Risk & Compliance
Financial Risk in Correspondent Banking: Project Agora and the case for Tokenisation of Correspondent Banking
We have seen in the first three parts of this series[1] that the Correspondent Banking business is experiencing challenges due to the complexity of the transactions facilitated, creating additional regulatory risks from an AML/CFT perspective, which impacts the viability of the Correspondent Banking business. We discussed how transitioning to digital technologies such as AI can […]
