Compliance Glossary

Basel IV is a set of international banking regulations that revises how banks calculate risk-weighted assets and capital requirements, ...

Behavioral analytics is an AML monitoring technique that profiles each customer's typical financial activity and flags deviations from that ...

Beneficial Owner is a KYC classification that identifies the natural person who ultimately owns or controls a legal entity, regardless of ...

Biometric Authentication is a KYC verification method that confirms identity by measuring unique physical or behavioral characteristics, ...

Blockchain analytics is a forensic technique that traces cryptocurrency transactions across public ledgers to identify wallet owners, map ...

Blockchain attribution is a forensic analysis technique that links pseudonymous cryptocurrency addresses and transactions to real-world ...

Blockchain Regulatory Reporting (BRR) is a regulatory practice in which financial institutions and virtual asset firms submit transaction ...

Blue Team is a defensive security group that protects an organization's systems by monitoring for intrusions, detecting active threats, and ...

A BSA Officer is a designated compliance role at a U.S. financial institution responsible for overseeing the institution's Bank Secrecy Act ...

Business Continuity Plan (BCP) is a documented operational framework that specifies how a financial institution will maintain or restore ...

Business Email Compromise (BEC) is a fraud scheme in which attackers impersonate a trusted party via email to deceive an employee, ...

Bust-out fraud is a credit fraud scheme in which a borrower deliberately builds creditworthiness over months, maximizes every available ...

The California Consumer Privacy Act (CCPA) is a state data-privacy law that gives California residents the right to know what personal ...

Card-not-present fraud (CNP) is a type of payment fraud that occurs when a criminal uses stolen card details to make a purchase without ...

Card-present fraud is a type of payment card fraud that occurs when a criminal uses a physical or cloned card at a point-of-sale terminal ...

Case management is an AML investigation workflow that tracks suspicious activity from an initial alert through regulatory filing, with a ...

Casino money laundering is an AML typology in which criminal proceeds are disguised by routing them through casino transactions, typically ...

A Central Bank Digital Currency (CBDC) is a digital form of a country's fiat money that a central bank issues and backs directly, ...

Central KYC (CKYC) is a centralized repository that stores standardized customer identity records across financial institutions. Regulated ...

Chain hopping is a money laundering technique that moves cryptocurrency across multiple blockchains and assets in quick succession, ...