Moody’s Analytics: Forward-thinking Compliance Teams View Perpetual KYC as the Future of Compliance
- 3 years 12 months ago
- Compliance
Compliance teams see perpetual KYC (pKYC) as the future of KYC according to a report by Moody’s Analytics, “Perpetual KYC: Transforming Risk and Compliance,” released today. The report sought to uncover the key challenges faced by implementers of KYC today and understand how organizations are transforming their approach to risk and compliance.
SS&C Europe Upgrades Financial Services Offering with Napier’s AI-enhanced Compliance Solutions
- 4 years 2 weeks ago
- Compliance
Napier, provider of leading anti-financial crime compliance solutions, has announced that the financial services firm SS&C Europe will be upgrading its offering with Napier’s AI-enhanced financial crime risk management platform, Napier Continuum, which includes Client Screening and Transaction Monitoring tools. SS&C Europe is the UK’s largest fund administrator.
ZEDRA Adopts Clausematch as Part of its Digital Transformation
- 4 years 2 weeks ago
- Compliance
ZEDRA, an international provider of corporate and global expansion, active wealth, Pensions & Incentives and Fund solutions, today announces its partnership with Clausematch, a technology company developing solutions for regulatory compliance. The company is adopting Clausematch's policy management platform to streamline compliance across multiple jurisdictions.
Know Your Customer and HAWK AI Partner to Harmonise Financial Crime Compliance in the Fintech Sector
- 4 years 1 month ago
- Compliance
Know Your Customer, the No. 1 provider of real-time registry connections in the industry, and Hawk AI, Germany’s leading software provider of anti-money laundering surveillance technology for banks, payment firms, and fintechs, today announced a new strategic partnership.
Financial Compliance Platform Napier Announces New CEO
- 4 years 1 month ago
- Compliance
Napier, a global end-to-end intelligent compliance platform and provider of advanced financial crime risk management solutions has announced that its current Chief Operations Officer Greg Watson, is to take the helm as Chief Executive Officer with immediate effect, as former CEO Julian Dixon moves into a full-time role as Founder and Board Member.
Goldman Sachs’s Credit Card Division Under Investigation by CFPB
- 4 years 3 months ago
- Compliance
Goldman Sachs’ credit cards unit is undergoing investigation by the Consumer Financial Protection Bureau (CFPB). According to a securities filing on Thursday, the Wall Street giant was a subject of examination by the CFPB for possible charges of fraud relating to the company's management issues in processing refunds, errors with consumer accounts, and reporting back to the bureau, and advertising.
Research From Vertex Shows Tax Compliance Issues Hinder E-Commerce Growth
- 4 years 3 months ago
- Compliance
A fragile yet prosperous business economy has encouraged finance leaders to identify new opportunities for growth in 2022.
Sumsub is the first Regulated Compliance-as-a-Service Provider
- 4 years 4 months ago
- Compliance
Sumsub, a tech company that offers an all-in-one technical and legal toolkit to cover KYC/KYB and AML needs, has become the first regulated Compliance-as-a-Service provider for global businesses. Now companies can delegate their compliance and verification-related issues to Sumsub and focus entirely on their core business goals.
Embedded Finance Startup Kernolab Partners with Ondato for KYC and Compliance Boost
- 4 years 4 months ago
- Compliance
Kernolab, the Vilnius-based fintech startup that focuses on helping businesses drive value through embedded finance solutions, is partnering with Ondato for all KYC compliance capabilities.
Rabobank to Adopt Identitii’s Cloud-hosted SaaS Platform
- 4 years 4 months ago
- Compliance
Identitii Limited is pleased to announce it has signed a five-year SLA with the Australian arm of the Dutch-led multinational banking and financial services group, Rabobank. Rabobank Australia will use Identitii’s cloud-hosted reporting platform, to help further automate IFTI reporting to AUSTRAC. Commenting on the agreement, John Rayment, CEO of Identitii said:
Shield Launches New Version with Robust eDiscovery Capabilities, Empowering Compliance Teams to Work Better
- 4 years 5 months ago
- Compliance
Shield, the world’s leading workplace intelligence platform for compliance teams, today announced a new version of its award-winning, end-to-end communication compliance platform, including an industry-defining eDiscovery tool that offers firms a fast response to regulatory inquiries while increasing team efficiency and enabling collaborative case m
Validis Partners with Abrigo to Speed Up Small Business Lending for U.S. Financial Institutions
- 4 years 5 months ago
- Compliance
Abrigo, the leader of compliance, credit risk, and lending solutions for financial institutions, announced an alliance with Validis, a secure data ingestion platform that pulls clients’ financial information in real-time, standardized for easy consumption. This partnership will allow financial institutions to extract general ledger data quickly and efficiently.
Financial Institutions’ Demand for Quicker and More Accurate Voice Transcription Is at an All-time High, Says RegTech Provider Steeleye
- 4 years 5 months ago
- Compliance
Most communications surveillance tenders now ask for transcription services, and not just for fixed-line calls but also for MS Teams, Zoom WhatsApp and more Increased regulatory scrutiny of communications rules are driving firms to seek faster and more accurate transcription services SteelEye has developed an AI-driven Financial Services Transcription Engine in response to this record demand, which is 120x faster with 90%+ accuracy
Factor, Mayer Brown, and Acadia Launch New Tech-enabled Service to Simplify Derivatives Compliance
- 4 years 5 months ago
- Compliance
Factor, the leader in solutions for complex legal work at scale, today announces the global launch of ‘CAN Comply’ together with Mayer Brown, a leading global law firm with a renowned derivatives practice, and Acadia, the leading provider of integrated risk management services for the derivatives community. CAN Comply simplifies ongoing EMIR compliance requiring the review of collateral and netting arrangements.
ESMA fine + Increased Risk of Market Abuse as Transaction Reporting Still not Top Priority
- 4 years 6 months ago
- Compliance
New research from leading governance, risk and compliance (GRC) advisor ACA Group reveals that confidence among financial services firms in the quality of their own reports is declining – down to 65% from 87% in 2021.
