Security News > 2019 > September > Organizations focus on fine-tuning systems to ensure compliance while reducing risk

66% of financial institutions face the significant challenge of achieving low false positive rates, putting unnecessary burden on their compliance departments and creating inefficiencies in their financial crime screening processes, according to Accuity and Chartis Research. Which of the following approaches does your organization use in compliance screening? Source: Chartis Research The study, ‘Benchmarking and Trends in Financial Crime Compliance Screening,’ found that financial institutions unanimously agreed that improving accuracy outweighed speed as transaction volumes … More → The post Organizations focus on fine-tuning systems to ensure compliance while reducing risk appeared first on Help Net Security.

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