Blog Post
High Risk Transactions: Understanding Virtual Currencies & Associated Proposed Legislative Action
- Feb 22, 2021
- By Dave Gowan
About the writer
Dave Gowan
Dave brings a unique blend of experience as a former investigator and compliance officer with multi-billion dollar asset financial institutions. Dave has a 16+ years of career experience from the armed forces, as well as over a decade in the banking industry; from financial crime & fraud investigation to complete BSA compliance responsibilities. Dave brings a pragmatic and practical approach to the industry, grounded in fact and working knowledge of financial regulations. Dave has been with PayLynxs for over ten years.
In recent months, virtual currency has seen an influx in interest from various directions. While in some circles, these currencies have always maintained their status,...
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AML Program Effectiveness: Policy and Automation
- Dec 21, 2020
- By Dave Gowan
About the writer
Dave Gowan
Dave brings a unique blend of experience as a former investigator and compliance officer with multi-billion dollar asset financial institutions. Dave has a 16+ years of career experience from the armed forces, as well as over a decade in the banking industry; from financial crime & fraud investigation to complete BSA compliance responsibilities. Dave brings a pragmatic and practical approach to the industry, grounded in fact and working knowledge of financial regulations. Dave has been with PayLynxs for over ten years.
When many compliance professionals make plans for determining a strategy for managing your financial institution’s AML program, the use of software, such as SimpliRisk, may...
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Watch List Scanning: Tips for Determining & Clearing Potential Matches
- Nov 02, 2020
- By Dave Gowan
About the writer
Dave Gowan
Dave brings a unique blend of experience as a former investigator and compliance officer with multi-billion dollar asset financial institutions. Dave has a 16+ years of career experience from the armed forces, as well as over a decade in the banking industry; from financial crime & fraud investigation to complete BSA compliance responsibilities. Dave brings a pragmatic and practical approach to the industry, grounded in fact and working knowledge of financial regulations. Dave has been with PayLynxs for over ten years.
When it comes to watch list scanning, there are a variety of approaches and methods for determining whether a potential match is false or positive,...
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High Risk Customers: Tips to Create and Manage an Exclusion List
- Oct 16, 2020
- By Dave Gowan
About the writer
Dave Gowan
Dave brings a unique blend of experience as a former investigator and compliance officer with multi-billion dollar asset financial institutions. Dave has a 16+ years of career experience from the armed forces, as well as over a decade in the banking industry; from financial crime & fraud investigation to complete BSA compliance responsibilities. Dave brings a pragmatic and practical approach to the industry, grounded in fact and working knowledge of financial regulations. Dave has been with PayLynxs for over ten years.
Creating an Exclusion List is a great way for a Compliance department to manage risk associated with people and entities that the financial institution determines...
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