Posts Tagged ‘kyc’

The fight against fraud is more like a race – a long, never-ending ultra marathon where your opponents are always 100 yards ahead of you.  If you don’t keep pace, your profit margins are impacted, you put customers at risk, and the government eventually steps in and shuts you down. If you sprint too hard, […]

In the mid to late 2000’s, anti money laundering (AML) efforts were focused on illicit drugs and identifying those responsible for distributing those drugs. The investigations involved chasing the money and seizing the assets which would presumably halt the distribution network. Fast forward to 2010:  drugs were certainly significant in the movement and laundering of […]