Similar Articles

Browse Main Topics:

Business
Computers & Electronics
Education & Reference
Entertainment & Leisure
Family & Home
Finance & Investment
Health
Internet
Pets & Animals
Science & Technology
Society, Politics & Culture
Sports & Recreation

Similar Articles

Bank Technology News March 2003 Michael Grebb	Banks dig in along the war's new front line in a high-stakes bid to stop money laundering Renewed federal efforts to stop money laundering and terrorist financing have strapped the banking industry with potentially more paperwork, obligations and record-keeping burdens than at perhaps any time in its history.
Bank Technology News March 2003 Holly Sraeel	AML Tech Can Spot Patterns, Detect Odd Behavior Anti-money laundering technology is arming institutions with better tools to fight what the electronic age has made an even more difficult task, particularly with the anonymity of financial clearing and settlement systems and the ability to execute transactions in real time.
Finance & Development September 1, 2002 Aninat et al.	Combating Money Laundering and the Financing of Terrorism Money laundering and terrorist financing can threaten financial stability and economic prosperity, adding to the gravity of the underlying crimes. The IMF, working closely with the global community, is stepping up its efforts to fight these abuses.
Bank Systems & Technology October 21, 2007 Maria Bruno-Britz	BB&T Adopts a Centralized Approach to Anti-Money Laundering As money laundering grows more global and real-time in scope, experts agree that it is vital for financial institutions to use more-flexible strategies to combat criminals. The result is a growing need for more-dynamic technology.
Bank Technology News February 2004 Jeremy Quittner	Say Goodnight to Money Laundering Dr. Jim Goodnight, CEO of SAS Institute, is knee-deep in helping banks fight money launderers. His next bet? Use business analytics to root out suspect behavior on Wall Street.
Mother Jones December 2000 Ken Silverstein	Trillion-Dollar Hideaway Offshore accounts. IBCs. Walking trusts. Financial institutions have plenty of names for the places where the wealthy now hide their money from the IRS. They just don't call it cheating...
Reason November 2003	Show Us Your Money The USA PATRIOT Act lets the feds spy on your finances. But does it help catch terrorists?
BusinessWeek June 23, 2011 John Tozzi	From Building Minebots to Digging for Dirty Money Jamie King's attempt to build mining robots turned into software that helps banks find money launderers in a sea of financial data.
OCC Bulletin February 22, 2006	OCC Bulletin Subject: Bank Secrecy Act/Anti-Money Laundering Description: U.S. Money Laundering Threat Assessment The first U.S. government-wide analysis of money laundering, published in January 2006, is designed to help provide a better understanding of money laundering in the United States and support strategic planning efforts to combat that activity.
OCC Bulletin June 19, 2000	Suspicious Activity Report All banks are required to file Suspicious Activity Reports when they detect a known or suspected violation of federal law or a suspicious transaction related to a money laundering activity or a violation of the Bank Secrecy Act...
Bank Systems & Technology January 30, 2005 Peggy Bresnick Kendler	Anti-Money Laundering As concerns about terrorism and fraud intensify, money laundering has become both a compliance and a competitive issue, with attendant consequences. To respond effectively, banks must adopt a culture that fosters AML practices in addition to technology solutions.
Salon.com October 5, 2002 Farhad Manjoo	Betting on Uncle Sam Online gamblers are waiting for legislators to make their Wild West world a safer place to wager -- but the government keeps waffling.
Bank Systems & Technology October 1, 2007 Peggy Bresnick Kendler	Banks Are the First Line of Defense Against Money Laundering Databases and modeling tools are among the systems helping banks analyze the data required to understand customers, monitor millions of transactions and identify suspicious behavior.
CIO July 1, 2002 Daintry Duffy	Terror Transactions Bedevil Banks The burdens the new USA Patriot Act places on banks and financial institutions are creating a surge of interest in technologies designed to help companies identify potentially suspicious activity.
Bank Technology News September 2010 Tom Leuchtner	Patrolling the Neighborhood Cyber criminals are employing increasingly sophisticated methods to perpetrate financial crimes.
Bank Systems & Technology March 12, 2008 Maria Bruno-Britz	Gov. Spitzer Exposed by Bank's Suspicious Activity Report Technology Although credit for exposing Spitzer's illicit trysts has been attributed to cell phone records, new evidence shows that his bank's suspicious activities reports also played a vital roll in blowing his cover.
Bank Systems & Technology April 1, 2005 Ivan Schneider	Red Light, Green Light Anti-money laundering systems shouldn't be designed to placate regulators, but rather to foil those who would enrich themselves with the proceeds of crime.
U.S. Banker December 2004 Karen Krebsbach	Fear Factor The banking industry is feeling blindsided. Stunned by the recent escalation in anti-money-laundering enforcement-punctuated by the International Bank of Miami, AmSouth and Riggs cases--the industry is on the defensive.
InternetNews May 18, 2006 Roy Mark	Feds Indict Betting Site for Money Laundering The Department of Justice raised the stakes in its campaign against online gambling sites yesterday with money laundering indictments against Antigua-based Worldwide Telesports and its operators.
Finance & Development September 1, 2002 Nsouli & Schaechter	Challenges of the "E-Banking Revolution" Electronic banking is the wave of the future. It provides enormous benefits to consumers in terms of the ease and cost of transactions. But it also poses new challenges for country authorities in regulating and supervising the financial system and in macroeconomic policy.
Bank Systems & Technology March 27, 2008 Maria Bruno-Britz	Spitzer Exposed by Bank's Anti-Money Laundering Technology The discovery of Eliot Spitzer's involvement with a prostitution ring can be attributed in great part to routine anti-money laundering processes and technologies.
OCC Bulletin May 20, 2003	Bank Secrecy Act/Anti-Money Laundering Revocation of Designation of Ukraine as Primary Money- Laundering Concern... Proposed Rule Imposing Special Measures Against the Country of Nauru
Managed Care May 2002 Melanie Brody	Insurers Obligated To Fight Money-Laundering Schemes Federal antiterrorist legislation enacted last October requires that health insurance companies, along with an array of other financial institutions, should have adopted and implemented programs to combat money laundering by April 24, 2002
Wall Street & Technology November 19, 2007 Melanie Rodier	Asia Tops World for Money Laundering Risk A global survey of senior anti-money laundering compliance officers identified Asia as the region currently experiencing the greatest increase in money laundering risk.
OCC Bulletin June 21, 2002	Bank Secrecy Act/Anti-Money Laundering Title III of the USA PATRIOT Act authorized new measures to combat money laundering and terrorist financing. Section 312 of the act furthers this goal by requiring U.S. financial institutions to establish due-diligence policies, procedures, and controls to detect and report money laundering.
OCC Bulletin January 4, 2002	Bank Secrecy Act/Anti-Money Laundering Interim Guidance on Compliance with the USA PATRIOT Act...
OCC Bulletin July 19, 2006	Bank Secrecy Act/Anti-Money Laundering The attached advisory aims to help U.S. financial institutions better guard against an increasingly prevalent money laundering threat involving the smuggling of bulk U.S. currency into Mexico.
CFO Joseph McCafferty	Laundry Time Prosecutors are applying money laundering laws to the recent crop of financial scandals.
Bank Technology News April 1, 2008 Joe Sowerby	ID-Theft Fears Keep Clients Off the Web Adoption of online banking is increasing, but not nearly at the rate of broadband adoption. The main reason: fear of online identity fraud.
Bank Technology News June 1, 2008 Chris Belthoff	Effective AML Demands Centralization Taking steps to establish a financial intelligence unit has many benefits and few, if any, downsides.
Bank Systems & Technology August 27, 2009 Maria Bruno-Britz	U.S. Small Businesses Are Scammers' New Targets Cyber crooks in Eastern Europe have begun to prey upon smaller companies in their efforts to steal.
Wall Street & Technology October 27, 2003 Jim Middlemiss	Finding a Needle in a Haystack One of the main difficulties in complying with the U.S.A. Patriot Act is sifting through the huge amount of information financial services firms process every day.
Wall Street & Technology February 12, 2004 Jessica Pallay	Hanging Launderers Out to Dry With the Patriot Act here to stay, Wall Street remains vigilant about hampering the efforts of money launderers.