The role of conduct risk in the RegTech space
Founded in 2022, Cognitive View automates consumer compliance and market conduct risk monitoring and claims to offer the first-of-its-kind integrated compliance and complaints co-pilot, aiming to reduce 70% the workload of compliance and complaint professionals.
How AI will transform transaction reporting: The RelyComply view
FinTech Global recently spoke to RegTech firm RelyComply to delve deeper into the role artificial intelligence will play in transaction reporting.
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.
Strategic insights for mastering 2024’s regulatory landscape
FinTech Global recently spoke to RegTech firm Alessa to take a deeper dive into the regulatory landscape of 2024 and the strategic insights that...
Why banks are increasing their RegTech spend year-on-year
As technology continues to expand its reach within the financial services market, many banks are looking over their shoulder at the vast litany of...
Will 2024 be the year of compliance technology?
As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
AI: a saviour for finance or catalyst for financial meltdown?
Whilst the rise of artificial intelligence has been a long time in the works, the year of 2023 saw AI in the form of...
How can RegTechs help to combat document fraud?
One of the most pressing issues with the financial industry right now is document fraud. How can RegTech's tackle this challenge and provide more support?
How Theta Lake empowers firms to maximise value from modern communication tools
A recent study from Theta Lake, a pioneer in digital communications governance, found that 69% of IT and compliance professionals expect the use of unified communication and collaboration (UCC) tools to increase in 2024. With firms using an average of 4.6 communication and collaboration tools, it is evident that UCC tools have become an embedded and essential part of modern business, but firms must ensure they are compliantly getting the full value of these tools.
