-
Privacy vs Transparency
The Court of Justice of the European Union (CJEU) has just published a ruling in which it considers invalid the provision of the EU anti-money laundering directive that makes information on the beneficial owners of companies public. Whilst many are claiming a victory for Privacy, many in the Financial Crime and Compliance…
-
How Allianz is transforming their business through technology!
Quantexa speaks with Allianz CFO to discuss the challenges of adopting technology across the enterprise, the role of data in customer-centricity, and leading transformation in the insurance industry. See the link here: https://www.quantexa.com/resources/allianz-transforming-using-tech/
-
European Commission Highlights Online Gambling’s Money Laundering Risks
The European Commission (“Commission”) recently released its 2022 Supranational Risk Assessment Report (“SNRA Report”) to the European Parliament and Counsel regarding the “risk of money laundering and terrorist financing affecting the internal market and relating to cross-border activities.” The SNRA Report analyzes, on a…
-
Banks turn to network tools and anomaly detection to fight financial crime
Great article, with insights from Alexon Bell and Patrick Craig, looking at why Financial Institutions are increasingly using entity resolution, network analytics and anomaly detection to tackle the misuse of trade finance for money laundering and fraud. As the article notes, the importance of systemically identifying…
-
The EU’s focus on terrorist financing has faded — the threat has not
Combating the financing of terrorist (CFT) activity should be at the core of the security response, yet the policy community has seemingly moved on according to The Center for Financial Crime and Security Studies at the Royal United Services Institute. What are your thoughts?
-
FATF Public Consultation - Revision of R25 and its Interpretive Note
The FATF is working to improve global beneficial ownership rules to help stop criminals, kleptocrats and sanctions evaders from hiding their illicit activities and dirty money behind shell companies. The FATF has released two documents for public consultation. 1: A guide to changes for FATF’s Recommendation 24 and its…
-
Desilo, detangle, deduplicate: A better way to solve a complex data problem.
A comprehensive guide to overcoming your company’s trickiest data record challenges—through contextual Master Data Management. See it in action The Challenge You Face After decades of data collection, your company’s volume of data will have grown exponentially. But most of this data is collected by multiple applications,…
-
Quantexa using Google Cloud Video
Ever wondered how Quantexa is using Google Cloud for its business? Check out this video by @Dave_Burt, Quantexa Global Customer Programs You'll get a quick overview of the tools helping us become more competitive in today's cloud market.
-
Is single view enough to action business decisions?
Traditional MDM has historically been around creating a single view of individual or business. Often, that view is static and looks at entities from one angle- and therefore serve for a specific use-case/purpose. As data continues to proliferate, and the value of having each BU look after their data and create use-cases…
-
What are the limitations of standard MDM?
I've been discussing this with a colleague of mine earlier today, and I came up with the following list: Increased interest of “transactional” style MDM rather than traditional “registry” style MDM Adoption of specialized units/teams at organization to look after “single view”, often under different names of MDM like One…