Aspioneer, a platform for showcasing the most current and relevant information companies need to succeed today, has selected Guardian Analytics’ Co-CEO & CFO Hue Harguindeguy to be included in their “Flying High: Women Leaders 2020” special edition.
By some estimates, the cannabis business will be $80 billion by 2022. From 2013 (the Cole memo) until 2018, the federal government was tacitly supportive of some banking activity for cannabis businesses. To date, no financial institutions have been sanctioned for marijuana/cannabis-related banking. The more time passes without enforcement actions while states continue to “legalize” medical or recreational uses, the more politically and regulatorily unpalatable strict enforcement becomes. It is important for financial institutions to have proper detection and reporting of marijuana/cannabis-related businesses whether the financial institution chooses to bank or not bank marijuana/cannabis business.
The cost of AML compliance at financial institutions is rising at an enormous rate year over year and even today little is done to alleviate the pain. With such rising AML cost, AML managers and AML investigators need to be more efficient. Designed from the ground up, Guardian Analytics AML Evidence Lake™ empowers AML investigators to improve investigation efficiencies and AML managers to save time overseeing the Smart Rules, KYC Forms, and SAR/CTR Filings.
Machine Learning Finds the Proverbial Needle in the Haystack Machine [...]
One of the many ways that Guardian Analytics machine learning helps financial institutions combat fraud is by monitoring digital banking activity.