Blog
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Turbocharging AML Investigations with Decision Intelligence
An estimated 2 to 5% of global GDP, or roughly €715 billion to 1.87 trillion, is laundered each year, according to the United Nations Office on Drugs and Crime (UNODC). Money laundering is growing in scope and scale worldwide, as bad actors use increasingly complex tactics to carry out illicit financial schemes. New technologies and…
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5 Key Trends to Look Out For at ISS Dubai
ISS Middle East, one of the largest gatherings in the world for law enforcement and intelligence professionals in the world, is fast approaching. The conference will take place from February 28th to March 2nd. Before you head off to Dubai, we would like to give you a preview of 5 key trends to get up…
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Transforming European Customs Clearance with Decision Intelligence
Every year trillions of Euros worth of goods are imported into and exported out of European countries. The 27 EU member countries alone account for roughly 15%1 of the world’s trade in goods, a share which grows even larger if all European countries are considered. However, as trade volumes continue to increase, European customs authorities…
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Preventing Customs Fraud with Decision Intelligence
On a typical day in the United States, customs officials process over $7.6 billion in imported goods, primarily from almost 90,000 containers that arrive over land, air, and sea. They seize almost 5,000 pounds of illegal drugs, $340,000 worth of illicit currency, and $9 million worth of counterfeit goods. In addition, over 900,000 people enter…
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What Is Driving The Shift To Decision Intelligence Platforms For Criminal Investigations?
Decision Intelligence Accelerates Investigations to Combat Crime and Terror A shocking 54.5% of violent crimes committed in the U.S. annually remain open and unsolved, according to FBI statistics1. This phenomenon is not limited to the U.S., but is common across law enforcement agencies throughout the world. One of the main reasons for the high volume…
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Preparing for Peak Retail Season – Boost Customs Risk Assessment With Decision Intelligence
November is a peak month for online shopping, with three major sale days – Singles’ Day, Black Friday and Cyber Monday – generating a frenzy of retail orders and shipments. In fact, Cyber Monday was the biggest online shopping day of 2021 in the US, with consumers spending $10.7 billion on US retail websites, according…
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Boost your Customs Risk Management with Data Analytics
How customs data analytics can lead to smarter risk management, increased revenue, and improved fraud detection International trade generates growing volumes of data, making it increasingly challenging for customs organizations to regulate legitimate trade across air, land and sea and collect revenue effectively. Customs authorities face complicated tasks, including detecting smuggled goods (both illicit goods…
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How Decision Intelligence Can Transform Financial Crime Investigations
Financial crime isn’t restricted to “white-collar” activities. There is typically some financial component in many criminal investigations, whether drug smuggling, human trafficking or organized crime, and those components can include, financial fraud, tax evasion and money laundering. These crimes can range from basic theft or fraud committed by individuals to large-scale operations masterminded by global…
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2022 Government
CIO Survey Shows
Key Big Data
Challenges and PrioritiesAs investigation teams in government and security organizations face increased struggles in the big data era, Chief Information Officers (CIOs) must equip their organizations with more powerful tools to conduct investigations, assess risks and mitigate threats. CIOs play a critical role in building the right technology infrastructure and strategy across the organization to ensure that…
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How Digital Intelligence Platforms Accelerate Investigations
Digital intelligence platforms, often called investigative analytics platforms, have become increasingly popular among law enforcement and security organizations in recent years. Due to the rise of digital technologies and the explosion of big data, traditional investigation methodologies have become far too labor-intensive to keep up with the amount and diversity of data sources. The siloed…
