by Radhika Lipton | Aug 30, 2023 | RADD BUZZ
The importance of adhering to compliance regulations cannot be understated. For financial institutions, the spotlight has never shone brighter on ensuring rigorous compliance with the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations. These rules are... 
by Radhika Lipton | Apr 15, 2023 | RADD BUZZ
The success of Fintech companies is primarily predicated on their ability to challenge conventional banking models through technology. Still, they must also remain vigilant in ensuring that their products and operations do not cross the line of KYC/AML protocols. ... 
by Radhika Lipton | Feb 25, 2023 | RADD BUZZ
The new AML whistleblower law signed in December 2022 by President Biden signals a heightened focus on financial crime and the need for financial institutions to tighten the noose around criminals by updating their Bank Secrecy Act / Anti-Money Laundering (BSA/AML)... 
by Radhika Lipton | Nov 10, 2022 | RADD BUZZ
Enhanced Due Diligence (EDD) is a risk-based approach to KYC procedures. It was developed in response to the increasingly complex financial crime environment. Banks have always been required to know their customers before providing them with banking services, but...