Tag: Compliance technology

Key European RegTech investment stats in 2024: European RegTech deal activity halved in 2024 YoY UK firms dominated the European RegTech marketplace completing a...

Financial institutions in the Channel Islands, specifically Jersey and Guernsey, must adhere to stringent compliance requirements under the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS). These frameworks are crucial in upholding international tax transparency by ensuring institutions report relevant financial information to tax authorities.

FATCA and CRS are crucial global regulatory frameworks aimed at increasing tax transparency and preventing tax evasion. TAINA, which offers a fully automated FATCA...

The growing adoption of artificial intelligence (AI) in governance, risk, and compliance (GRC) programs is reshaping how organisations manage regulatory requirements. Specialised language models...

Archive Intel, a leader in AI-powered compliance archiving solutions, has secured an additional $1.5m in funding to accelerate its growth.

Quantifind, a leading provider of risk intelligence solutions for financial crime compliance, made significant advancements in 2024 to empower organisations with cutting-edge investigative tools. Known for its innovative approach, Quantifind specialises in leveraging machine learning and data science to enhance KYC and AML efforts, helping financial institutions detect and mitigate risks effectively.

Money laundering activities in the United States alone are estimated to total $300bn annually. In 2023, penalties for anti-money laundering (AML) violations in the...

Global Screening Services (GSS), a prominent RegTech innovator, has published its 2024/2025 Sanctions Survey, revealing key insights into how financial institutions are adapting to the evolving sanctions landscape.

Key RegTech investment stats in Q3 2024: Global RegTech deal activity increased by 20% QoQ Average deal value dropped to $12m as investors back...

Key Global RegTech investment stats in Q3 2024: Global RegTech funding halved in Q3 QoQ UK leaps to the top of the pack as...