Thomson Reuters partnered with ACAMS to conduct a survey of 253 anti-money laundering compliance leaders related to processes and activities used in response to “know your customer” requirements. The responses showed the impact the CDD Rule has had – and will continue to have – on the operations and practices of financial institutions.
As of May 2018, financial institutions now need to comply with new U.S. Treasury Department rules applying to any parties qualifying as “ultimate beneficial owners” (UBOs).
Communicating during global or national events, breaking news, and especially market volatility is valuable for your clients, which means it’s valuable to you.
As technology becomes more integral to financial industry regulation, data accuracy has become a leading concern for many institutions. In fact, a 2017 Thomson Reuters Legal survey of anti-money laundering (AML) professionals found that only 23% of participants express extreme confidence in their AML and customer due diligence (CDD) data vendors.
Even something as simple as a communication software can enable superior customer experiences and more direct and valuable relationships.
ID theft and SIF schemes are increasingly enabling new account fraud (NAF), which can derail money laundering inquiries, and is integral to the furtherance of application fraud. CLEAR ID Confirm allows you to quickly identify and confirm individuals, making the KYC process seamless from the beginning stages of identity verification.
MedCity INVEST 2018 early bird window is closing, and Dealbreaker might even make an appearance!
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Starting in May 2018, complying with the Customer Due Diligence (CDD) rule will require a financial institution to change how it collects customer data.
Synthetic Identity Fraud—when criminals use falsified consumer data to open new accounts and credit cards, or apply for loans—has been identified as one of the top-three risks facing the banking industry. Find out how your institution can proactively address Synthetic Identity Fraud.
Cybercrime has evolved to exploit gaps in enterprise data security and disrupted identity theft in the process.
The Life Sciences Law Firm Index identifies the most active and relevant firms for life science companies.
It’s not dumb money. They are seeing things differently.
Check out some findings from the first-ever survey of client experiences with litigation finance firms here!
It’s time to know more about corporate venture capital because, unlike traditional venture or angel groups, there’s much less insight on corporate VCs and their practices.
If only the Pied Piper boys had known about litigation finance.
About a month ago, I discussed the venture capital landscape, and why litigation funders are attractive partners for VCs and VC-backed companies in need of resources to adequately defend their businesses. A similar, but distinct, phenomenon exists in private equity.
Popularized in films like Limitless, legal smart drugs called Nootropics are becoming more and more prevalent in board rooms and on Wall Street.
It’s not just doctors and scientists that need STEM education. America’s shifting economy is demanding more trained workers in many different sectors. See how Travis Brooks got the hands-on education he needed to become a technician at the Chevron Pascagoula Refinery. Visit The Atlantic to learn more.
The holiday season is here and it's time to shop. While you’re dreaming only of sugar plum fairies bearing fat bonuses, you don’t have the time to mingle with the riff raff at some big box nightmare. Dealbreaker is here to help. Behold the 2014 Dealbreaker Holiday Gift Guide!