The KYC utility revisited – is a problem shared indeed a problem halved?
September 24, 2019
KYC or better Customer Due Diligence and the related work of Transaction Monitoring are often considered cumbersome and painful. Not to mention that financial institutions can be fined heavily for…
Fixing the Train(ing) Wreck
September 24, 2019
The global financial crisis exposed widespread misconduct in the financial services industry, with poor risk & compliance culture being identified as a key contributing factor to the endless…
i-KYC Trend Letter Q2, 2019
September 11, 2019
We are pleased share with you the second i-KYC Trend Letter for 2019. In this quarter’s publication, we bring the following Financial Economic Crime insights and developments to your attention. We…
In his…Expanding our reach
June 22, 2019
We’re proud to announce an expansion of our partnerships and teams in the Caribbean and Singapore. IBIS Management Associates is the representative for i-KYC’s products and services in the Caribbean.…
Is digital onboarding really the issue?
June 22, 2019
In a recent study, published in Finews Asia, banks responded that digital onboarding is still a challenge. You can find the full article here This conclusion is hardly a surprise but from a pragmatic…
The impact of the Wolfsberg Group on training
June 22, 2019
Recent amendments to the well known Wolfsberg Questionnaire mean a bigger impact for more financial institutions, specifically regarding the training that a bank provides for all its staff. The…
Q1 2019 Trend Letter
March 29, 2019
With great pleasure we present to you our quarterly update on developments in the field of financial crime prevention. In this edition we will focus on the following topics: Rolf van der…
Handling security issues in different cultures
March 24, 2019
By Fernando Lanzer A useful way of analyzing security issues that are handled across different cultures is offered by looking at them through the prism of Huib Wursten’s Mental Images, a framework…
RegTech – Miracle or Myth?
March 21, 2019
RegTech is a concept that creates a lot of buzz and holds many promises. Many players join the bandwagon; advisors, lawyers, risk managers and consultants all have an opinion and try to contribute…