Financial Crimes Compliance
Asurity Advisors takes a risk-based approach to help organizations design, assess, and strengthen financial crimes compliance programs, ensuring they are fit for purpose, scalable for growth, and meet all regulatory requirements and expectations. Asurity works with financial institutions and fintechs to address financial crime risk across all BSA/AML components.
Financial crime risk continues to evolve through new technologies, faster payment systems, emerging fraud typologies, and increasingly sophisticated bad actors. At the same time, regulatory expectations for BSA, AML, OFAC sanctions, and fraud compliance remain high, even as supervisory approaches shift. The lines between fraud and BSA/AML are also blurring, as the same schemes often involve both predicate fraud and subsequent money laundering, requiring institutions to take a more integrated approach to detection and prevention.
- Incorporation of Artificial Intelligence and Emerging Technologies
- BSA/AML Program Assessments and Optimization
- CIP and CDD Program Review and Enhancement
- Fraud and BSA/AML Integration and ConvergencSanctions and OFAC Compliance
Delivering Value: Our approach emphasizes a risk-based approach, clarity, and collaboration.
- Applying deep regulatory expertise across banking and fintech models
- Leveraging risk-based and regulator informed methodologies
- Providing practical recommendations grounded in operational reality
- Integrating fraud detection with AML monitoring for comprehensive financial crime coverage
- Partnering cross-functionally with fraud departments, operations teams, product development, and technology teams