A Perfect Storm of Financial Crime Risk
Criminals exploit digital complexity to stay ahead – flooding investigators with noise while institutional threats surface in plain sight and go unreported. Traditional approaches fall short.
Financial institutions must go beyond predicate crime to assess source of wealth, service nature, behavioral patterns, and jurisdictional exposure – Fivecast’s intelligence platform transforms digital risk into insight before it becomes reality.
CHALLENGES FACING FINANCIAL INSTITUTIONS
Regulatory Landscape
The regulatory landscape is increasingly complex, with penalties for non-compliance on the rise. Financial institutions must navigate evolving standards while maintaining operational integrity and avoiding reputational risk.
DATA COMPLEXITY
Traditional research methods and tools haven’t kept pace with the explosion of digital data across the surface, deep and dark web – making it harder to detect risk, uncover hidden connections and meet investigative demands.
resource constraints
Manual approaches to online investigations are slow, costly, and expose analysts to risk. Without obfuscation, investigations can compromise operational security. Institutions need scalable, secure solutions to reduce workload and accelerate outcomes.
TRANSFORMING FINANCIAL CRIME INSIGHT INTO ACTION THAT PROTECTS
US $3.1T
Illicit funds estimated to flow through global financial systems annually
US $4.3B
AML fines in 2024 alone
2%
Estimated share of global financial crime currently detected
12+ Days
Time saved in due diligence using Fivecast
FIVECAST SOLUTIONS FOR FINANCIAL CRIME
Fivecast automates persistent data collection across social media and other online data sources, enabling continuous threat assessment and reducing the manual workloads of financial crime analyst teams.
KNOW YOUR CUSTOMER (KYC) ENHANCED DUE DILIGENCE (EDD)
Accurately verify identity, analyze adverse online media and assess a customer’s risk profile using online data.
FINANCIAL CRIME INVESTIGATIONS
Enhance investigations with online data to verify information, detect anomalies, and prevent fraud losses.
ANTI-MONEY LAUNDERING COUNTER-TERROR FINANCING
Quickly detect online connections to criminal or terrorist networks and discover indicators of predicate offences.
Discover how Fivecast empowers Financial Institutions to uncover financial crime with social media insights.
Fivecast recently launched its cutting-edge, AI-driven digital intelligence platform into the financial crime compliance market, enabling financial institutions to radically streamline financial crime investigations.
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The modern fight against financial crime is complicated by the vast amounts of data generated each day. Traditional methods fall short, missing critical risk factors and leaving institutions vulnerable to regulatory action.
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Fivecast ONYX delivers Evolved AML, automating online risk detection, enabling continuous threat assessment, and reducing manual workloads for FIU’s.
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