What are firms getting wrong with perpetual KYC?
For several years, perpetual KYC (pKYC) has been pitched as the next evolution of traditional KYC methods, but firms still have misconceptions around what...
The major trends shaping the future of Know Your Customer compliance
It has been a transformative year for know your customer (KYC) processes, as companies embrace new technology to transform compliance workflows. Remonda Kirketerp-Møller, CEO...
False negatives: the hidden risk in AI compliance
False positives are a notorious challenge that plagues compliance teams, but recent advancements in artificial intelligence (AI) have helped to reduce the problem. However,...
Inside Zeidler’s AI-powered legal tech revolution
What if you could scale a single lawyer into hundreds without compromising on trust, precision, or regulatory expertise? At Zeidler Group, that question isn’t theoretical. It’s the guiding principle behind a new model for legal and compliance services in the asset management industry: one where deep legal know-how meets powerful AI infrastructure.
Can RegTech harmonize global data privacy challenges?
Data privacy continues to become an important topic for regulators around the world, as more regulations are released each year bolstering rules to ensure greater protections.
Finding the right RegTech partner for you – Part 2
The global RegTech sector is projected to reach a value of $66.9bn by 2032, growing at a 22.6% CAGR from 2023, according to a report from Allied Market Research. Given its size, it is evident that the market is full of various types of RegTech solutions all claiming to revolutionise the output of compliance teams.
Are financial institutions struggling to keep up with modern sanction and PEPs lists? –...
FinTech Global recently spoke to multiple industry players to get their insights on whether financial institutions are keeping up with modern sanction/PEPs lists monitoring...
Are financial institutions struggling to keep up with modern sanction and PEPs lists? –...
The war in Ukraine has underscored how quickly sanction and PEPs lists can change. Since 2022, the US, UK, EU, Australia, Japan and Canada have imposed over 16,500 sanctions on Russia, according to the BBC. The current turbulent geopolitical scene means financial services firms need to be ready for regular, and often sudden, changes to PEPs and sanction lists. FinTech Global recently spoke to several industry players to ask whether financial institutions are keeping up with the modern sanction/PEPs landscape.
Firms are getting transaction reporting wrong, Novatus Advisory offers the solution to resolve this
Transaction reporting is a necessary requirement for countless regulations, and yet Novatus Advisory co-founder Matthew Ranson believes many firms are getting this process wrong, and they might not even be aware of it.
From Crisis to Opportunity: How Saifr launched during Covid to revolutionise marketing compliance
When the world went into lockdown in 2020 in a bid to stop the spread of Covid-19, many companies went into a state of survival. Many were forced to furlough staff and look for loans to ensure they could weather the storm. Building a new startup might have been the last thing some would think to do during this time, but Vall Herard did just that with Saifr.
