate treasurers, according to research by the UK's ACT
by Kylene Casanova
A survey of annual reports published by 800 companies found that most are not providing enough data on their cybersecurity strategies and few consider it a boardroom issue
by Kylene Casanova
How can you detect fraud in online sales channels, without putting off genuine customers and causing some to abandon their online purchases before they reach checkout?
by Kylene Casanova
Symantec Internet Security Threat Report shows fraud is a business and details the best practices to prevent each type of Internet threat
by Kylene Casanova
Dangers of social media, AML best practices, avoid ransomware and enhancing qualification capabilities online
by Kylene Casanova
Should corporates have faith in their banks' security systems? Banks's legacy systems are a key weakness in fighting financial crime, while evolving criminal methods is a pervasive challenge
by Kylene Casanova
Standard Chartered Bank to join Thomson Reuters KYC Managed Service for Africa becoming fourth bank to join regional partnership to accelerate on-boarding of customers
by Kylene Casanova
Cyber criminal organisations are methodical, structured and highly motivated, which means we should all be taking online security very seriously indeed
by Kylene Casanova
Creating and Measuring Effective Cybersecurity Capabilities - The Cybersecurity Risk Handbook
by Kylene Casanova
A survey by SWIFT and Dow Jones Risk & Compliance suggests that three-quarters of anti-money laundering (AML) professionals working in banks see new risks and challenges for preventing financial crime
by Kylene Casanova
These six steps will help organizations protect themselves and reduce the impact of a ransomware attack, following the unprecedented WannaCry attack in 150 countries at the end of last week
by Kylene Casanova
THE Cybersecurity reports and sources you should use to minimise cyber fraud and other fraud
by Kylene Casanova
Verizon’s data breaches report shows the dynamics of cyber fraud and what to do about breaches in each industry sector
by Kylene Casanova
Ransomware attacks on companies increased by 50 per cent last year - and financial services is most-targeted industry
by Kylene Casanova
Regulation, political turbulence and evolving operational challenges are making 2017 a challenging year for those in the front line in fighting financial crime – including corporates and banks