Financial Services

Sample-based reviews could become a thing of the past

Regulators want to see that firms’ policies work in the real world

With their reliance on late fees, buy-now-pay-later services seem designed to take advantage of consumers

Where manual reviews take weeks, AI can rapidly compare policy documentation to assessment criteria and flag control gaps

Foiling coordinated TBML schemes requires real-time, automated capabilities

Technological innovation and cross-border finance are pushing 20th-century regulatory frameworks to their breaking point

The SEC upheld record fines in April, proving mobile compliance is not a political issue but a permanent regulatory priority

AI compliance creates a global patchwork where EU fines reach €35 million while the US encourages growth — leaving financial firms navigating contradictory rules

With compliance processes driven largely by regulatory requirements, the financial services sector could be forgiven for breathing a sigh of relief under the deregulatory bent of the Trump Administration. But experts and observers in the finserv sector told CCI contributing writer Carrie Pallardy that, in many ways, even the disruption of business-friendly attitudes is still disruption — and disruption can...

Courts increasingly distinguish between personal failings and systemic compliance gaps when assessing whether financial professionals acted with integrity

State-level enforcement, private rights of action & public perception all call for staying the course

EU's new anti-money laundering authority emerges as potential counterweight amid uncertain US priorities