Tag: CDD

Tallinn-based RegTech provider Instarc has secured €1.25m in strategic investment to accelerate the commercial rollout of its cloud-native compliance platform in South Africa, targeting...

CDD is the standard set of checks a regulated firm carries out on every customer, designed to verify identity and gauge the level of...

Near Field Communication, better known as NFC, is most commonly linked to contactless payments. Yet as financial crime grows more sophisticated, this technology is...

Financial institutions can expect regulators to zoom in on how they handle high-risk customers, unusual transactions and complex ownership structures, especially when controls have...

Financial crime prevention is entering a decisive new phase, according to SymphonyAI, as financial institutions grapple with outdated infrastructure while facing increasingly sophisticated criminal...

KYC failures are becoming a growing and costly issue across financial services and adjacent industries as fraud tactics continue to evolve. In 2024 alone,...

Digital tools are becoming indispensable for Anti-Money Laundering (AML) compliance across gatekeeper professions, including lawyers, accountants, real estate agents and trust and company service...

Gatekeeper professions, including lawyers, accountants, estate agents, and trust and company service providers, are increasingly caught between two powerful regulatory regimes: AML rules and...

Malaysia’s financial sector is entering a critical transformation period as regulatory expectations tighten and financial crime threats evolve. Banks are operating under heightened pressure...

For decades, financial institutions have relied on the same traditional compliance model — rules-based systems designed to flag suspicious activity and generate reports for...