My Neighbor Is a Shell Company
Written by Alexon Bell
|
Published: 8th Apr 2020
If you live in a major city, chances are your rent is pretty high. If you live in San Francisco, New York City, Miami, Vancouver, London, Hong Kong or Tokyo, housing costs probably eat up more than half of your paycheck. While a booming tech sector and housing shortages have dominated the conversation as reasons why the market is out of control, dirty money and foreign ownership should be part of the discussion.
Read the full article in Money Inc.
You may be interested in…
Digital Transformation: A Strategic Approach
In this video, Quantexa discusses how the IT industry has strategically maximized digital transformation to stay agile in a time of crisis.
An AML Wake-Up Call for Financial Markets
Historically, the broker-dealer market has received less regulatory pressure through fines, and thus less investment in areas of anti-money laundering […]
Tech Talk: Interview with Jamie Hutton
Jamie Hutton, chief technology officer at Quantexa, a scale-up leveraging artificial intelligence and big data analytics in the fight against […]
Tackling trade-based money laundering requires a cross-industry approach
Money laundering costs the UK approximately £24bn annually, according to the National Crime Agency. Far from being a victimless crime, […]
Spotlight on: Laura Hutton
Over the last 13 years, Laura has been helping businesses solve major challenges using innovative technology. In the wake of […]
Cleaning up a dirty business: Money laundering in financial markets
In recent weeks, regulators have reprimanded leading investment banks for insufficient money laundering controls within their markets and broker-dealer business. […]
Better decisions start here
See how our Contextual Decision Platform transforms every operational decision you make.
Related Solutions
Tax Authorities
Reduce the tax gap, identify fraud and non-compliance, and operate as efficiently as possible with limited resources.
Anti-money laundering
Reveal hidden risks and detect criminal activity faster. Reduce false positives to manage the cost of compliance. And improve investigations to make faster and more consistent decisions at scale.
Customs Agencies & Border Control
Contextual Decision Intelligence enables faster decisions, increased revenue collection and enhanced compliance. The Quantexa platform enables Customs and Border agency teams to analyze data successfully, automate and accelerate decision-making, and achieve improved results.
Fraud
Identify potentially fraudulent activity by looking at people or transactions in isolation. Understand the context surrounding the organizations you do business with to make fast, accurate decisions.
Fraud, Waste & Abuse
Empower your team with the best tools available for today’s challenges to identify and prevent fraud, waste and abuse with contextual decision intelligence software.
Credit Risk
Understand your customers, their business structures and supply chains. Make better lending decisions, faster. And support digital risk transformation.
Know Your Customer
Reduce significant manual effort across onboarding, refreshes and remediation. Automate checks, implement continuous monitoring, and focus on contextual decision making.
Customer Intelligence
Generate a complete view of the context around your customers and prospects to build better relationships, reduce attrition and find hidden opportunities.
Revolutionize your Financial Crime and Fraud detection with Syneo
Syneo Investigations
Enhance the efficiency, effectiveness and consistency of your operational and complex investigations to empower your teams to expose and understand risk faster.
Master Data Management
Connect all data—internal and third party—to create a joined-up, contextual view of all the relationships between your customers and every other domain.
Compliance
See how we help to reduce costs and improve coverage for financial crime compliance.
CDO
See how our platform uses contextual analysis to turn data into a high value asset.
CIO
See how our platform uses financial crime technology to enhance your existing IT ecosystem.
Syneo for Contextual Monitoring
Reveal hidden risks and detect criminal activity faster. Reduce false positives to manage the cost of compliance. And improve investigations to make faster and more consistent decisions at scale.
Unified CRM Solution
Growth and Retention
Contextual Engagement
Generate a complete view of the context around your customers and prospects to build better relationships, reduce attrition and find hidden opportunities.
Data Management
Connect all data—internal and third party—to create a joined-up, contextual view of all the relationships between your customers and every other domain.
Connected Customer View
Generate a complete view of the context around your customers and prospects to build better relationships, reduce attrition and find hidden opportunities.