May 8, 2013 - BSA Know Your Customer Survey Results
Financial Services Industry needs to become Global Leaders in Identity Authentication
Over the past month, we conducted a poll of compliance...
Over the past month, we conducted a poll of compliance...
Bank Secrecy Act compliance is more important than ever to companies that deal with “covered transactions”. The cost of fraud has exceeded one...
There are a number of ways to achieve compliance with anti money laundering regulations by authenticating ID documents. Relying on the skill of bank...
To deter or prevent illegal activity including terrorism and money laundering, Bank Secrecy Act compliance requires verification of a client's or...
The Bank Secrecy Act or BSA requires a written Customer Identification Program (CIP) for client identification verification. Banks particularly must...
Complying with the BSA Bank Secrecy Act via ID...
If you have followed the news at all lately, you have likely heard that financial institutions of all stripes are coming under greater scrutiny,...
Scenario:A financial institution is opening a new branch, and is starting a major local PR blitz for new customer acquisition.Great incentives are...
The last several weeks have seen a number of noteworthy arrests for money laundering. A fugitive American, who pled guilty to money laundering...