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AML and Regulatory fines on global banks soared in 2023, study shows

By Puja Sharma

January 12, 2024

  • Ai Financial Services
  • AML solution
  • CLM

Fenergo, the leading provider of digital solutions for client lifecycle management (CLM), know your customer (KYC) and transaction monitoring, today released its annual findings on global financial institution enforcement actions, which reveal that the value of penalties imposed on firms surged 57% in 2023. Penalties for failing to comply with anti-money laundering (AML), KYC, environmental, […]

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