Trade Based Money Laundering—Capturing the New Frontier through Analytics

Given these challenges, most banks are enhancing their controls and introducing further manual checks for trade finance screening. At the same time initiatives are in progress to explore automation of such activities to enable operational efficiencies which directly translate to customer experience as well as repeatability and auditability of such a process. Responding to this global change and to the challenges faced by their clients, one of the market leading banks stated that it has invested
Read more...

;