Anti Money Laundering
The Wealth Management segment is a potential high growth business for any financial institution. It is the highest customer touch segment of banking and is fosteres on long term and extremely lucrative advisory relationships. It is also the segment…
First off, I want to take a quick moment to wish each and every one of my readers,customers, colleagues (both past & present) & collaborators a very Merry Christmas,Happy Holidays…
A Brief (and highly simplified) History of Banking Data – Financial Services organizations are unique in their possessing the most diverse set of data for any industry vertical. Corporate IT organizations…
“From coast to coast, the FBI and Securities and Exchange Commission have ensnared people not only at hedge funds, but at technology and pharmaceutical companies, consulting and law firms, government…
This final post in this three part series on Payment Card Fraud covers the evolving business landscape in countering Payment Card Fraud and will make specific recommendations from a best practices,…
This article is the second installment in a three part series that covers one of the most critical issues facing the financial industry – Payment Card Fraud. While the first (and previous) post discussed…
According to the US treasury – “Money laundering is the process of making illegally-gained proceeds (i.e. “dirty money”) appear legal (i.e. “clean”). Typically, it involves three steps: placement, layering and…
Big data technologies led by Apache Hadoop can help financial services firms comply with a myriad of regulations, including US Anti-Money Laundering (AML) laws and requirements. In 2015, it goes…
(Image Credit – Larry Putterman) “What Mark Zuckerberg (Facebook’s CEO) worries about the most is the lack of change, the lack of innovation, becoming the innovator’s dilemma company that gets…
Everyday one hears more about how Big Data ecosystem technologies are helping create incremental innovation & disruption in any given industry vertical – be it in exciting new cross industry areas like Internet…