The role of AI in transforming KYB processes for AML professionals
In the rapidly evolving financial landscape, the sophistication of money laundering schemes has reached new heights.
OIX urges UK government to enhance digital ID strategy for global leadership
The Open Identity Exchange (OIX) has recently put forward a call for the UK government to establish a robust, long-term strategy for digital ID, emphasising the urgent need to evolve current frameworks to keep up with global advancements.
FCA implements new cash access rules to support 3m cash users
In an effort to ensure sustained access to cash, the FCA has introduced a set of new regulations aimed at banks and building societies.
Flagright’s AI technology powers up One Money Mail for secure transfers
Flagright, has announced One Money Mail a EMI specializing in money transfers between the United Kingdom and Poland, as its new customer.
SymphonyAI introduces a game-changing entity resolution solution for modern finance
SymphonyAI has unveiled a cutting-edge Entity Resolution system designed specifically for the financial sector.
S&P Global halts ESG ratings for Indian firms under new SEBI rules
S&P Global has ceased issuing ESG scores to Indian companies regulated by the Securities and Exchange Board of India (SEBI), following the implementation of stringent guidelines.
UK urged to accelerate ISSB adoption for stronger climate finance
The UK government has been urged to mandate corporate reporting in accordance with the International Sustainability Standards Board (ISSB) Standards.
Exploring the rapid advancements and future of pKYC in banking
pKYC, or proactive Know Your Customer, is an innovative approach that initiates real-time reviews as changes in a client's KYC profile are detected.
iDenfy unveils new automated utility bill verification to enhance KYC compliance
iDenfy, a Lithuania-based software provider, specializes in identity verification and fraud prevention.
How modern firms can adapt to off-channel communication rules
In the modern interconnected business landscape, the proliferation of communication platforms demands that companies vigilantly monitor and manage various communication channels.
