Sign up for our webinar today to learn more about the importance of AML/KYC for CRAs. Click here! Anti-Money Laundering (AML) and ​​Know-Your-Customer (KYC) are common terms that many background screening companies are starting to talk about. AML/KYC compliance standards are often employed in the corporate and finance worlds and work to protect a business from doing business with sanctioned or convicted entities - and from the resultant criminal charges, regulatory fines, or reputational damage. All [...]

What we learned at the ATII Summit The Anti-Human Trafficking Intelligence Initiative is combating global human trafficking by promoting corporate social responsibility through increasing awareness, facilitating intelligence integration and technology advancement, and encouraging strategic data collaboration. This year's ATII Summit was filled with plenty of great knowledge centered around how businesses can do more to prevent the global issue that is human trafficking. The speakers at the event ranged from legal and banking professionals, experts from [...]

This week Vital4's Co-Founder and President, Amy Barbieri, provided expert insight on automation and continuous monitoring's impact on staying compliant. "Companies don’t have to accept financial, legal and reputational damage due to a compliance misstep that could be avoided. Modern compliance tools offer solutions to the problems inherent with legacy databases." Read here to learn more about why embracing automation and implementing continuous monitoring tools is essential for teams and executives.  

This year's PBSA mid-year  conference was very informative, filled with lots of great discussions, and a lot of fun! During this conference, there was a lot of buzz about the many companies currently going through the rebranding and restructuring phase after last year's heap of mergers and acquisitions. As the industry enters a new era, many companies want to know how this ripple effect will affect how other companies position themselves. Unlike many conferences, there is [...]

This year’s ACAMS Conference touched on several important topics and sparked great conversations between the attendees and speakers over the 3-day event. One of the key topics covered at this conference was the focus on the current state of international affairs. Along with the sanctions implemented against Russia and Russia-affiliated oligarchs, the freezing of foreign assets, levels of exposure tied to UBO, and the increased pressure to understand risk exposure were all important points that were [...]

PRWeb Announcement ATLANTA (PRWEB) MARCH 09, 2022 Co-Founded in 2016, by Kristin Stafford and Amy Barbieri, Vital4 offers AI-driven data screening, monitoring and due diligence solutions for any industry, anywhere in the world. Its effective and affordable screening solutions includes Anti-Money Laundering (AML), Know Your Customer (KYC), FCPA (Foreign Corrupt Practices Act), FCRA (Fair Credit Reporting Act) and UK Bribery Act compliant global screening. Vital4’s corporate risk and compliance technology solutions deliver accurate and high-quality data [...]

Our Co-Founder and Chief Growth officer Amy Barbieri was featured on Season 3 Episode 14 of the Play the King & Win the Day podcast! Learn more about how Amy helps Vital4 provide the global background screening and financial services industry with high-quality data! Listen Here!

AML/KYC regulators have had quite the year ensuring that banks are correctly complying with standards. As government bodies mandated more heavy compliance regulation, here are a few of this year's top compliance stories and things to look out for in 2022 in the world of finance.    What Happened in 2021? In total, there was $10.4 billion in fines given to the financial companies in the United States. More recently, the Washington Federal Bank (WAFB) based [...]

Monitoring Adverse Media is part of a best-practice risk management strategy. Despite this, the difficulties seen with traditional internet searches resulting in mountains of data and numerous false positives means it has often been overlooked by some of the top companies in the world. Often adverse media leverages traditional and unstructured news sources to discover leads for more targeted AML/KYC searches, adverse media is being used today broadly as an early indicator into unfavorable information or [...]