Compliance as a Competitive Advantage
A recent article from Banking CIO Outlook discusses the advent of innovative new compliance technologies like Beam. The article emphasizes the broad advantages of implementing a modern compliance program, ranging from better tools and data analysis to cutting costs. The most interesting argument is that banks can distinguish themselves from the competition by employing new technology. Better compliance software facilitates better adherence to compliance regulations, reduces reputational risk, and maximizes the value of your compliance team. At Beam we strongly believe that effective AML compliance can and should be a competitive advantage for Banks, not a liability.
Read the full article here.