#QuickBiteCompliance Day 181
🚨 Stop Bad Guys with “Name Checks” – Like a Superhero’s Secret Weapon! 🦸♂️
Imagine you’re playing a game where you have to keep troublemakers out of your team. How? By checking their name against a “no-no list” before letting them join. That’s name screening! Banks and businesses do this daily to block criminals, terrorists, or sneaky people who try to hide dirty money.
Here’s how bad guys cheat the system (but fail!):
1️⃣ Fake ID Tricks: A criminal named Ali opens an account as Aly or Alie to dodge sanctions. Without good name screening, he slips through!
2️⃣ The “Good Guy” Mask: A drug cartel pretends to be a legit coffee exporter but shares a name with a real business. Weak screening = money laundered!
3️⃣ The Midnight Hacker: Cyberthieves create fake accounts at 3 AM, hoping no one’s watching. But automated tools screen 24/7!
How do we win?
✅ Batch Checks: Like scanning every player on your team weekly to catch imposters.
✅ Real-Time Guards: Blocking bad guys the second they try to join.
✅ Tech to the Rescue: Tools like #InclusiveRegtech and #OpenSourceAML make screening fairer, faster, and smarter (shoutout to solutions like Mulai Console! 🌍).
Bad guys hate this. You can help! Share smarter tools, ask questions, and keep learning. Together, we make money safer for everyone. 💪
🔗 Learn more: [ACAMS Glossary](https://www.acams.org/en/resources/aml-glossary-of-terms)
#InclusiveRegtech #OpenSourceAML #100HariNulis #StopFinancialCrime
