Financial Institutions’ Demand for Quicker and More Accurate Voice Transcription Is at an All-time High, Says RegTech Provider Steeleye
- 2 years 7 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
Encompass Appoints Renowned KYC Experts to Help Banks Get the Most out of Digital Transformation Initiatives
- 2 years 7 months ago
- AML and KYC
Encompass Corporation, the provider of the leading Know Your Customer (KYC) automation platform, has appointed senior industry experts to a Transformation team charged with ensuring banks reap the benefits of automation initiatives.
Factor, Mayer Brown, and Acadia Launch New Tech-enabled Service to Simplify Derivatives Compliance
- 2 years 8 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
- 2 years 8 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.
2022 Off to Another Record Start for Jumio
- 2 years 8 months ago
- AML and KYC
Jumio, the leading provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, today announced a record-breaking Q1, with sales growing more than 140%. This growth spans the globe and multiple industries, including government, financial services and mobility.
Blockpass Partners with EMURGO to Provide On-Chain KYC to Cardano Blockchain Ecosystem
- 2 years 8 months ago
- Blockchain, AML and KYC
Blockpass, a leading digital identity verification provider, today announced a strategic partnership with EMURGO, a founding entity of the Cardano blockchain and its official commercial arm. Through this collaboration, Blockpass will add Cardano crypto-addresses to the Blockpass App, and offer On-Chain KYC(TM) services for Cardano ecosystem projects, optimizing their KYC requirements.
Jumio Announces Industry Veteran Stuart Wells as Chief Technology Officer, Unveils New Jumio Innovation Lab
- 2 years 9 months ago
- AML and KYC
FICO technology leader will oversee Jumio’s research and development of identity verification technology to drive the industry forward
Blockchain Technology Enterprise OwlTing Installs Robust AML Defenses with Napier
- 2 years 9 months ago
- Compliance, AML and KYC
Napier, provider of leading anti-financial crime compliance solutions, announced that OwlTing Group, a blockchain technology enterprise, is the latest to leverage Napier’s AI-enhanced technology solutions to develop an effective financial crime compliance system, which improves its anti-money laundering (AML) and counter-terrorist financing (CTF) defenses and meets relevant regulatory requirements.
Prospect of Further Sanctions Against Russia Underlines Importance of Ongoing Client Monitoring
- 2 years 9 months ago
- AML and KYC
The prospect of further sanctions being imposed on Russia in addition to those recently brought in by the UK, the US and the EU has underlined the importance of ongoing client monitoring, according to a leading anti-money laundering expert.
Sysnet Global Solutions Announces Re-brand to VikingCloud
- 2 years 9 months ago
- Cloud, Cybersecurity, Compliance
Cyber security frontrunner to unify legacy brands under one name. Sysnet Global Solutions, a leading provider of cyber security and compliance solutions, today announces its re-brand to VikingCloud™, unifying the businesses acquired by Sysnet over the last 18 months.
Vitol Increases Coverage Across Compliance Monitoring with Relativity Trace
- 2 years 9 months ago
- Compliance
Relativity, a global legal and compliance technology company, announced today that energy and commodity trading company, Vitol, has deployed Relativity's AI-powered communication surveillance platform,
Wolters Kluwer and Lightico Announce Collaboration as Demand for Digital Completion Cloud Skyrockets
- 2 years 9 months ago
- Lending, Banking, SaaS, Compliance, Insurance
Out-of-the-box integration provides Lightico customers with Wolters Kluwer eOriginal market-leading eVaulting technology, ensuring seamless and compliant auditing, securitization and transfer of Digital Originals®
FCA Doubles Down on Anti-Money Laundering Commitmen, in New Three-year Strategy
- 2 years 9 months ago
- Compliance, AML and KYC
The FCA has released a new report unveiling their strategy for the next three years, from 2022 to 2025. The Strategy contains a number of commitments and plans to mitigate fraud, market abuse, money laundering, sanction evasion and terrorist financing.
Fast Growing RegTech Launches Market Replay Solution
- 2 years 9 months ago
- Compliance, Data
SteelEye, the compliance technology and data analytics firm, has today announced the launch of its new Order Book Replay service – a cutting-edge market replay solution. Designed to facilitate more precise and rigorous market abuse surveillance, SteelEye’s market replay tool enables organisations to playback a trading session and more thoroughly analyse market movements.
DAPS UK Signs up for SmartSearch Verification
- 2 years 9 months ago
- AML and KYC
National property sales and lettings company DAPS UK has partnered with leading anti-money laundering specialist SmartSearch. The company, which will shortly be opening its seventh UK office, is the latest property-related business to sign up to the SmartSearch digital customer verification and screening system.
