Tomorrow Today: Blogs & Thought Leadership Articles
At Energica we recognize that Banks | Financial Institutions face complex, countless challenges and issues in eKYC, Transaction Monitoring and AML arena. We’re committed to helping our clients find new ideas to solve their most difficult challenges and create lasting value.
The content in this section aims to address many of the complexities that the client organizations (Banks | FIs) encounter, offering useful research and insights, perspectives with particular focus on ‘Tomorrow Today’.
Our knowledge base of articles, Whitepapers, Research Report, Case Studies and Publications offers thought leadership and analysis across a spectrum of issues and challenges faced by businesses worldwide in AML.
Know Your Customer (KYC)
The objective of KYC is to prevent financial institutions from being used by criminals and terrorists for money laundering and terrorist financing. It also enables the FI to get a better understanding of the transactional profile which would go a long way in managing the risk prudently.
AML Systems & Solutions
Money laundering is a serious threat to any country’s financial system. It involves converting money gained from illegal sources such as drug trafficking, terrorism, organized crime, murder or fraud into legal money.
Transaction monitoring is a vital component of the anti-money laundering (AML) procedures. All financial institutions both on sell-side and buy-side have some form of transaction monitoring in place to keep an eye out
The world has formally declared war on COVID-19, and this is probably one of the most challenging times of our generation. During the times of uncertainty or any economic shutdown, there would generally be a spike in the crime rate, especially financial crime.
Complying with international sanctions is mandatory for all financial institutions (FIs) as they are the primary medium of money laundering and terrorist financing.
False positives can’t be eradicated, but can be reduced to a certain extent by using advanced technological tools. A system is considered to be efficient if it can limit the occurrences of false positives without compromising on the false negatives
Service Innovation: Next Generation Services & Products