Financial crime validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses.
Millions of transactions are monitored everyday. Anti-money laundering (AML) transaction monitoring enables banks and other financial institutions to analyse how their customers are spending and moving money in real-time.
It is estimated that financial criminals will always remain three steps ahead. Tuning and optimising your systems helps to fight against financial crime.
We have just reached the 1 year anniversary since the beginning of the Covid-19 pandemic in the UK. Has Covid-19 created the perfect breeding ground for financial criminals and opportunists?
In the spirit of International Women’s Day, we have decided to celebrate some of our leading female consultants at Contineo FRS who are paving the way across Financial Crime detection.
With over 90% of all alerts usually resulting in being a false positive, Financial Crime professionals can be inundated with mounting false positive results. These alerts can be a huge financial burden to banks. Read more to find out what to look out for.
For Banks and Financial Institutions (FI), health checks should be at the forefront of maintenance planning for internal systems and identification of financial risk. Often organisations neglect to carry out frequent health checks…
Financial crime validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses.
Millions of transactions are monitored everyday. Anti-money laundering (AML) transaction monitoring enables banks and other financial institutions to analyse how their customers are spending and moving money in real-time.
It is estimated that financial criminals will always remain three steps ahead. Tuning and optimising your systems helps to fight against financial crime.
We have just reached the 1 year anniversary since the beginning of the Covid-19 pandemic in the UK. Has Covid-19 created the perfect breeding ground for financial criminals and opportunists?
In the spirit of International Women’s Day, we have decided to celebrate some of our leading female consultants at Contineo FRS who are paving the way across Financial Crime detection.
With over 90% of all alerts usually resulting in being a false positive, Financial Crime professionals can be inundated with mounting false positive results. These alerts can be a huge financial burden to banks. Read more to find out what to look out for.
For Banks and Financial Institutions (FI), health checks should be at the forefront of maintenance planning for internal systems and identification of financial risk. Often organisations neglect to carry out frequent health checks…
