Fincrime Career Tips and Tricks: What are the keys to compliance career success? Be inquisitive, ubiquitous, hardworking, and above all, have unshakeable honesty, integrity

The Skinny: In this initiative, ACFCS is engaging the fincrime compliance community for wisdom and practical insights on how to enter and rise in a fulfilling but demanding and everchanging field. For this tip, we travel to Bangladesh, to see through the eyes of a seasoned central banker with more than a decade of experience […]

Last Month Today: SEC, FATF criticize crypto, U.S., EU tick sanctions higher against Russian banks, oligarchs, vessels, vodka, BVI head arrested, and more

The Skinny: In this monthly wrap-up, we took a look at the surging sanctions against Russia for invading Ukraine and the historic, global response by the U.S., Europe, United Kingdom and other countries, along with other virtual value enforcement and oversight trends. We also offer deep and relevant coverage by ACFCS staffers from videos, to […]

ACFCS Member Spotlight: For Dharm Patel, VP and General Manager of Fraud and Financial Crime at Fiserv, improving emotional intelligence can fuel team passion, compliance success

The Skinny: Dharm Patel’s career has been mainly focused on the challenges of better capturing, analyzing and wielding data, first to stop fraudsters and scammers and more recently, to buttress anti-money laundering compliance. But after more than 16 years in the field – chiefly at credit reporting mainstay, Equifax, and for nearly a year as […]

ACFCS Exclusive Contributor Report: Wolfsberg Guidance on Customer Lifecycle Risk Management and Identity Verification – Virtual onboarding resurgence requires compliance convergence, deep dive on deepfakes  

The Skinny: NICE Actimize AML Director, Ted Sausen, tackles a weighty new report by banking powerhouse, The Wolfsberg Group, which offers insight on the fincrime compliance opportunities and challenges in going fully digital when onboarding customers. These challenges and tactics to overcome them are at the forefront of the Wolfsberg Group’s “Guidance on Digital Customer […]

FinCrime Career Investigative Tips and Tricks: How do you pull the investigative Sword from the Stone? Arthurian account names mean a dive in the Lady of the Data Lake

The Skinny: In this initiative, ACFCS is engaging the fincrime compliance community for wisdom and practical insights on how to build, broaden and sharpen your investigative toolkit with the goal to become a more effective investigator. For this tip, we travel to the Emerald Isle, Ireland, to see through the eyes of a professional with […]

The Inside Track: Decisions, Implications and Humans – A Thank you from the trenches to the frontline fincrime sanctions fighters, from veteran industry thought leader Jon Elvin

The Skinny: In all, fincrime compliance professionals take their respective roles to help safeguard national security, be a strong referral source for law enforcement and protect customers, communities and the integrity of the brand of their organizations, very seriously. As an industry, we also know what the mission objectives quickly become for institutions: watch the […]

ACFCS Exclusive Contributor Report: Lack of system tuning, human training leads to cascade of low grades, unsustainable system alert backlogs, missed deadlines in $140 million USAA AML penalty

The Skinny: The $140 million penalty levied by U.S. Treasury’s Financial Crimes Enforcement Network and the Office of the Comptroller of the Currency for anti-money laundering failings at USAA has a host of lessons for the compliance community, essentially being a roadmap to evade systems, technology and human training pitfalls. Some key takeaways: The importance […]

FinCrime Career Investigative Tips and Tricks: Be quizzical, skeptical, triangulate answers to anticipate lies – and don’t forget to check social media for anything fishy

The Skinny: In this initiative, ACFCS is engaging the fincrime compliance community for wisdom and practical insights on how to build, broaden and sharpen your investigative toolkit with the goal to become a more effective investigator. For this tip, we travel to Norway, where a professional with a deep wealth of experience in fincrime compliance […]