Oracle Financial Services » Financial Crime and AML Compliance
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This section covers articles on Financial crime and AML. Oracle Financial Services provides financial services industry with comprehensive platforms built on modern, open and intelligent technology, for digital and core transformation for banks and insurers, and a modern suite of Analytical Applications for Risk and Finance Compliance, and Customer Insight.
Oracle Financial Services » Financial Crime and AML Compliance
1y ago
The European Union (EU) has launched a new Financial and Economic Crime Centre within Europol to tackle an expected surge in financial crime in the economic downturn triggered by the pandemic. This br ..read more
Oracle Financial Services » Financial Crime and AML Compliance
1y ago
The fight against financial crime has always been a team effort with fresh momentum increasing for information sharing among financial institutions. Homomorphic encryption has emerged as a critical in ..read more
Oracle Financial Services » Financial Crime and AML Compliance
1y ago
Financial institutions are striving to boost efficiency across anti-money laundering programs by automating processes. However, they are constrained by ineffective risk scoring. Oracle advocates a mul ..read more
Oracle Financial Services » Financial Crime and AML Compliance
1y ago
The impact of COVID-19 is being felt across all areas of business, including anti-money laundering. Oracle’s John Edison shares his insights on how financial institutions can maintain AML program effe ..read more
An end-to-end cloud service can make your anti-money laundering program more effective and efficient
Oracle Financial Services » Financial Crime and AML Compliance
1y ago
Chief Compliance Officers at many midsized banks are under pressure to support ambitious growth plans, meet heightened expectations for customer experience, and assess transaction patterns that have c ..read more
Oracle Financial Services » Financial Crime and AML Compliance
1y ago
34% of total AML transaction monitoring systems in production in 2019 were SaaS based. As SaaS becomes an emerging theme in the financial crime space, Oracle explores the approach to adopting a SaaS m ..read more
Oracle Financial Services » Financial Crime and AML Compliance
1y ago
Rule-based anti-money laundering (AML) systems are inefficient and unable to keep up with emerging criminals who are increasingly using new technologies to quickly evolve their methods and increase th ..read more
Oracle Financial Services » Financial Crime and AML Compliance
1y ago
The pandemic has given rise to new forms of financial crime that seek to exploit the rapid changes caused by the pandemic in the global economy. Bad actors are using the global crisis to create new me ..read more