Accuity Insights Blog

This article was originally published by PaymentsSource. In the global fight against financial crime, each world region faces unique challenges, and those faced by the Middle East are, arguably, some of the most complex. Geographical proximity to less stable countries inevitably makes members of the Gulf Cooperation Council (GCC) vulnerable to money laundering and terrorist […]

This is a fundamental and seemingly simple question that launches a time-consuming, multi-step process to identify and assess potential risk.

We are taking a look back at our top five most visited blogs for the first half of 2019.

A survey conducted by Accuity, in connection with the Law Society of England and Wales, reveals firms’ challenges as the sector tightens up on financial crime.

The trend towards instant payments is accelerating – but so too are incidences of financial crime. Innovation in payments screening must keep pace with the sector’s transformation if the goal of safe, secure real-time payments is to be achieved.

In the current regulatory landscape, trade companies that facilitate the movement of goods don’t have it easy. Regulations dictate how trade should be conducted, the measures that must be taken to ensure security during transportation, and who firms can do business with.

Facebook’s launch of its global digital currency, Libra, is a clear indication that virtual or crypto currencies are entering the mainstream of global finance. Facebook has the user base and technology foundation to create a cryptocurrency, but it must overcome its own challenges of trust, security and privacy with consumers, and strict AML/CFT compliance considerations with regulators from around the world.

We are delighted to welcome David White to the Accuity team as Executive Vice President Global Payments. We interviewed him to understand his current view on the payments landscape, latest trends, and the go-forward strategy for Accuity.

Our people have been reflecting on what diversity means to them and how it helps us to deliver market-leading products and services to our global clients. The latest instalment of our diversity blog series is from Bharath Vellore, Managing Director for APAC.

While this might sound like the start of a bad joke among compliance officers sharing a drink after work, being “regulator ready” was a key message at the Accuity Client Summit in New York.