24 05, 2023

ACAMS Hollywood Conference 2023 Recap


Another one for the books! ACAMS Hollywood 2023 was a success for the Vital4 team as we learned a lot about the latest (and ever-changing) regulatory trends and ongoing financial crime risks we are faced with every day. The conference kicked off with Monday’s opening party with beautiful weather and an equally beautiful location overlooking the ocean. There was plenty of good networking, drinks, music and Pallela for all.   Opening Panel  Tuesday morning the opening panel discussion [...]

ACAMS Hollywood Conference 2023 Recap2023-05-25T12:12:22-04:00
4 04, 2023

Vital4’s Overview of Fintech Meetup’s First in Person Event


Vital4 attended the first in-person Fintech Meetup on March 19th-22nd, held at the Aria in Las Vegas. The three-day conference, known as the world's biggest fintech meetings event, deviates from the traditional format of keynote speakers and fireside chats. It instead facilitates over 30,000 meetings among more than 3,000 industry participants. We were pleasantly surprised by the event overall and will strongly consider attending again next year. The first thing we loved about the Fintech meetup [...]

Vital4’s Overview of Fintech Meetup’s First in Person Event2023-04-05T16:53:01-04:00
8 03, 2023

The State of the Background Screening Industry – Webinar Recap


On February 28, Vital4’s Co-Founder and President hosted a panel discussion with Background Screening veteran, Bruce Berg of Berg Consulting group and Kristin Stafford, Co-Founder and CEO of Vital4.    The panel started off the conversation with a lookback on 2022 and the trends that emerged in the industry, as well as what to expect in 2023. Some of the trends mentioned in 2022 were automated background checks, blockchain, redaction of birthdates, drug screening, and ongoing monitoring. [...]

The State of the Background Screening Industry – Webinar Recap2023-03-08T16:58:14-05:00
3 11, 2022

Money 20/20 Las Vegas Recap


This year’s Money 20/20 conference in Las Vegas was buzzing with energy that exceeded our expectations. There were many hot topics over the course of 4 days, but Embedded Finance was by far the talk of the show.   One major example of the digitation of Fintech is Embedded Finance. Embedded Finance is when non-financial companies offer financial products and services that are typically provided by financial service companies. Some examples of Embedded Finance are payment services [...]

Money 20/20 Las Vegas Recap2022-11-08T15:47:12-05:00
1 11, 2022

2022 ACAMS Las Vegas Recap


Vital4’s team had a wonderful time in Las Vegas at ACAMS 2022! We spent quality time with our partners, had insightful conversations, and met many new friends along the way. As always, we would like to share some highlights from our experience.   During the show, attendees delved into top-of-mind topics such as the continued expansive sanctions following Russia’s invasion in Ukraine and the importance of financial institutions evolving with tech trends and criminal activity.   The [...]

2022 ACAMS Las Vegas Recap2022-11-03T09:59:55-04:00
12 08, 2021

Why People Are Exploring New Options with Compliance and Risk Management relating to global AML regulatory requirements


While legacy providers have been around the longest, many of them have antiquated solutions that are no longer the best in the market. For that reason, people are beginning to explore new options when it comes to managing compliance risk. The industry has had to adapt and evolve particularly over the last year. With regulations changing frequently, and a record increase for money laundering and regulatory fines, which are expected to continue rising, there has never [...]

Why People Are Exploring New Options with Compliance and Risk Management relating to global AML regulatory requirements2021-08-12T11:16:53-04:00
25 06, 2021

AML Act of 2020


Wealthy and influential individuals and companies have used anonymous entities to hide their wealth, as evidenced in the 2016 Panama Papers and 2020 FinCEN Files Investigations. In January 2021, the FY 2021 National Defense Authorization Act became law, including the Anti-Money Laundering Act of 2020 (AMLA 2020). Part of the AMLA 2020 is the Corporate Transparency Act (CTA). The AMLA 2020/CTA amends the Bank Secrecy Act (1970) (among other things) to require that companies (corporations, limited [...]

AML Act of 20202021-08-04T12:51:11-04:00
21 04, 2021

Biometrics Technologies – Recapping 2020 and 2021 Predictions from IDmission


Our friends at IDmission recently published a blog post detailing their industry predictions for 2021 and even featured some insights from our very own Founder & CEO, Kristin Stafford. Keep scrolling to see what they had to share: 2020 was an unpredictable year; and rightly so, we’re all a little weary of the 2021 “predictions” we’re seeing. However, being good at predictions is a skill, and it takes time and practice to get better at it. [...]

Biometrics Technologies – Recapping 2020 and 2021 Predictions from IDmission2021-08-04T12:46:00-04:00
1 02, 2021

6 Key Lessons We Learned at the AML & FinCrime Tech Forum


Last week, Vital 4 exhibited at the AML & FinCrime Tech Forum and had the opportunity to speak with different stakeholders across the industry. We discussed technology, platforms, data, and process, with many disparate experts, and here are some of our key takeaways. Many major data platforms are not updating their source data regularly. Up-to-date data is key. Outdated data is not just inconvenient, it’s not compliant. False positives or false negatives due to outdated data [...]

6 Key Lessons We Learned at the AML & FinCrime Tech Forum2021-08-04T12:43:17-04:00
26 01, 2021

4 Key AML/KYC Trends for 2021


In 2020, we saw a drastically heightened need for fraud protection as more things switched to digital, accelerated by the COVID-19 pandemic. As we enter the new year, the fight against financial crimes and the need for AML/KYC compliance will continue to be a top priority. Here are a few key AML/KYC trends we’ve identified for 2021.  Customization is critical  AML/KYC workflows were complicated in the past, but technology has begun to simplify workflow management. With [...]

4 Key AML/KYC Trends for 20212021-08-04T12:43:25-04:00
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