Combating Financial Crime - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Software // Enterprise Applications

Combating Financial Crime

50%
50%

Financial fraud is increasing dramatically as criminals become more sophisticated and employ advanced techniques to attack financial institutions. Combating fraud—and detecting and resolving it quickly if it does occur—requires that financial institutions use a cradle-to-grave financial crime and compliance solution that addresses all aspects of fraud. When it comes to money laundering or other types of fraud, time is of the essence, and financial institutions need to act quickly to reduce losses and protect their reputations. Norkom Technologies’ Enterprise Financial Crime and Compliance Solutions mine raw transaction data, enrich the data, and analyze it for intelligent decision-making. Norkom’s global relationship with IBM provides the firm with marketing and services acumen as well as access to IBM technology such as IBM’s Entity Analytic Solutions which are embedded in Norkom’s financial crime application, explains Chris Belthoff, Vice President of Product Marketing for Norkom Technologies.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
News
Top 10 Data and Analytics Trends for 2021
Jessica Davis, Senior Editor, Enterprise Apps,  11/13/2020
Commentary
Where Cloud Spending Might Grow in 2021 and Post-Pandemic
Joao-Pierre S. Ruth, Senior Writer,  11/19/2020
Slideshows
The Ever-Expanding List of C-Level Technology Positions
Cynthia Harvey, Freelance Journalist, InformationWeek,  11/10/2020
White Papers
Register for InformationWeek Newsletters
Video
Current Issue
Why Chatbots Are So Popular Right Now
In this IT Trend Report, you will learn more about why chatbots are gaining traction within businesses, particularly while a pandemic is impacting the world.
Slideshows
Flash Poll