Resources - Sentinels

Remittance & Payments: The Impact of Different Compliance Needs Across Financial Institutions

Written by Sentinels | Sep 9, 2021 4:15:00 AM

Financial crime is not easy to stop. According to a recent PwC report, 47% of global businesses have experienced fraud, corruption, or other forms of economic crime in the past 24 months. Although legal and regulatory procedures are used to prevent criminals from disguising illegally obtained funds as legitimate income, more work needs to be done.