Identity Resolution Daily Links 2007-10-15
[Daily Post from Infoglide Software] Community banks, Credit Unions: Only Half Employ Technology for BSA/AML Compliance
“Guess which half feels more confidence in their Bank Secrecy/Anti-Money Laundering (BSA/AML) compliance efforts.”
AFP: US welcomes global money-laundering task force action on Iran
“The United States Friday welcomed action by an international anti-money laundering watchdog urging Iran to close loopholes in its financial system and take steps to limit terrorist financing.”
Counterterrorism Blog: Tightening the Financial Squeeze against Iran
“For the first time, FATF specifically addressed the dangers that Iran poses to the integrity of the international financial system. In a statement, FATF concluded that ‘Iran’s lack of a comprehensive anti-money laundering/combating the financing of terrorism regime represents a significant vulnerability within the international financial system.’”
Loss Prevention Magazine: Lessons from Low-Shrink Retailers - Nine Ways to Save $18 billion
“…until relatively recently they have largely operated in a data desert, often making decisions based upon gut instinct and guess work rather than solid data and informed analysis. Indeed, in the absence of reliable and timely data, the industry has tended to focus almost exclusively on the most overt form of shrinkage—external theft—to the detriment of other key problems, such as internal theft and process failures.”
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