lock screen superimposed over man working on laptop

Can AI Be the Next Step in GRC’s Evolution?

Posted by - October 18, 2017
How IT Can Leverage AI to Prevent Major Cybersecurity Incidents The need for artificial intelligence (AI) in IT governance, risk and compliance (GRC) is growing quickly.  As companies expand their digital footprints, cybersecurity vulnerabilities worsen due to an increased amount of data being produced from IT security monitoring and performance…
financial technology

6 Trends in AML Compliance

Posted by - October 17, 2017
Translating Smart Investments to Improved Governance and Customer Relationships Anti-money laundering regulations (AML), including Know Your Customer (KYC) requirements, are hardly a new concept in the world of financial services. Over the years, financial institutions have largely mastered the mechanics of compliance. There is, however, significant opportunity for improvement, especially…
compliance app on tablet

6 Critical Components of Next-Gen Compliance Solutions

Posted by - October 9, 2017
Key Considerations for Your Next Compliance Tech Dun & Bradstreet’s Global Regulatory Strategist outlines six key traits compliance professionals should be on the lookout for when evaluating next-gen compliance solutions. In an increasingly global economy where pressure for cost control is high, accessibility to broader data and advanced technologies can help compliance…
AI brain on blue background

Intelligent Automation: Designing the Intelligent Organization

Posted by - September 25, 2017
The Driver Behind Enterprise Situational Awareness Intelligent automation is an emerging solution to enable intelligent decision-making at the strategic level, but it doesn’t necessarily have to be complex or require cumbersome new infrastructure. In fact, since overly complicated approaches to intelligent automation tend to result in project failure, simplicity may…
hand pushing "regulatory compliance" button on keyboard

Is Artificial Intelligence Ready for Financial Compliance?

Posted by - September 19, 2017
Key Challenges and Benefits of AI Machine learning and artificial intelligence have become buzzwords in the financial services industry. Daniel Fernandez helps to break down the difference between the two terms and explains how these technologies are being used by compliance departments today. By delving into how these technologies work,…
floating digitized brain

How AI is Transforming the Anti-Money Laundering Challenge

Posted by - August 10, 2017
A Much-Needed Intelligent Approach to Segmentation Anti-money laundering (AML) is a complex and persistent challenge for financial institutions. AI is transforming key elements of the AML workflow and delivering an order of magnitude in performance improvements in the process. Money laundering has become the leading source of compliance fines for…
line graph showing rise in analytics

Data Analytics Becomes Reality

Posted by - July 18, 2017
4 Techniques for Auditors While data analytics in audit has been discussed for more than two decades, most internal audit teams are just beginning to make serious investments to embed analytics in their engagements and processes. Vendors highlight techniques such as predictive and prescriptive analytics; however, it is often unclear what these techniques entail and how they can be applied…
vault door on laptop screen

Reimagining Enterprise Fraud Risk Management

Posted by - July 6, 2017
A Digital Transformation Increased sophistication in technology platforms, banking channels and digital initiatives has ushered in transformation in the banking industry. But these changes have also brought about increasingly sophisticated financial crimes. Bank fraud is now being committed by tech savvy criminals who find means to bypass the fraud detection…
man with suitcase of money

Improving the Effectiveness of AML Programs

Posted by - June 30, 2017
Using Artificial Intelligence to Minimize Risk Money laundering continues to be a serious concern for financial institutions across the globe, as legacy technologies allow an unacceptable number of illicit transactions to go unidentified. However, many forward-thinking financial institutions have begun working smarter by using artificial intelligence (AI), dramatically improving the…
mouse pointing to “deleted files” on computer screen

Keep Only What You Need

Posted by - April 5, 2017
The risk associated with violating privacy laws and regulations is higher than ever, so it is imperative for companies to implement and maintain an effective information governance program. Any data affected by privacy laws and regulations should only be kept as necessary for business purposes and to comply with applicable…
Preparing for a cybersecurity breach

5 Questions to Help Prepare for a Ransomware Attack

Posted by - September 21, 2016
All companies must combat a growing array of cybersecurity threats. The evolving threat landscape includes a recent proliferation of ransomware malware attacks designed to “lock” a company out of its own systems. This article presents five important questions to consider in order to prepare for a ransomware attack.