Security News > 2019 > November > Accenture’s new offering helps financial institutions combat financial crime and comply with regulations

Accenture has introduced a compliance-as-a-service offering to help financial institutions, fintech and technology companies cost-effectively combat financial crime and comply with related regulations. Navigating the regulations that combat financial crime can be very expensive, and financial institutions have incurred hundreds of millions of dollars in penalties for failing to prevent parties from disguising illegally obtained funds as legitimate income. It is estimated that financial services firms globally will spend 4% of total revenues, on average, … More → The post Accenture’s new offering helps financial institutions combat financial crime and comply with regulations appeared first on Help Net Security.

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