Customer due diligence starts with onboarding. And now, so does BNDRY. We launched BNDRY's Risk Hub earlier this year to give compliance teams one central place to store customer data, assess risk and track due diligence activity. But we know that risk doesn’t start with monitoring, it

Risk ratings are the backbone of any Anti-Money Laundering / Counter-Terrorism Financing (AML/CTF) compliance program. But managing them? That’s where things can get messy. Some teams are all-in on spreadsheets. Others are embracing automation. Most are somewhere in between. We’ve compiled the three ways compliance teams are managing

Laying the Foundation for Smarter Risk Management There’s one thing that every risk and compliance team needs to do: collect and maintain information from customers. This is required for the purposes of onboarding, ongoing due diligence, investigations, general RFIs and more.  The challenge is that these processes are common,

Ask any compliance team what makes their job harder than it needs to be and you’ll hear the same thing every time: “Our customer data is everywhere.” Sales grabs a bit in the CRM. Onboarding captures more during KYC or KYB. Docs live (and get lost) in email threads

Risk and compliance teams are in a constant tug-of-war with customer data. Onboarding, Enhanced Due Diligence, Ongoing Due Diligence, it’s all just a fancy way of saying “send us your documents, please.” And then there’s the extra fun stuff, like payment investigations and SMRs, SARs and STRs (because