Posts Tagged ‘compliance’

The need for trade finance digitization has never been clearer. In today’s pandemic-ravaged landscape, banks face multiple challenges, including the legislative shift to digital trade documents and growing regulatory scrutiny, changing customer behaviour and increasing competition in the form of trade finance investment funds.

Money laundering has become more visible in global trade over the past few years, and several organizations are trying to identify and prevent it.

In a year that shook the foundation of trade, these innovators rose to the challenge and helped the industry to digitalise

TFG heard from Finastra and Cognizant discussing trade and supply chain trends in Asia for 2020. Accounting for half of global GDP, what are the biggest challenges that lie ahead?

Money fuels serious crime, including drugs trafficking, human slavery and terrorism. Managing financial crime risk while keeping up with the speed at which trade finance and payments technologies are emerging presents a huge challenge for banks around the world. TFG heard from Standard Chartered’s Global Co-Head, Financial Crime Compliance, David Howes.

Like it or not, everything is run by numbers. From how we do business to building infrastructure, quantifying every relevant figure allows us to accomplish goals. This dependence on numbers… read more →

financial crime risk, just like any other risk, can be better understood using data and modelling techniques, instead of common wisdom. TFG heard from Sihem Mouelhi at Elucidate to find out more.