Yanez MIID Case Report: Three Client Cases Showing Why Identity-Centric Testing Has Become Urgent
Financial institutions are dealing with failure points that, by now, are well-quantified. Weak anti-money-laundering programs have led to $321 billion in fines over the past fifteen years. Across the United States and Canada, institutions spend roughly $61 billion per year on compliance processes and independent testing. Globally, financial crime is estimated to cause $2 trillion…