An Overview of Environmental Crimes Environmental crimes are estimated at over 110 billion USD annually(FATF report,2021 ). They are considered the most profitable crimes in the world. Roughly two thirds…
Recently, the Financial Industry Regulatory Authority (FINRA) issued a notice to firms to incorporate AML and CFT priorities for AML systems in advance of new regulations and standards coming in 2022.…
How Has Covid-19 Affected Financial Crimes? The Covid-19 crisis has had negative impact on businesses and their owners around the world. In order to help keep businesses afloat, the U.S.…
Who We Are: November 15th, 1996, Richmond, Virginia. The time and place Truth Technologies was born. It has been 25 years since the development of Money Laundering Detection System (MLDS),…
The Financial Action Task Force (FATF) has released a report detailing the role of shell companies and trade-based fraud to launder gains from environmental crimes. The report shows the need…
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…
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.
