Criminal networks don’t rely on a single bank or a single account holder. Activity is deliberately distributed across multiple institutions, often spread across different individuals… Read More »The kill chain: How criminal networks move across institutions
New capabilities and new expectations are reshaping AML. Banks and regulators agree that static rules engines and siloed data no longer meet the demands of… Read More »Why AI must accelerate AML investigations and why humans must stay at the core
Written by: Board Director of Consilient and CEO of IDPL Consulting, LLC and Matthew Girgenti, Managing Consultant at Jetty Partners, LLC Despite spending billions of… Read More »Inside Chinese Money Laundering Networks and how Federated AI can detect and prevent them
Is my AML model effective in practice? And what’s the best way to answer that question? Research from PwC reveals why: 90-95% of AML alerts… Read More »Is PRAUC the gold standard for AML model performance?
Every day, thousands of reports flood regulator and FIU systems, yet only a small fraction contain intelligence that drives investigations forward. In 2024 alone, U.S.… Read More »Federated Learning is the AML breakthrough Regulators and FIUs have been waiting for
In regulated environments like AML, a model without transparency is a model without credibility. Executives won’t trust it. Regulators won’t approve it. Compliance teams are… Read More »Explaining AML AI models: Making performance metrics clear for Executives and Regulators
Fentanyl kills quickly. The money that fuels it moves quietly. And that’s what makes it so hard for banks to catch. Washington knows it. That’s… Read More »Spotting Fentanyl in the financial fog: Why Federated Learning matters
There’s something unsettling about how familiar this is. A fast-growing bank. Compliance controls that couldn’t keep up. A regulator forced to step in. Again. And… Read More »UK’s Monzo Bank £21m warning: scale without control is not success
Collaboration across financial service organizations exists today. Credit Reference Agencies (CRAs) gather credit payment information from multiple industries and share it for the purpose of… Read More »What’s really holding back AML collaboration and how to fix it
Criminals exploit gaps in both banks’ monitoring systems and also take advantage of jurisdictional gaps. Funds are routed through regulated entities with weak controls and… Read More »The gaps criminals exploit: Why global AML collaboration is closer than you think
