Insights, Data, and Opinions

What Is Transaction Screening? Key Benefits and Importance

Discover how transaction screening boosts AML compliance by catching suspicious activity in real time and protecting financial institutions from risk.

What is Trade-Based Money Laundering: Risks and Red Flags

Learn what Trade-Based Money Laundering is, its scope, risks in trade finance, red flags, AML challenges, and real-world examples of TBML schemes.

What is a Risk-Based Approach to AML and KYC Risk Management?

Learn about the risk-based approach in AML and KYC, including its role in risk assessment, money laundering prevention, and effective risk management.

Check Fraud: Common Types, Examples, and Prevention Tips

Learn how check fraud works, key scam types, red flags, and prevention tips to protect banks and customers from evolving financial crime threats.

High-Risk Business Industries: Sanctions & Compliance Risks

Learn about high-risk businesses, industries, and factors that increase financial crime risk. Discover how banks and financial institutions manage these risks.

Denied Persons List (DPL): Screening, Compliance, and Risk Management

Learn about the Denied Persons List (DPL), its purpose, screening methods, and how it impacts AML compliance, fraud prevention, and risk management strategies.

High-Risk Transactions: How to Identify, Manage & Mitigate Risks

Learn about high-risk transactions, their impact on financial institutions, and how to manage them effectively to ensure compliance and security. Read more!

What is Biometric Authentication? Types, Benefits & Use Cases

Explore biometric authentication: its use cases, strengths, weaknesses, and role in securing financial transactions and preventing fraud in the banking sector.

What is Fraud Score & How Does it Work? The Ultimate Guide

Learn how fraud scores work, their calculations, advantages, disadvantages, and how to get started with fraud scoring to protect your business from fraud.

IBAN Verification: What Is It and How Does It Work?

Learn about IBAN checkers, verification, validators, and lookup tools. Ensure secure international transactions by validating and decoding IBANs accurately.

What is Data Enrichment? Benefits, Examples, and Best Practices

Explore how data enrichment drives business success. Learn its benefits, use cases, and how FOCAL leverages enriched data with innovative solutions.

What is AML Screening? Process, Types & Best Practices Explained

What is AML Screening? Learn how it detects money laundering, types of screening, its process, challenges, and best practices for compliance.

Income and Asset Verification: Best Practices and Key Documents

Learn about income and asset verification, key documents, types of assets on mortgage applications, best practices, and the role of technology in verification.

What is a Customer Identification Program (CIP)?

Learn about the Customer Identification Program (CIP), its requirements in banking, and how it helps prevent fraud and ensure compliance with regulations.

What Is Mortgage Fraud: Types, Red Flags, and Detection Tips

Learn what is mortgage fraud, and explore its types, red flags, detection techniques, and examples to help protect yourself from financial loss.

What is Behavioral Analytics? Everything You Need to Know

Explore how behavioral analytics works in financial institutions, learn about its importance, and discover the tools & examples that drive effective strategies.

What is KYC Remediation? 4 Steps and Key Tips For AML Compliance

Explore the 4 steps of KYC remediation, its importance, and how to create a successful process. See how FOCAL simplifies & streamlines KYC and AML remediation.

Fraud as a Service (FaaS): What Is It and How Does It Work?

Explore the growing threat of Fraud as a Service (FaaS), how it works, popular fraud methods, and steps financial institutions can take to prevent it.

What Is An Audit Trail: Benefits, Types, and Solution

Learn about the benefits of audit trails. Explore common types, system vs. manual documentation, & how the FOCAL platform simplifies audit trails for AML teams.

What is Know Your Transaction (KYT), and Why Does it Matter?

Explore how Know Your Transaction enhances anti-money laundering efforts and improves transaction monitoring and risk management in financial institutions.

Loyalty Fraud: What It Is, How It Happens, and Effective Ways to Detect It in 2025

Learn about loyalty fraud, why it's on the rise, its impact, and discover effective detection and prevention strategies to protect your financial institution.

What is Address Verification Service (AVS): An Essential Guide for Financial Institutions

Learn how Address Verification Service (AVS) helps prevent fraud by verifying cardholder addresses during credit card transactions. Discover how AVS works.

Digital Banking Fraud: Types, Detection Methods, and Solutions in 2025

Learn the types of digital banking fraud, including online and mobile banking fraud. Discover essential detection methods and solutions for secure transactions.

Funds Transfer Fraud: How It Works & How to Prevent It in 2025

Explore funds transfer fraud risks and find proven methods to detect and prevent it. Equip your business with effective tools to secure financial transactions.

What is an Ultimate Beneficial Owner (UBO)?

Explore the importance of identifying the Ultimate Beneficial Owner (UBO), understand UBO legislation, and discover best practices for compliance.

Fair Lending Risk Assessment: Process and Key Steps in 2025

Learn more about fair lending risk assessment, its process, 10 primary evaluation questions, and what actions you should take if risks are identified.

What is Proof of Income? Key Examples and Best Practices

Explore proof of income, its role in AML regulations, fraud prevention, why financial institutions require it, and best practices for effective solutions.

Wire Transfer Fraud: Definition and Detection Strategies

Learn the ins and outs of wire transfers, from how they work to fraud detection. Get key strategies for preventing and responding to wire transfer fraud.

What is Bank Account Verification? Process & Solution in 2025

Learn about Bank Account Verification: its significance, operational mechanics, fraud prevention benefits, and the transformative impact of AI solutions.

What is Digital Onboarding? Types, Benefits & Solution in 2025

A guide to Digital Onboarding in 2025. Explore seamless processes and effective solutions, and understand how they work to achieve hassle-free integration.

What is a Neobank? How Do They Different From Traditional Online Banks?

Learn how neobanks work, popular examples, and their pros and cons. Discover how they differ from traditional online banks and how they generate revenue.

Triangulation Fraud: What It is and How to Prevent It in 2025

Learn more about Triangulation Fraud, including its workings, characteristics, warning signs, and how to detect and prevent it using artificial intelligence.

What is Identity Proofing, and Why Is It Important?

Learn about identity proofing, including its significance, functioning, use cases in the financial sector, and distinctions from identity authentication.

What is Document Verification & How Does it Work?

Learn about document verification, including its importance, types, online processes, use cases, and differences between physical and digital methods.

What is Customer Risk Assessment? Steps & Solution in 2025

Learn about customer risk assessment: core factors and risk rating levels. Explore 9 steps for a comprehensive assessment and optimize practices with FOCAL.

What is a Money Services Business? And How are They Regulated?

Learn about Money Services Businesses (MSBs), including their pros and cons, types, examples, AML compliance, and regulatory differences across countries.

CDD Final Rule: Your Guide to Enhanced Customer Due Diligence

Explore how the CDD Final Rule enhances customer identification, verifies beneficial ownership, and strengthens efforts against financial crimes.

What is Adverse Media Screening? How Does It Work?

Explore the significance of adverse media and its screening process. Discover various types, methods, and challenges for efficient risk management.

What is Transaction Categorization, and How Does it Work?

Discover what Transaction Categorization is and explore automated efficient methods to enhance your business efficiency and streamline your financial processes.

What is Know Your Customer Risk Rating? How Does It Work?

Learn about Customer Risk Rating: factors, and compliance significance. Explore the risk rating process and how the FOCAL platform helps rate customer risk.

What is Reverification, Why Does it Matter, and How it Helps?

Explore what reverification is, its various types, when it's necessary, its benefits, challenges, and how it can positively impact your business operations.

What is Browser Fingerprinting & How Does It Work?

Learn about browser fingerprinting, its techniques, and its role in online fraud detection. Explore the differences between fingerprinting and cookies.

What is Open Banking? And How Does It Work?

Explore what is open banking: learn how it works, its benefits, challenges, regulation, safety, and its users with examples.

High-Risk Customers: Who Are They and How to Identify Them?

Learn about high-risk customers: Explore AML compliance, types, and strategies to recognize and manage risks, including the top 3 custom rules with FOCAL.

What is Device Fingerprinting? How Does It Fight Fraud?

Learn how device fingerprinting works and its role in fraud prevention. Explore how companies utilize this technology to protect against cyber threats.

What is Hawala? Definition, Legality, Transaction Process, and Challenges

What is Hawala? Explore its definition, legality, transaction processes, the connection between Hawala and money laundering, and its compliance challenges.

DNFBP Explained: Designated Non-Financial Businesses and Professions

Learn about DNFBPs: Designated Non-Financial Businesses and Professions. Explore the list, challenges, and FATF key obligations for effective compliance.

What is Placement in Money Laundering? And How Does It Work?

Explore placement in money laundering, the first stage. Uncover common methods, examples, challenges, and effective detection and prevention strategies.

What is Integration in Money Laundering? Definition, Methods, & Prevention

Explore integration in money laundering. Explore common integration methods and detection techniques, and discover how FOCAL aids in combating financial crimes.

Everything You Need To Know About Suspicious Activity Report (SAR)

Learn about Suspicious Activity Report (SAR). Explore when to file, identify patterns, understand banks' roles, and explore intersections with cybersecurity

What is Anti-Money Laundering (AML) Risk Assessment?

Learn about AML risk assessment's importance, key indicators, and challenges. Discover how technology elevates risk management in the financial landscape.

What is Return Fraud? Types, Impact, Prevention Tactics

Explore Return Fraud: Uncover its types, impact, and prevention strategies. Understand the financial impact and fortify your defenses.

What is Sanctions Screening? Types, Process, Challenges, & Best Practices

Learn about Sanctions Screening: explore its types, crucial role in PEP lists and high-risk countries, industry compliance, and technological strides.

PEP Screening: Regulations, Best Practices, and Regional Insights

Explore PEP screening types, regulatory requirements, and risk management. Gain insights into PEP screening in USA, UK, KSA, and UAE for effective compliance.

New Account Fraud: Trends, Red Flags, Prevention Tactics

Explore New Account Fraud in-depth, uncovering trends, red flags, prevention strategies, and most affected industries.

What is First-Party Fraud: Types, Differences, and Impact

Learn about what is first-party fraud: definition, types, distinctions from second & third-party fraud, how it works, & its impact on individuals & businesses.

Preventing Account Takeover Fraud: Vulnerabilities, Techniques, and Detection

Learn about Account Takeover Fraud, explore vulnerable accounts, discover techniques, and uncover prevention strategies to safeguard against cyber threats.

Guard Your Business Against Loan Fraud: Types, Impact, and Prevention

Learn about Loan Fraud: Examples, warning signs, impact, and preventative solutions. Preserve financial integrity and combat deceptive practices in lending.

AML Watchlist Screening: A Crucial Element in Security Protocols

Explore the importance of Anti-money laundering (AML) watchlist screening in security measures, ensuring thorough risk assessment and mitigation.

Your Guide to Authorized Push Payment Fraud: Definition, Types, & Impact

Learn about authorized push payment fraud, including its definition, operation, types, and impacts on individuals and businesses.

Your Guide to Application Fraud Detection and Prevention

Explore the rising threat of application fraud. Learn about its types, detection & prevention methods, risks, costs, and the role of technology.

Your Guide to Chargeback Fraud: Types, Examples & Solution

Learn about Chargeback Fraud and how it differs from legitimate chargebacks. Explore their importance, key differences, examples, and best practices.

Your Guide to KYC Onboarding Process and AML Requirements

Discover the power of the KYC onboarding process. Learn about the top 7 KYC benefits, ways to improve the process, and how it differs from KYB onboarding.

What is Customer Due Diligence (CDD): Importance, Types and Checklist

Explore the realm of Customer Due Diligence. Uncover its meaning, importance, red flags, challenges, types, and distinctions from Know Your Customer (KYC).

What is Enhanced Due Diligence (EDD): A Comprehensive Guide 2025

Learn about Enhanced Due Diligence – why it's crucial, its role in banking, and AML compliance. Dive into a handy checklist for a comprehensive understanding.

Stay Secure in AML High-Risk Countries: Lists & Solution

Discover the top 10 AML high-risk countries and learn about three of the biggest money laundering cases globally. Take precaution with FOCAL AI solutions.

What Is a KYC Document? Why Is It Necessary?

Learn about what is a KYC document, their importance for compliance, the types of documents required, and their role in the KYC process.

What are AML Checks and Why They Are Important?

Learn what is an Anti-Money Laundering (AML) checks, how it helps prevent money laundering & financial crimes, and why it matters for your business compliance.

What is Transaction Monitoring in AML - A Comprehensive Guide

What is Transaction Monitoring in AML? Explore its safeguards, challenges, and best practices in this complete guide for financial systems.

Layering in Money Laundering: What You Need to Know

Understand 'Layering in Money Laundering,' a sophisticated process used to camouflage illicit funds. Learn its operational mechanisms, real-world examples

AML Name Screening: Understanding its Purpose & Techniques

Discover how AML Name Screening supports compliance, combats financial crime, and uses key tools and methods to prevent money laundering.

AML Requirements for Payment Processors Explained in Detail

Explore Vital AML Requirements for Payment Processors: Ensuring Compliance and Security in the World of Anti-Money Laundering Regulations.

AML Compliance for Fintechs: Safeguarding Innovation & Trust

Explore the Purpose of AML Name Screening, How it Works, and Essential Techniques for Effective Risk Assessment in Financial Institutions.

A Guide to Anti-Money Laundering (AML) for Crypto Firms

AML for Cryptocurrency: Dive into Compliance Measures and Security Practices. Explore the Essentials for Navigating the Crypto Landscape.

Understanding Anti-Money Laundering & its Significance

Learn core AML concepts, regulations, and best practices of Anti Money Laundering. Understand how AML prevents illicit financial activities.

AML/CFT Handbook: Guide to Combat Financial Crime

Unlocking the AML CFT Handbook: Its Necessity, Authors, and Contents for Effective Financial Crime Prevention. Check Middle East's top recommendations.