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.
Thanks to digital technology, the world of payments, money exchange, and remittance providers has developed quickly and is now reaching more areas of the world with a wide variety of new services that are fast and convenient. But with this growth comes the fundamental requirement to be safe and secure.
That’s why compliance is a top priority for the remittance industry. Remittance volumes are rising every year and more corridors are being connected through sophisticated networks developed by today’s global money transfer operators.
But all organisations are subject to local, national, and international regulations. Whether the remitter is a money transfer operator or a bank, it's bound by long-standing due diligence and compliance obligations.
Join us in a panel discussion around the key aspects Money Remitters and Currency Exchange Providers need to consider for their AML/CFT programme.
Money remitter, Fexco Pacific, transforms its transaction monitoring programme, enabling it to meet its AML obligations twenty times faster.
Explore how the flexible Jade ThirdEye solution helps organisations to achieve AML compliance.