Financial Services

Incident response programs, service provider oversight and 30-day notification requirements on the agenda

AI tools have multiplied adviser output in financial services — and FINRA’s supervision framework was written for a different volume

Controls and infrastructure banks have built over decades were designed for a different speed of money

More firms planning to scale up fraud teams

If your board is still doing passive oversight and your controls are still manual, the gap between your program and examiner expectations is wider than you think

Digitalization and globalization have created financial institutions of every size and form, requiring compliance functions that scale from one-person teams to multi-layered departments

From legacy models to perpetual KYC Whitepaper Reimagining KYC: From Legacy Models to Perpetual KYC What's in this whitepaper from Capgemini Capgemini examines how perpetual KYC transforms traditional compliance from slow, periodic reviews to near real-time, event-driven monitoring. As regulatory expectations rise and customer onboarding becomes increasingly digital, legacy KYC systems with disconnected processes and manual checks are creating operational...

Shell companies, real estate purchases and structured trade transactions don't vanish when the cartel head is eliminated — they continue to function

Hungary's tax authority owns the UBO database while Bulgaria uses the trade register — discrepancies like these create friction even as new regime approaches

Technology is only as strong as its governance — poorly defined roles and excessive access can erode even sophisticated control frameworks

Financial products and operational processes should be designed to adapt rapidly to new requirements without extensive rebuilding through agile internal processes

Enhanced requirements target business email compromise, vendor impersonation and false pretense fraud across credit and debit transactions