Celebrating 25 Years of Truth Technologies
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),…
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Anti-Money Laundering Compliance and Environmental Crimes
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…
Suspicious Activity Reports: What You Need To Know
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…
The importance of Adverse Media checks in Today’s AML Environment
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…
What Are RCAs: Relatives And Close Associates?
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…
What is an AML Compliance Program?
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…
What Is Anti-Money Laundering (AML) and Why Is it Necessary?
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 24 Years Old – Trailblazer of AML/KYC Solutions
Founded by Egide Thein in late 1996, Truth Technologies, Inc. (TTI) was one of the very first companies to provide anti-money laundering and know-your-customer compliance solutions. Before the Patriot Act…
