Types and Examples of Suspicious Transactions: A Closer Look
When it comes to reporting suspicious transactions, there are many types to consider. Here, we'll take a look at some of the main examples.
6 Tips for Growing and Scaling Your Fintech Compliance Team
Discover 6 tips and best practices for building a culture of compliance at your Fintech from experts who have been there and seen what it takes to be successful in this round-up.
Third-Party Integrations: How They Play Into Crypto Risk & Compliance Data Infrastructure
Discover the importance of data infrastructure in cryptocurrency compliance and how third-party integrations can be crucial in shaping risk decisions within infrastructure platforms.
The Complete Guide to Transaction Monitoring: Everything to Know
There is a lot of information to digest when it comes to transaction monitoring for AML compliance and beyond. In this guide, we'll take a deep dive into everything you need to know.
Suspicious Activity Reporting: 6 Best Practices to Follow
Suspicious activity reporting is critical for combatting money laundering and other financial crimes. Here's a rundown on best practices for identifying suspicious activity and submitting SARs.
The State of Fraud and AML: How to Build a Successful Program
Get a sneak peek of the findings from our recent report on the state of fraud and AML, with data coming directly from 200+ risk and compliance professionals.
Romance Fraud: Love, Lies, and Billions Lost
If love is blind, could that explain why romance cons are reaching new heights? In this post, we'll take a look at some startling statistics on romance fraud and what financial organizations can do.
Top 7 Regtech Use Cases in the Financial Sector
Discover the top use cases and applications for regtech - regulatory technology - solutions, and why they’re an effective tool to use for your risk and compliance program.
Regtech and Cryptocurrency: Importance, Regulation, and More
We explore the relationship between Regtech software and cryptocurrency. Learn how the blockchain can be leveraged by FIs to improve and automate compliance processes.
Regtech Compliance: How to Manage Regulations + Stay Compliant
Discover how risk and compliance teams in the financial industry can manage their compliance operations while protecting their products from fraud and AML by using Regtech.
Regtech for AML: 6 Regtech Use Cases to Improve AML Compliance
Learn how to use Regtech for AML by exploring why Fintechs should follow regulations, why Regtech and AML pair well, and the different use cases for AML compliance.
How to Reduce False Positives in AML Transaction Monitoring
One of the greatest challenges with AML transaction monitoring is the occurrence of false positives. Here, we'll discuss how to reduce false-positive rates to a manageable level.
4 Reasons Why Customers Switch to Unit21
Many of our customers made the switch from a different vendor to Unit21. In this rundown, we'll cover the main reasons why Risk and Compliance Operations teams decide to adopt Unit21.
5 Online Transfer Fraud Schemes and How to Prevent Them
Online fund transfer fraud is used by criminals to move money in near real-time, knowing the victim cannot block the transfer in time.
Ultimate Guide to Neobanking: What It Is, Benefits, + Top 10 Neobanks
Learn what neobanks are, how they differ from traditional banks, the top benefits of using them, and how to maintain compliance when operating a neobank in this ultimate guide to neobanking.
24 Neobank Statistics to Help with Risk and Compliance
This comprehensive list of neobank statistics will help you understand the industry by covering stats on the current market size, case management, fraud, and more.
Fraud Prevention for Neobanks: 4 Best Practices to Follow
Discover why neobanks need to prioritize fraud prevention by exploring how they're vulnerable to fraud and the best practices risk and compliance teams need to know.
Machine Learning Alerts: How to Increase Operational Efficiency with Predictive Scoring
An overwhelming majority of today’s Risk & Fraud teams suffer from a growing backlog of alerts. Here, we explain how Unit21 uses machine learning to help teams prioritize alerts.
KYC Procedures: 5 Steps to Build an Effective Program
When it comes to your organization's KYC procedures, creating an effective program is critical to reduce complexity and ensure compliance. Here, we'll take a look at the 5 steps needed for success.
Is Your AML Case Management System Working? 6 Ways to Measure Success
How can you tell if your AML case management system is pulling its weight? Here, we explore the traits that make up an effective program and the KPIs used to track and measure success.
The Importance of Enhanced Due Diligence for Politically Exposed Persons
This piece tackles the basics of Enhanced Due Diligence (EDD) for Politically Exposed Persons (PEPs), and offers checklists and examples to help build out your due diligence efforts.
Implementing RegTech Software: Common Barriers and How to Overcome Them
The market for regulatory technology is continuously expanding. How can financial organizations make the right choice? In this post, we'll discuss four best practices FIs can use as a roadmap.
Identity Verification Process: 6 Common KYC Challenges (and How to Solve Them)
Creating and implementing effective customer identity verification processes should be a top priority for organizations in financial services. This piece will tackle six common KYC challenges.
Identity Verification: The Complete Guide for Risk and Compliance
The process of vetting customers to weed out criminals is a vital component of any financial services risk and compliance program. Here, we'll take a deep dive into Identity Verification.
How to Start a Neobank: 8 Steps that Follow Regulatory Compliance
Building a compliant neobank is a complicated process. We’ll walk you through 8 essential steps to make sure your neobank is compliant from prep to post-launch.
How to Source the Right AML Case Management Software
AML case management is essential to ensuring your organization complies with regulatory and legal obligations. Here's a rundown on how to choose the right AML case management software.
How to Set Up Powerful AML Transaction Monitoring Rules (with Examples)
A good compliance program is only as strong as its weakest rule. Creating strong, logical transaction monitoring rules that cover the gamut of fraudulent activities is critical. Here's how.
How to Select the Best Identity Verification Software
The best identity verification software can help financial organizations achieve compliance with regulations and legislation, prevent fraud, and approve more good customers at scale.
How To Reduce the Cost of AML Compliance
In today's cyber-enabled world, it is challenging for FIs to balance the cost of compliance with innovation. Here, we’ll highlight the enhanced cost efficiencies of AML software.
How to Conduct Effective AML Investigations
Having a robust system for identifying and addressing suspicious activity is paramount for remaining compliant. Here, we’ll discuss how to conduct successful AML investigations.
How Neobanks Can Combat Fraud While Achieving Business Growth
The future of neobanks lies not in achieving growth, but in conquering fraud. In this post, we'll take a look at the impacts of fraud on the neobanking industry and offer some advice for prevention.
How AI is Modernizing the Risk-Based Approach to Compliance
How has next-gen Regtech gone from being a nice-to-have to an essential tool for mitigating AML and terrorist financing risks and how has the risk-based approach evolved as a result? Find out here.
The Future of Crypto Regulations: 4 Experts Weigh In
How can crypto companies be prepared for what’s to come concerning regulation and compliance? Here, we’ve engaged four industry experts to provide insights into current regulation trends.
Fraud Detection & Prevention for Financial Organizations: Ultimate Guide
Preventing fraud is a constant battle for financial organizations, but it is very containable with proper measures and controls. This extensive guide covers all the essential topics required.
First-Party Fraud: What it is and How to Prevent It
First-party fraud (FPF) is a growing concern for financial organizations. In this post, we'll cover how to identify this form of fraud and which best practices to follow to prevent it.
Fintech, Regtech & Suptech: The Main Differences + How to Use Them
Discover how these three innovative technologies are disrupting traditional financial services. We cover their similarities, differences, and top use cases.
Fintech Compliance: 20+ Regulations Your Company Should Know
Learn what is involved with Fintech compliance, including the regulatory bodies to know, the regulations you have to follow, and steps to ensure you stay compliant.
Financial Crime: What It Is and How It Affects Businesses
Financial crime is a growing concern. In this post, we'll discuss what organizations in the financial space must do in order to avoid becoming a victim of financial crime.
Dynamic Model Behavior and You: Unlocking Your Monitoring Potential
What if you and your team could build flexible, customizable models that flag alerts without writing a single line of code? Well, with Unit21’s new Dynamic Model Builder, you can. Get all the details.
Cryptocurrency Fraud: How to Keep Your Crypto Exchange Safe
For any crypto exchange to remain competitive, it must take proactive steps to prevent fraud. Here, we'll explore different forms of crypto fraud and how exchanges can help customers avoid scams.
Risk & Compliance Tech Stack for Fintech: Main Components + How To Choose
Learn how you can add risk and compliance operations to your FinTech stack to ensure you stay abreast of AML regulations and mitigate the risk of fraud.
When is the Best Time to Adopt a Risk and Compliance Platform?
Regulated businesses understand the necessity of adopting Regtech, but at what point in the company's lifecycle should this be considered? We'll discuss these questions here.
Collaborative Risk Culture: How Risk and Product Teams Should Work Together
We explore the top benefits of building a collaborative risk culture that encourages cooperation between risk and product teams. Learn what risk professionals can offer to the product team here.
Build vs Buy Financial Compliance Software: A Decision Framework
When it comes to Regtech, should you build it or should you buy it? Here, we'll explore the pros and cons of buying vs. building fraud and AML software and provide a decision framework.
How to Choose the Best Transaction Monitoring Software for Your Needs
Effective transaction monitoring software can protect the organization from being targeted by criminals and help maintain compliance. Here's how to choose the best technology for your business.
How to Detect and Prevent Fraud in Fintech: Top Methods + Solutions
Learn how to prevent and detect fraud in your Fintech by exploring the importance of anti-fraud in Fintech, top prevention methods, and the best solutions.
AML Technology: 3 Systems You Need to Stay Compliant
Money laundering is a global problem. Here, we’ll discuss the state of global money laundering, the challenges posed by current AML compliance systems, and three AML technology systems required.
AML Risk Assessments: How to Implement a Strategy for Your Organization
AML risk assessments are a critical component in anti-money laundering efforts. Discover how to use comprehensive risk analysis processes to bolster your overarching AML program strategy here.
AML Models: Best Practices for Development and Validation
An AML model is a process that helps businesses ensure that current practices align with existing compliance regulations. Discover how to develop an effective system for identifying bad actors here.
What to Know About AML Fines and Penalties for 2022
The anti-money laundering regulatory environment is rapidly changing. Here's a look at the notable AML fines for 2022 so far, upcoming regulation priorities, and best practices to avoid penalties.
AML Case Management Guide for Risk and Compliance Teams
When it comes to AML compliance programs, the case management process is key to ensuring the system is both efficient and effective. In this guide, discover everything you need to know.
Alert Scoring: Prioritize the Alerts That Matter with Unit21
Reviewing alerts just to realize it’s not valuable is a pain for investigators. That’s why Unit21 created Alert Scores - to help reduce false positives and separate the signal from the noise.
Alert Backlog Handling for Compliance Operations Teams: 4 Steps to Success
A significant alert backlog can hinder an organization from meeting its regulatory requirements. In this post, we'll discuss four steps that financial organizations can take to reduce their backlog.
ACH Fraud Prevention: How to Keep Your Organization Safe
ACH fraud is on the rise. Therefore, financial organizations must have the proper tools and processes in place. Here, we’ll cover how ACH fraud works and what controls are needed to stay safe.
A Case for FRAML: Why Today’s Fraud and AML Teams Should Join Forces
Investing in compliance transformation and integrating a FRAML risk framework is essential in today's digital world. In this post, we'll explore why fraud and AML teams should join forces.
3 Stages of Money Laundering: Insights From an Ex-Undercover DEA Agent
Here's a look at the three stages of money laundering through the lens of an ex-DEA agent and how financial organizations can use regulatory technology to identify bad actors and financial crime.
Product Guide: Transaction Monitoring
How can Unit21's Transaction and Data Monitoring platform help your organization catch bad actors and fight financial crime? Download our product guide to learn more.
Product Guide: Unit21 Platform Overview
Unit21 is the unified KYC & AML platform. Get access to everything you need to transform your compliance, risk, and fraud systems. Download the Unit21 platform guide to learn more.
Product Guide: Identity Verification
How can Unit21's Identity Verification solutions help your organization catch bad actors and fight financial crime? Download our product guide to learn more.
Product Guide: Case Management
How can Unit21's AML Case Management system help streamline your KYC/AML compliance investigations? Download our product guide to learn more.
Industry Report: The State of Fraud and AML in 2022
We surveyed 231 risk and compliance professionals to understand the trends, challenges, and priorities in tackling fraud and money laundering this year.
Fighting ACH Fraud: A Primer on Limiting Exposure and Risk
In this eBook, discover why ACH fraud is on the rise and how financial organizations can minimize risk. Download it now.
eBook: How to Implement the 5 Pillars of a BSA/AML Program
In this eBook, discover best practices for implementing the 5 Pillars of a BSA/AML program and get details for how to overcome systematic shortcomings. Download it now.
eBook: Confidence in Risk and Compliance: Modernizing Fraud and AML Management
Put risk and compliance teams in the driver's seat with automated and customizable tools. Download this eBook to learn more.
AML Compliance Checklist
Compliance teams are the critical gatekeepers responsible for identifying and stopping financial crimes like money laundering. This interactive PDF will help your company stay organized.
How PrizePool Prevented $500K in Fraudulent Transfers Using Unit21
How Metal Pay Cuts Investigation Times by 50% with Unit21!
LINE Automates False Positive Resolution by 60% in First 90 Days! Read the case study for details.
How Unit21 Helped Lili Reduce Fraud Loss by 50% and Investigation Time by 75%. Read the case study for details.
Unit21's flexible and automated financial crimes engine helps Intuit ensure compliance with ease. Read the case study to learn more!
How Flutterwave Uses Unit21 to Achieve a 14% False-Positive Rate. Read the complete case study for details.
Envel Reduces Time-to-Rule-Creation from Days to One Hour. Read the case study for details.
How DriveWealth Achieves 66% Faster SAR Filing with Unit21. Read the case study now for details.
How Bakkt Uses Unit21 to Get to a 15% False Positive Rate. Read the case study for details.
Webinar On Demand: How Today’s Crypto Organizations Can Fight Fraud & Stay Compliant
Discover how to fight fraud, operationalize compliance, and build a compliance-first culture at your cryptocurrency organization with input from three industry experts.
Webinar On Demand: How Sponsor Banks Ignite the FinTech Revolution
Why should banks consider sponsor models? How can sponsor banks help FinTechs mitigate challenges? Get answers to these questions and more here.
Webinar On Demand: How Intuit Scales Compliance Operations
Discover how Rob DeCampos, Head of BSA/AML at Intuit, scales compliance operations in this thought-provoking webinar. Watch on-demand now.
Webinar On Demand: Crypto Clarity: A Behind-the-Scenes Look at Crypto and Financial Crime with Coinbase and Binance
Looking for an insider’s view into the regulatory side of crypto? Don’t miss this exciting webinar featuring two powerhouse global intelligence executives as they discuss the evolving landscape.
Webinar On Demand: How Sponsor Banks and FinTechs are Leveraging Innovation to Enhance Transaction Monitoring
Join Treasury Prime and Unit21 to learn strategies for bolstering the partnerships between sponsor banks and fintechs, and deliver a more streamlined and effective risk and compliance solutions.
Webinar On Demand: The Future of Crypto Regulations
Don't miss this unique event where leading industry voices will provide insights into current cryptocurrency regulation trends and what the future may hold for crypto companies looking to scale.
Webinar On Demand: How Fintech Risk & Compliance Leaders Can Take Control of Growing Fraud
In 2020, nearly 3,000 fraud-related complaints were made against two leading Fintechs. Watch this on-demand webinar to discover how leaders can take back control and prevent fraud.
Webinar On Demand: Fraud Office Hours
Fraud Office Hours was a unique series where attendees submitted fraud-related questions to see firsthand how to solve their most pressing fraud detection and prevention challenges live.
Webinar On Demand: Combat Fraud & Money Laundering in 2022: 4 Critical Insights from 230
Over 230 Risk and Compliance professionals shared with us their key challenges, priorities, and goals over the next 12 months. Here's our webinar based on their responses.
Money Mule Schemes: How Will Organizations Collaborate to Prevent Them in the Future?
During our first session of Fraud Office Hours, an attendee asked, "How do you see organizations being able to collaborate in the future to prevent complex money mule schemes?" Watch for the answer.
How to Prevent Wire Fraud
During our second session of Fraud Office Hours, an attendee asked, "What’s an effective way to prevent wire fraud?" Watch this video clip to see how Unit21's Head of Fraud Risk responded.
How to Perform Frictionless Fraud Prevention at Onboarding
During our first session of Fraud Office Hours, an attendee asked, "What’s an effective way to layer in frictionless fraud prevention at onboarding?" Watch this video clip for the answer.
How Do You Mitigate Risk When It Comes To Friendly Fraud?
During our first session of Fraud Office Hours, an attendee asked, "How do you mitigate risk when it comes to friendly fraud?" Watch this video clip to see how Unit21's Head of Fraud Risk responded.
How to Increase the Accuracy of ATO Fraud Detection
During our first session of Fraud Office Hours, an attendee asked, "How can you increase the accuracy of account takeover fraud detection?" Watch this video clip to hear the answer.
How To Detect Anomalies in Payment Transactions
During our first session of Fraud Office Hours, an attendee asked, "How can you detect anomalies in a sequence of payment transactions?" Watch this video clip for the answer.
How Organizations Will Share Customer Risk Assessment Information to Prevent Fraud in the Future
During our first session of Fraud Office Hours, an attendee asked, "Do you see in the near future, organizations having the ability to share risk assessments on their customers to prevent fraud?"
How Do Fraudsters Obtain Information to be Used on Fintech Platforms?
During Fraud Office Hours, an attendee asked, "How do fraudsters obtain synthetic ID or lost card information to be used on Fintech platforms?" Watch this video clip for the answer.
Future Fraud Trends
During our first session of Fraud Office Hours, an attendee asked, "What do you think will be the future fraud trends from the current economic climate?" Watch this video clip for the answer.
What are the Emerging Areas of Fraud?
During our first session of Fraud Office Hours, an attendee asked, "What are some of the emerging areas of fraud and financial crimes that we should be aware of?" Watch this video for the answer.
Best Practices to Deter Card Payment Fraud
During Fraud Office Hours, an attendee asked, "What are the best fraud prevention tools?" Watch this video clip to see how Unit21's Head of Fraud Risk responded.