FinCEN is reporting a steady increase of SAR (suspicious activity report) filings over the years – 2.5 million SAR filings alone in 2020. As fraud and money laundering schemes get increasingly complex, your financial institution needs to stay ahead. A legacy FRAML simply cannot keep up. It’s time to automate your fincrime platform to spend time investigating fraud instead of administrating it.

In an age of infinite information where a company’s reputation can be destroyed in as little as 140 characters, it may seem difficult to bounce back from a crisis, but it is possible. Businesses that are prepared for natural disasters or other incidents can protect themselves from serious financial losses, and keep their reputation and customer loyalty intact, if they have the right tools.