Category: AML

A significant challenge in AML screening is the occurrence of false positives. A false positive in AML screening refers to...

On July 26, 2024, The Reserve Bank of India (RBI) imposed monetary penalties on three payment system operators for non-compliance...

Payment Processors are financial intermediaries that facilitate electronic transactions between buyers and sellers while implementing measures to detect and prevent...

In an era of heightened regulatory scrutiny and risk, ZIGRAM's PreScreening.io stands out as one of the best solutions for...

On July 17, 2024 it was discovered that in a significant security breach, Indian cryptocurrency exchange WazirX has reportedly lost...

Name screening in money laundering plays a critical role in the operations of financial institutions, particularly in combating money laundering,...

On Wednesday, July 3, 2024, the RBI Governor held a meeting in Mumbai with the Managing Directors and CEOs of...

On June 28, 2024, the Financial Action Task Force (FATF) released its “Grey List”. FATF identifies jurisdictions that require enhanced...

On June 28, 2024, the Financial Action Task Force (FATF) announced that India has reached a “high level of technical...

Drug trafficking and money laundering are major global problems that cause significant economic and social harm around the world. These...