The Top 10  Most Difficult Countries for Identity Verification

The Top 10  Most Difficult Countries for Identity Verification

Download Report

Shufti’s Ongoing AML Solution to Prevent Transaction Laundering

Shufti-Pros-Ongoing-AML-Solution-to-Prevent-Transaction-Laundering-min

Online financial criminals are always finding newer ways to exploit financial infrastructures in order to conceal illegal sources of their funds. After money laundering, transaction laundering is gaining the spotlight among criminals across the globe. Transaction laundering is a more refined and revolutionised form of traditional money laundering practices. Although, it may have been left unnoticed by the global regulatory authorities, until now. Transaction laundering is closely related to the e-Commerce industry. The on-going development in the e-Commerce sector has paved the way for cyber criminals mainly because it involves a large volume of personal customer data and transaction flow. Compromised customer data due to breaches lay bare the e-commerce platforms to more vulnerabilities. 

Recommended: E-commerce Frauds – Common types and Prevention tips

Launder_GDP-min

What is Transaction laundering?

Transaction Laundering, also known as, Electronic Money Laundering, is one of the methods for disguising illicit sources of money. Illegal traffickers set up an online illegal business website, commonly known as shell websites that seem totally unrelated to the product they are selling in reality, in exchange for a safe payment gateway through banks. Customers can order illicit goods such as drugs from the site. Criminals process card payments for illegal products through another merchant’s legal payment service accounts, which as a result, helps the criminals mask their fund’s origin. The process of using another merchant’s legal payment services is referred to as transaction laundering.

Transaction laundering – Electronic form of money laundering

Transaction laundering is mostly practised to disguise the sources of the illegal drug business and almost all the illegal transactions are carried out through transaction laundering. Here vendors of illegal products develop shell websites, completely irrelevant to the product they are selling, say for example an eCommerce platform for shoes, is processing the payments from illegal goods and Merchant Service Providers (MSPs) aids laundering money by providing a safe passage for processing illegal payments. Therefore, regulatory authorities are targeting and investigating the infrastructure aiding these illegal businesses and stressing upon the need for monitoring credit card transactions to prevent transaction laundering. 

Illegal traffickers involved in the drug business may reckon that financial institutions overlook online activities, thus using online options to their advantage to sell products otherwise prohibited through shell websites. Since transaction laundering is gaining attention from global regulators, the banking sector is monitoring websites with the objective of terminating them in case of illegal activities. But online criminals are finding more sophisticated ways to hide profits earned through illegal sources via online platforms. Additionally, an increasing number of eCommerce platforms are making it difficult to detect fraudulent transactions. 

Transaction Laundering

As crime is becoming more sophisticated, so do the Anti Money Laundering regulations to curb these crimes. Previous old manual AML regulations, that were unable to keep up with the ongoing digitisation are, too, now syncing with the digital world to prevent money launderers from exploiting digital payments. 

There are an estimated 40 million e-commerce websites around the world, which are making manual due diligence and onboarding processes inefficient and nearly impossible. The reason why customer due diligence, AML, and identity verification services are using emerging technologies of Artificial Intelligence and Machine learning to meet regulatory compliance. These technologies are helping global companies, the financial sector, to be precise, in combating the crimes of transaction laundering. AI-based Identity verification solutions to meet KYC and AML compliance are a game-changer. 

Recommended: Anti Money Laundering – What is AML compliance and why is it important?

How does it work?

Transaction laundering gives criminals ease to establish websites that may look legitimate but they are not. Plus, the transactions are carried through legal payment accounts which makes it extremely difficult to detect the sources. The process of transaction laundering is as follows:

  • The online criminals develop illegal websites with the objective of transaction laundering by simply selling illegal products such as drugs
  • Payments are processed through another merchant’s legal payment accounts to guise the illegal sources
  • Merchant processes the payment and contacts the bank for receiving funds
  • Funds are deposited to the criminal account, the money is, therefore, laundered. 

The credit market is huge. Online customers make thousands of credit card payments every day, both in debit and credit. Over 103 billion transactions were made in the year 2015, worth $5.72 trillion in the USA alone. Therefore, investigating suspicious transactions out of these $5 trillion is near to impossible and is like finding a needle in the haystack. The problem intensifies when these illicit transactions appear as legitimate. Without robust AML and KYC solutions, there is no other way for financial institutions to determine criminal activities happening right under their noses. 

Common sources of Transaction Laundering

There are 3 major sources through which transaction laundering is implemented.

  • Front or shell online companies: These companies are not what they show they are. These may appear as something else but are used to sell illegal products under the veil of a legitimate business. 
  • Pass-through companies: These basically involve merchants with legal payment accounts that provide a passage to unlawful third parties to use their legal accounts in order to process illegal payments.

Funnel accounts: These accounts accept payments from criminals in amounts below the threshold to avoid identification, in one geographic area and are then withdrawn in another. The intermediary then uses these funds to purchase goods either through wire transfers or cheques, the illegal goods are shipped to foreign countries for selling. The profits acquired through sales are transferred back to criminal organizations.

illegal_goods-min

Potential risks posed by transaction laundering

Transaction laundering poses risks to financial institutions, and some of these risks are in the form of financial losses as well as reputational damages. By letting laundered money into the payment system can violate anti-money laundering laws and regulations which can result in non-compliance fines for the banking sector, hence, financial losses. Undoubtedly, technologies are making payment processing faster, but at the same time, transaction laundering is becoming increasingly popular. 

According to research, the real identities of 6-10% of online merchants remain hidden from their payment processors. Airbnb has been identified as another route for transaction laundering including Amazon, eBay, etc. Additionally, Illegal online gambling is increasingly becoming dependent on transaction laundering. 

Customers, financial institutions, and society as a whole are negatively affected by the aftermath of money laundering. Financial institutions are especially vulnerable to the threat of financial crimes as key stakeholders in the company may face jail time in case of failing to meet AML compliance. Moreover, once reported, banks may lose customer trust. By ignoring money laundering activities, world economies can fail and countries with weak governments and law enforcement may give criminals easy access to institutions to commit more crime. However, every time a money laundering case becomes known the credibility of the governmental infrastructure is further weakened.

Dirty_money-min

Illegal pharmaceuticals account for only one portion of the counterfeit product market accounting for $450 billion, according to ETA experts. 

Monitoring transaction laundering

Transaction monitoring involves the monitoring of customer’s transaction history, information, and interactions. It includes the complete record of customer activities within financial institutions such as withdrawals, bank deposits, and transfers. Since AML compliance is mandatory for financial institutions, therefore, in order to meet the obligation, banks are using AI-powered solutions to perform on-going background checks for AML. Inherently, using automated AML solutions is one of the most effective approaches as compared to manually going through customer records for risk assessment. Also, manual processes require just the right amount of resources to prevent financial crimes. Additionally, automated AML solutions can prevent organizations from being exposed to greater levels of risk
Recommended: The Anti-Money Laundering Solution Market is Expected to Double by 2025

Shufti’s On-going AML Solution to Prevent Transaction Laundering

Customers with high levels of risk pose great threats to the financial infrastructure. Therefore, they are required to perform a thorough risk assessment during customer onboarding processes and are checked against global sanctions, blacklists, and PEPs. On-going AML is performed to prevent high-risk customers from causing any more damage to the system, then they already have. 

Shufti’s ongoing AML solution gives financial businesses a chance to perform ongoing customer monitoring. On-going AML from Shufti is powered by AI and Machine learning algorithms for conducting in-depth AML monitoring of clients to develop comprehensive risk profiles which consequently prevent the crimes of money laundering and other financial crimes such as corruption and/or terrorist financing. Financial organizations can stay one step ahead of fraudulent customers and can also meet regulatory requirements. Shufti’s ongoing AML is considered one of the best practices by global businesses to screen customers as it not only saves costs and resources but provides accurate authentications. The AML databases are updated on a regular basis to maintain client risk profiles and establish consistency with authentic background data.

Shufti’s ongoing AML solution is helping financial service providers, retailers, credit unions, insurance firms, real estate, you name it, in eliminating false positives to identify high-risk profiles through global AML screening, including:

  • Identity assurance
  • AML onboarding solutions
  • Accurate risk profiling
  • Updated risk status
  • Enhanced compliance screening
  • High-security standards, and
  • Reduced cost of compliance

Want to know more about Shufti’s ongoing AML solution?

Related Posts

Blog

AI-Powered OCR to Combat Challenges During Manual Data Processing

Every industry has to deal with tons of customer data on a daily basis. Receiving information, ex...

AI-Powered OCR to Combat Challenges During Manual Data Processing Explore More

Blog

Metaverse and Meta Criminals – Is it Possible to Secure Identities with IDV?

Ever since Mark Zuckerberg changed Facebook’s name to Meta, the acronym “metaverse” has taken ove...

Metaverse and Meta Criminals – Is it Possible to Secure Identities with IDV? Explore More

Blog

NFT Trading and Money Laundering – How Shufti’s AML Screening Helps Combat Financial Crimes

With revolutionary technologies and growing digitization, the digital version of artworks known a...

NFT Trading and Money Laundering – How Shufti’s AML Screening Helps Combat Financial Crimes Explore More

Blog

Anti-Money Laundering (AML) Solutions – Securing Luxury Goods and Curbing Financial Crimes

Exotic cars, designer clothes, artifacts, and private jets make attractive news headlines and mov...

Anti-Money Laundering (AML) Solutions – Securing Luxury Goods and Curbing Financial Crimes Explore More

Blog

10 Fraud Signals Every Industry Must Monitor

Gone are the days when businesses paid attention to customer verification only. Today, organizati...

10 Fraud Signals Every Industry Must Monitor Explore More

Blog

Banking Scams: Top 5 Predictions and How to Stay Safe in 2023

The most recent fraud statistics will make you uncomfortable. Fraud cases are rising – relentless...

Banking Scams: Top 5 Predictions and How to Stay Safe in 2023 Explore More

Blog

Anti-Smurfing Solutions | Safeguard Your Business Against Money Laundering Risks

Businesses are under constant threat of financial damage. This is primarily because cybercriminal...

Anti-Smurfing Solutions | Safeguard Your Business Against Money Laundering Risks Explore More

Blog

6 Ways Identity Verification Will Unlock Digital Transformation in Airlines

Airlines were particularly negatively impacted by the Covid-19 pandemic, and the situation was fu...

6 Ways Identity Verification Will Unlock Digital Transformation in Airlines Explore More

Blog

E-learning Platforms and IDV Solutions: A Natural And Much Needed Partnership

The advancement of modern technologies and telecommunication modes has made online assistance ava...

E-learning Platforms and IDV Solutions:  A Natural And Much Needed Partnership Explore More

Blog

AML Screening – Identifying Financial Criminals in the Art & Antiquities Sector

There is no doubt in the fact that art and antiquities are one of the sectors responsible for bil...

AML Screening – Identifying Financial Criminals in the Art & Antiquities Sector Explore More

Blog

Verifying Donors and Origins of Charitable Funds with Identity Verification

Like any other financial institution, charity organisations are also equally vulnerable to moneta...

Verifying Donors and Origins of Charitable Funds with Identity Verification Explore More

Blog

The State of KYC/AML Compliance in Commonwealth of Independent States (CIS) Region

Commonwealth of Independent States (CIS) is among the largest regions of the world with numerous ...

The State of KYC/AML Compliance in Commonwealth of Independent States (CIS) Region Explore More

Blog, Online Marketplace

KYC for Banks: Reducing financial risk with a perfect digital solution

The banking sector has to tread a very balanced path between compliance regulations and customer ...

KYC for Banks: Reducing financial risk with a perfect digital solution Explore More

Blog

FINTRAC Amends PCMLTFA – More AML Requirements for Reporting Entities

The rise in money laundering, terror financing and other financial crime has encouraged regulator...

FINTRAC Amends PCMLTFA – More AML Requirements for Reporting Entities Explore More

Blog

The Most Common Cryptocurrency Scams and the Role of e-IDV

Cybercrimes and scams are rampant across the digital space, and cryptocurrency is no different. W...

The Most Common Cryptocurrency Scams and the Role of e-IDV Explore More

Blog

How Shufti Ensures Gaming Regulatory Compliance with AML Screening for Online Gaming Platforms

The online gaming sector has revolutionized altogether along with emerging technologies. With adv...

How Shufti Ensures Gaming Regulatory Compliance with AML Screening for Online Gaming Platforms Explore More

Blog

5 Key Market Trends in Identity Verification

The year 2020 has caused a dramatic shift in the business industry and our way of living.  The si...

5 Key Market Trends in Identity Verification Explore More

Anti Money Laundering, Blog, Financial Crime / AML, Identity & KYC

Know Your Business-Pillar of Strength To AML Regulations

Moving in the world of technology, where every industry is going digital, there has been very les...

Know Your Business-Pillar of Strength  To  AML Regulations Explore More

Blog

DSAR Under GDPR and CCPA – Understanding the Key Differences

Data protection is one of the key concerns of organisations these days. For the same reason, data...

DSAR Under GDPR and CCPA – Understanding the Key Differences Explore More

Blog

5 Key Questions About KYC Compliance to Look Out for in 2021

With the COVID-19 pandemic bringing challenges every day for businesses, the rate of identity fra...

5 Key Questions About KYC Compliance to Look Out for in 2021 Explore More

Blog

KYC Regulations Across the Globe | An Updated Guide 2023

 The global financial industry finds it hard to meet compliance and secure sensitive cus...

KYC Regulations Across the Globe | An Updated Guide 2023 Explore More

Blog

Combatting Identity Theft with KYC Verification – A Risk-Based Approach in Online Shopping

The proliferation of online stores has radically transformed how people shop and greatly affected...

Combatting Identity Theft with KYC Verification – A Risk-Based Approach in Online Shopping Explore More

Blog

Shell Companies and Money Laundering: How to Combat Them?

Shell companies are notorious for all the right reasons. These entities often called ghost compan...

Shell Companies and Money Laundering: How to Combat Them? Explore More

Blog

AML Screening – Securing Alternative Payment Market and Overcoming Prevailing Risk of Crimes

Escalating demand for innovative, new, and robust alternative payment options across the world is...

AML Screening – Securing Alternative Payment Market and Overcoming Prevailing Risk of Crimes Explore More

Blog, Identity & KYC

Fathoming Financial Inclusion, Innovative KYC Solutions, and Integrity

Identity – ensures active participation of an individual in social, political and economic ...

Fathoming Financial Inclusion, Innovative KYC Solutions, and Integrity Explore More

Blog

Shufti’s Journey Builder: Designing Identity Verification Made Simple 

As financial regulations around the world become more complex and ever changing, businesses like ...

Shufti’s Journey Builder: Designing Identity Verification Made Simple  Explore More

Anti Money Laundering, Blog, Reg Tech

RegTech facilitates effortless AML Compliance

  The latest report by Research and Markets states that RegTech industry is expected to grow...

RegTech facilitates effortless AML Compliance Explore More

Blog

Curbing Financial Crimes and Securing Art Market With Shufti’s AML Screening Services

The global art industry is embracing digitization. However, the technological advancements and a ...

Curbing Financial Crimes and Securing Art Market With Shufti’s AML Screening Services Explore More

Blog, Financial Crime / AML

Impact of Regulatory Scrutiny & AML Compliance in Real Estate

Anti Money Laundering (AML): Criminals around the globe are targeting real estate to launder the ...

Impact of Regulatory Scrutiny & AML Compliance in Real Estate Explore More

Blog

KYC/AML Compliance for Startups in the Financial Sector – How Shufti Can Help

As technology continues to transform the financial industry, the need for identity verification h...

KYC/AML Compliance for Startups in the Financial Sector – How Shufti Can Help Explore More

Blog

The Crucial Role of Face Liveness Check in Fintech

Fintech firms lose approximately $51 million to scams annually. However, the cost of fintech frau...

The Crucial Role of Face Liveness Check in Fintech Explore More

Blog

E-Signature | Digitise and Verify Agreements in Compliance

The use of electronic signature, or e-signature, has transformed business dealings. The days of s...

E-Signature | Digitise and Verify Agreements in Compliance Explore More

Blog

Online Dating Scams – ID Verification Solution to the Rescue

COVID-19 exposures and its associated risks with today’s in-person meetups and traditional ...

Online Dating Scams – ID Verification Solution to the Rescue Explore More

Blog

A Guide to Anti-Money Laundering (AML) Regulations in the UAE

As the Middle East’s financial hub, the UAE offers several enticing free trade zones that a...

A Guide to Anti-Money Laundering (AML) Regulations in the UAE Explore More

Blog

Know Your Patient (KYP) | 4 KYP Compliance Trends for 2024

Nothing is more constant than change, and this is never more evident than in the Know Your Patien...

Know Your Patient (KYP) | 4 KYP Compliance Trends for 2024 Explore More

Blog

How Effective is Transaction Monitoring in Fighting Financial Crime?

As per the United Nation’s calculations, nearly $2 trillion is laundered annually worldwide, adve...

How Effective is Transaction Monitoring in Fighting Financial Crime? Explore More

Blog, Online Marketplace

How Mobile KYC will revolutionize the Digital World?

Mobile KYC is the next frontier in Identity Verification services allowing greater access to busi...

How Mobile KYC will revolutionize the Digital World? Explore More

Blog

How Deepfakes Deceptions are Affecting Businesses

The word deep fake comes from the terms “deep learning” and “fake,” and is a type of artificial i...

How Deepfakes Deceptions are Affecting Businesses Explore More

Blog

Identity verification in social media – Lighting up the dark side

Social media is a word every one of us can relate to. With every passing day, it is penetrating i...

Identity verification in social media – Lighting up the dark side Explore More

Blog

Business Verification: A new line of Defense against Fraudsters

With the ever-increasing complexities of anti-money laundering (AML) and counter-terrorism financ...

Business Verification: A new line of Defense against Fraudsters Explore More

Blog

Ensuring KYC/AML Compliance In Cryptocurrency Firms – The Role of Shufti

With emerging technologies in the financial industry, cryptocurrency is picking up the pace, and ...

Ensuring KYC/AML Compliance In Cryptocurrency Firms – The Role of Shufti Explore More

Blog

Global Trade and Prevalent Crimes – How Shufti’s AML Solution Can Help

International trade is exchanging services, capital, and goods across borders or territories, gen...

Global Trade and Prevalent Crimes – How Shufti’s AML Solution Can Help Explore More

Blog, Online Marketplace

e-KYC Services for Libraries

Have you ever had those series of events that leave you shaking your head? That makes you believe...

e-KYC Services for Libraries Explore More

Blog

40 Surprising Facts and Statistics About Money Laundering [2021 Update]

Combatting money laundering is one of the top-tier challenges when it comes to the regulatory reg...

40 Surprising Facts and Statistics About Money Laundering [2021 Update] Explore More

Blog

An Insight into Money Laundering Through the UAE’s Gold Industry

Since the beginning of time, gold has been considered a medium for payment and trading with its e...

An Insight into Money Laundering Through the UAE’s Gold Industry Explore More

Blog

5 Key Regulatory Updates for the Banking Sector in 2021

The pandemic disrupted operations in the banking sector and the criminal activities significantly...

5 Key Regulatory Updates for the Banking Sector in 2021 Explore More

Blog

Anti-Money Laundering Solutions | Helping Businesses Fight Against Financial Crimes

In today’s digital world, increased financial crimes adversely impact global industries, mainly t...

Anti-Money Laundering Solutions | Helping Businesses Fight Against Financial Crimes Explore More

Biometric Technology, Blog

Biometric identification Analysis and Facial Recognition Technology

Identity verification services might have been the most innovative and effective way to cut down ...

Biometric identification Analysis and Facial Recognition Technology Explore More

Blog

Money Laundering in the Real Estate Sector – How Shufti’s AML Services Help

Purchasing luxurious mansions is always an attractive way for money launderers to legitimize thei...

Money Laundering in the Real Estate Sector – How Shufti’s AML Services Help Explore More

Blog, Financial Crime / AML

AUSTRAC tightens regulations for enhanced AML Compliance

Australian regulator AUSTRAC has imposed a multi million dollar fine on Commonwealth Bank of Aust...

AUSTRAC tightens regulations for enhanced AML Compliance Explore More

Blog, Financial Crime / AML, Identity & KYC, Reg Tech

Significance of AML Compliance in Money Services Business

The financial sector landscape is evolving with the advent of the FinTech industry. Many revoluti...

Significance of AML Compliance in Money Services Business Explore More

Blog

KYC Checklist: A Comprehensive Guide for Businesses and Financial Institutions

In the ever-evolving landscape of finance, having a solid defence against financial crime is cruc...

KYC Checklist: A Comprehensive Guide for Businesses and Financial Institutions Explore More

Blog

Forensic Document Verification Solutions – A Key Step in Eliminating Identity Fraud

With emerging technologies, the demand for online services and products is skyrocketing, raising ...

Forensic Document Verification Solutions – A Key Step in Eliminating Identity Fraud Explore More

Blog

e-IDV | Enhancing Fintech Onboarding, Operations & Compliance

Fintech is unprecedentedly growing and changing as it responds to the always-changing tech landsc...

e-IDV | Enhancing Fintech Onboarding, Operations & Compliance Explore More

Blog

10 High-Risk Jurisdictions for Money Laundering According to FATF

Innovations like stablecoins and non-fungible tokens (NFTs) created quite the hype in the past ye...

10 High-Risk Jurisdictions for Money Laundering According to FATF Explore More

Blog

Combating Money Muling Activities With Shufti’s AML Screening Services

The coronavirus pandemic has brought about unusual changes in industries and lifestyles across th...

Combating Money Muling Activities With Shufti’s AML Screening Services Explore More

Blog

KYC alternatives disrupting traditional KYC methods

Technology is building bridges between businesses and consumers across the barriers of distance a...

KYC alternatives disrupting traditional KYC methods Explore More

Blog

Anti-Money Laundering (AML) Solution- Eradicating Money laundering and Securing Ride-Hailing Services

Due to the coronavirus global pandemic, the ride-hailing sector continue to grapple. As per new e...

Anti-Money Laundering (AML) Solution- Eradicating Money laundering and Securing Ride-Hailing Services Explore More

Blog

What Makes the Automotive Industry a Vehicle for Money Launderers

The automobile industry is the world’s biggest revenue-generating sector. In the global aut...

What Makes the Automotive Industry a Vehicle for Money Launderers Explore More

Blog

Prevailing Identity Fraud in Telecom Sector – How Shufti Can Reduce the Risks

The telecommunication industry holds significance for the information sector as it is primary inf...

Prevailing Identity Fraud in Telecom Sector – How Shufti Can Reduce the Risks Explore More

Blog

Securing Telehealth Services and Fighting Identity Fraud with Shufti’s ID Verification Solution

The telehealth industry has been completely revolutionized by services ranging from medical essen...

Securing Telehealth Services and Fighting Identity Fraud with Shufti’s ID Verification Solution Explore More

Blog

Addressing the Challenge of Money Laundering Risks for Payment Service Providers (PSPs)

During the last few decades, the financial industry has altogether revolutionized, and digital tr...

Addressing the Challenge of Money Laundering Risks for Payment Service Providers (PSPs) Explore More

Blog

Anti-Money Laundering (AML) Solutions – Ensuring Responsible Gambling and Data Protection

Like other industries, the gambling industry is also becoming a prime target of criminals. Howeve...

Anti-Money Laundering (AML) Solutions – Ensuring Responsible Gambling and Data Protection Explore More

Blog

Top 5 Non-banking Industries in the Crosshairs of Financial Criminals

The first half of 2021 saw significant disruption in the financial world as traditional criminal ...

Top 5 Non-banking Industries in the Crosshairs of Financial Criminals Explore More

Blog

Intelligent Security Systems & Digital ID Verification

Most technology solutions present a compromise between convenience and security to their users. I...

Intelligent Security Systems & Digital ID Verification Explore More

Blog

Business Verification: A new line of Defense against Fraudsters

With the ever-increasing complexities of anti-money laundering (AML) and counter-terrorism financ...

Business Verification: A new line of Defense against Fraudsters Explore More

Blog

Know Your Donor (KYD) – Eradicating Financial Crimes in NPOs and Charity Organizations

In 2020, US citizens alone donated more than $471 billion to charities. This generosity ultimatel...

Know Your Donor (KYD) – Eradicating Financial Crimes in NPOs and Charity Organizations Explore More

Blog

A Go-To Guide to Proof of Address Verification in 2024

Customer identity verification is significant in today’s digital world – from buying produc...

A Go-To Guide to Proof of Address Verification in 2024 Explore More

Blog

How E-Commerce sites can prevent scams over Black Friday and Cyber Monday

For online businesses, customer authentication for internet payments is very crucial. An ever-inc...

How E-Commerce sites can prevent scams over Black Friday and Cyber Monday Explore More

Blog

Brazil’s Updated Regulatory AML Guidelines for 2023

Money laundering, corruption, and drug trafficking are prevalent issues in Brazil, the world’s se...

Brazil’s Updated Regulatory AML Guidelines for 2023 Explore More

Blog

7 Ways to Protect Business and Remote Staff from Cybercriminals

Businesses are facing ‘new normal’ as the workplace has shifted from offices to homes amid corona...

7 Ways to Protect  Business and Remote Staff from Cybercriminals Explore More

Blog

Rise of Money Laundering in UAE – How Financial Institutions Can Comply with New Regulations

The UAE certainly earned its spot in the top 10 global financial centers with unprecedented growt...

Rise of Money Laundering in UAE – How Financial Institutions Can Comply with New Regulations Explore More

Take the next steps to better security.

Contact us

Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

Contact us

Request demo

Get free access to our platform and try our products today.

Get started