The FRIDA Fraud Alert Lifecycle, Step by Step
What Is the FRIDA Fraud Alert Lifecycle? Fraud information shared between institutions today is often a one-off message that is never updated. Under the draft FRIDA Rulebook, a…
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Transaction Monitoring
Explore articles and insights on Transaction Monitoring, including coverage of “The Biggest Gap in AML Isn’t Detection. It’s Context”. Discover related perspectives on investigation workflows, risk intelligence and operational effectiveness.
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FRIDA Fraud Alert Data: What Must Be Shared, What’s Optional
What Data Does a FRIDA Fraud Alert Contain? Shared fraud data can sound like full transaction histories and customer profiles moving between institutions. The FRIDA data model is…
What Is FRIDA? The EPC Scheme for Sharing Fraud Data
What Is FRIDA? A fraudster opens an account at one payment service provider (PSP). A victim at a second PSP sends money to it. The funds then leave…
CDD and Linked Transactions. Where AMLA’s New Standards Get Operational
TL;DR: The CDD draft is detailed at field level, so start with the customer record, not the policy document. The remediation clock for existing customers counts from entry…
Most AML Investigations Begin With a Transaction. The Best Ones Begin With the Customer.
What is customer-first AML investigation? Customer-first AML investigation is a workflow where the system assembles a customer’s full history, prior cases, entity connections and typology context before the…
There Are Two Types of AI in AML. Most Vendors Are Only Selling You One.
What is investigation AI in AML? Investigation AI is AI applied at the point an analyst opens an alert, not upstream of it. It aggregates customer intelligence, surfaces…
The Biggest Gap in AML Isn’t Detection. It’s Context.
What is AML alert context? AML alert context is the customer and case information relevant to an alert that already exists somewhere in the institution but does not…
