High-risk businesses like banks, law firms, insurance companies, and other regulated entities must perform screenings of both new and current customers as part of the risk assessment process. These checks…
As a financial organization, you have a responsibility to identify suspicious behavior. You need to do your part in preventing financial crimes from taking place. Even though financial crimes may…
There is a saying that perception is reality. Therefore, if you run a company today, you need to keep up with how the public is perceiving your company. Even if…
If you run a financial organization today, you need to do your due diligence on every transaction that comes through. Sure, some transactions are larger than others. Therefore, you will…
During the past few decades, financial crimes have only become more common. Because there are more ways than ever to process payments, there are also more apps that have to…
As technology has improved during the past few decades, financial fraud has become more common as well. Even though technology has made a lot of our lives easier and more…
The Annual Anti-Money Laundering and Financial Crime Conference hosted by the Association of Certified Anti-money Laundering Specialists (ACAMS) will begin in late September 2019. Truth Technologies has been attending this…
The fight against corruption and money laundering scandals in the European Union continues. Danske Bank, Denmark's biggest bank, has closed down all banking activities in its Estonian branch. The Danske…
The "travel rule" requires that firms engaged in money service businesses to share information about their customers and verify identities of customers. First issued in 1996, the travel rule (a…
Rifaat al-Assad, known as the "Butcher of Hama" and the uncle of Syrian President Bashar al-Assad, has gone on trial for alleged money laundering. A politically exposed person(PEP), like Rifaat…
Truth Technologies is an established, trusted provider of global risk compliance solutions. Our Sentinel application helps organizations meet their obligations for Anti-Money Laundering (AML) and Know-Your-Customer (KYC) regulations. Read more about our company.
