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Red Threads
Insights on Compliance, Regulations, Due-Diligence & AML practices. Discover how tech is shaping the way we manage risk.
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The Evolution of AI in Financial Crimes: From 1993’s Neural Networks to Today’s Enhanced Due Diligence
In 1993, a groundbreaking step was taken in the realm of financial crime prevention—the introduction of neural networks for fraud detection. This marked the beginning of artificial intelligence (AI) in
The Evolution of AI in Financial Crimes: From 1993’s Neural Networks to Today’s Enhanced Due Diligence
In 1993, a groundbreaking step was taken in the realm of financial crime prevention—the introduction of neural networks for fraud
Enhanced Due Diligence and the 2024 Elections: Make America Safe Again
As the 2024 elections approach, the spotlight intensifies on national security, economic policy, and safeguarding the integrity of the financial
Navigating Global Complexities: Enhanced Due Diligence Across Industries and Regions
In today’s increasingly globalized and interconnected world, financial crimes are more sophisticated than ever. As a result, organizations conducting business
What is AI-Powered Enhanced Due Diligence (EDD), and How Can It Change the Game?
In today’s fast-paced digital economy, risk management and compliance have never been more critical. As businesses scale globally and regulations
Navigating the Landscape of KYB, KYC, CIP, CDD, and EDD: Differences, Commonalities, and the Pros & Cons
In the world of compliance, terms like KYB, KYC, CIP, CDD, and EDD are often used interchangeably, creating confusion among
EDD 101: Revolutionizing Fraud Prevention from Onboarding
What is Enhanced Due Diligence (EDD)? Enhanced Due Diligence is a more rigorous approach to verifying a merchant or client’s