Tag: firms
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The Buy vs. Build Dilemma – how financial services firms can save around two-thirds on risk orchestration fraud and financial crime costs
By Edward Vaughan, senior director at LexisNexis Risk Solutions, looks at the potential costs of buying or building a risk orchestration platform. The benefits of orchestration Risk orchestration is gaining incredible traction in regulated sectors. The technology can help firms to optimise multiple sources of data, and screening and monitoring tools that are used to…
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Finhabits CEO on the $113 Trillion Collective Hispanic wealth opportunity that financial firms are missing
If Carlos Garcia, founder of Finhabits, is right, then the financial sector is overlooking a huge opportunity when it comes to U.S. Hispanics. While U.S. banks have shown a growing interest in the wealth potential of the Hispanic population, few have cracked the code on catering to the unique financial needs of a group estimated…