<ul><li>Compliance has shifted from being a defensive shield to a strategic asset in 2024.</li><li>Payments and financial services firms are turning to risk-based compliance frameworks and advanced analytics to prioritize high-risk areas.</li><li>Integration of compliance processes across the organization is crucial to avoid inefficiencies and duplication of effort.</li><li>Managing third-party relationships and using sophisticated tools to address third-party compliance risks is becoming a focal point.</li></ul>

Compliance Moved From Cost Center to Growth Engine in 2024

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