AML/CFT legislation impacts businesses across all sectors, whether large banks or local leasing companies. Regardless of size, everyone has a part to play in disrupting criminal activity and keeping our communities safe.
As the costs, risks, and regulations associated with achieving compliance continue to steadily increase, reporting entities in every sector require cost effective solutions that are the right fit for their particular risk profile and business environment.
Like many financial institutions, Credit Unions are under pressure to balance increasing regulatory requirements alongside the need to provide exceptional customer experiences and improve efficiency.
In spite of the fact that many Credit Unions have a more limited member base and narrower geographical focus, they must still comply with the same AML/CFT regulations.
Jade ThirdEye is a purpose-built, cost-effective Anti-money laundering solution designed to help Credit Unions fight financial crime. It can support member due diligence, ongoing monitoring and reporting activities.
It is flexible to adapt to changing regulations, ensuring Credit Unions are in control and have the ability to modify their rules whenever required.
You could be an AML analyst, the head of AML, or a compliance officer but ultimately you need to convince senior stakeholders that it is time to take your AML programme to the next level.
The New Zealand Police Credit Union needed a reliable, secure, flexible AML solution with premium local support. Jade ThirdEye ticked all the boxes.
Explore how the flexible Jade ThirdEye AML solution helps Credit Unions comply with confidence and keep your members safe.