CERTIFIED AML AND FRAUD PROFESSIONAL
EXAM 2026 CERTIFICATION REVIEW MANUAL
◉ What is privacy-enhancing technology? Answer: Technologies
designed to protect personal data and ensure compliance with
privacy regulations.
◉ What role does geolocation technology play in AFC compliance?
Answer: It helps in identifying and verifying customer locations to
prevent fraud.
◉ What is device intelligence in the context of AFC? Answer:
Technology that assesses the security and risk associated with the
devices used by customers.
◉ What is robotic process automation (RPA)? Answer: A technology
that automates repetitive tasks to improve efficiency in compliance
processes.
◉ What is behavioral and profile monitoring? Answer: Techniques
used to analyze customer behavior to detect anomalies indicative of
financial crimes.
,◉ What is open-source intelligence? Answer: The collection and
analysis of publicly available data to support compliance efforts.
◉ What are the regulatory requirements for technology in AFC?
Answer: Standards that technology solutions must meet to comply
with laws and regulations.
◉ What are some considerations for integrating new AFC tools?
Answer: Compatibility with existing systems, data management, and
user training.
◉ What is the importance of prioritizing resources in AFC
technology implementation? Answer: To ensure effective allocation
of funds and personnel towards critical compliance initiatives.
◉ What is the role of artificial intelligence in AFC? Answer: To
enhance detection and prevention of financial crimes through
advanced analytics.
◉ What does transitioning from traditional systems to AI-based
tools involve? Answer: Updating processes and training staff to
utilize new technologies effectively.
◉ What is the customer life cycle in relation to AFC technology?
Answer: The stages a customer goes through from onboarding to
,transaction, where technology can be applied to enhance
compliance.
◉ What is the case example mentioned in the notes regarding AFC
compliance? Answer: Implementing technology in AFC compliance.
◉ What is global AFC innovation? Answer: The development and
adoption of new technologies and practices worldwide to combat
financial crimes.
◉ What is the focus of the introduction in the notes? Answer:
Technology for customer onboarding.
◉ How does technology assist in KYC processes? Answer: By
streamlining and automating verification and compliance tasks.
◉ What is Electronic KYC? Answer: A digital method of verifying
customer identities to comply with KYC regulations.
◉ What is Perpetual KYC? Answer: An ongoing process of verifying
customer identities and monitoring for changes.
◉ What technology is used for digital onboarding? Answer:
Authentication and security technology.
, ◉ What types of biometric technology are mentioned? Answer:
Facial and voice recognition technology.
◉ What is the purpose of liveness check technology? Answer: To
ensure that the biometric data being captured is from a live person.
◉ How does technology aid in screening processes? Answer: By
automating checks against sanctions lists and other databases.
◉ What is fuzzy logic in the context of screening? Answer: A method
that allows for partial matches to be considered in screening
processes.
◉ What is the significance of list management in screening? Answer:
It involves maintaining and updating lists used for compliance
checks.
◉ What does whitelisting refer to in screening technology? Answer:
The process of adding certain entities to an approved list to bypass
certain checks.
◉ How can screening technology be integrated with other systems?
Answer: By ensuring compatibility and data sharing between
different compliance and monitoring systems.
EXAM 2026 CERTIFICATION REVIEW MANUAL
◉ What is privacy-enhancing technology? Answer: Technologies
designed to protect personal data and ensure compliance with
privacy regulations.
◉ What role does geolocation technology play in AFC compliance?
Answer: It helps in identifying and verifying customer locations to
prevent fraud.
◉ What is device intelligence in the context of AFC? Answer:
Technology that assesses the security and risk associated with the
devices used by customers.
◉ What is robotic process automation (RPA)? Answer: A technology
that automates repetitive tasks to improve efficiency in compliance
processes.
◉ What is behavioral and profile monitoring? Answer: Techniques
used to analyze customer behavior to detect anomalies indicative of
financial crimes.
,◉ What is open-source intelligence? Answer: The collection and
analysis of publicly available data to support compliance efforts.
◉ What are the regulatory requirements for technology in AFC?
Answer: Standards that technology solutions must meet to comply
with laws and regulations.
◉ What are some considerations for integrating new AFC tools?
Answer: Compatibility with existing systems, data management, and
user training.
◉ What is the importance of prioritizing resources in AFC
technology implementation? Answer: To ensure effective allocation
of funds and personnel towards critical compliance initiatives.
◉ What is the role of artificial intelligence in AFC? Answer: To
enhance detection and prevention of financial crimes through
advanced analytics.
◉ What does transitioning from traditional systems to AI-based
tools involve? Answer: Updating processes and training staff to
utilize new technologies effectively.
◉ What is the customer life cycle in relation to AFC technology?
Answer: The stages a customer goes through from onboarding to
,transaction, where technology can be applied to enhance
compliance.
◉ What is the case example mentioned in the notes regarding AFC
compliance? Answer: Implementing technology in AFC compliance.
◉ What is global AFC innovation? Answer: The development and
adoption of new technologies and practices worldwide to combat
financial crimes.
◉ What is the focus of the introduction in the notes? Answer:
Technology for customer onboarding.
◉ How does technology assist in KYC processes? Answer: By
streamlining and automating verification and compliance tasks.
◉ What is Electronic KYC? Answer: A digital method of verifying
customer identities to comply with KYC regulations.
◉ What is Perpetual KYC? Answer: An ongoing process of verifying
customer identities and monitoring for changes.
◉ What technology is used for digital onboarding? Answer:
Authentication and security technology.
, ◉ What types of biometric technology are mentioned? Answer:
Facial and voice recognition technology.
◉ What is the purpose of liveness check technology? Answer: To
ensure that the biometric data being captured is from a live person.
◉ How does technology aid in screening processes? Answer: By
automating checks against sanctions lists and other databases.
◉ What is fuzzy logic in the context of screening? Answer: A method
that allows for partial matches to be considered in screening
processes.
◉ What is the significance of list management in screening? Answer:
It involves maintaining and updating lists used for compliance
checks.
◉ What does whitelisting refer to in screening technology? Answer:
The process of adding certain entities to an approved list to bypass
certain checks.
◉ How can screening technology be integrated with other systems?
Answer: By ensuring compatibility and data sharing between
different compliance and monitoring systems.
