Trade-based money laundering is the process of disguising the proceeds of crime and moving value using trade transactions to legitimize their illicit origins
FICO Survey: 83% of Hong Kong Banks Believe AI Will Stop More Money Laundering
compliance A recent survey by global analytics software firm FICO has revealed that while 83 percent of Hong Kong banks believe AI will strengthen anti-money laundering efforts, many remain unsure how to operationalize the advanced technology.
FICO Survey: UK Car Buyers Ready for Digital Financing — But Adoption Is Slow
FICO today announced the findings of its first global survey on automobile financing, which showed that consumers are planning to move to digital lending — but haven’t yet.
Cybersecurity Survey Shows Investment Will Lag Growth in Attacks at UK Companies
Less than half of UK firms will increase their investment in cybersecurity protection to match an expected rise in data breaches, according to a new survey conducted by research and consultancy firm Ovum for Silicon Valley analytics firm FICO.
Lending Stream Builds Leading-Edge Credit Platform with FICO Analytic Software
Analytic software firm FICO announced today that UK short-term lender Lending Stream has built its credit system using the FICO® Decision Management Suite, a platform for developing decision management applications.
Connect with FICO for answers to all your product and solution questions. Interested in becoming a business partner? Contact us to learn more. We look forward to hearing from you.