Tag: Compliance

While people are very aware of the threat of scams, these unique threats continue to succeed and impact consumers and their financial institutions.

As regulatory demands intensify and financial crimes grow more complex, financial institutions and regulated businesses are under mounting pressure to modernise their risk assessment...

The Abu Dhabi Global Market (ADGM) has issued a major enforcement action, shining a spotlight on the regulatory vulnerabilities facing virtual asset firms. This move serves as a stark reminder of the growing scrutiny within financial free zones, particularly in the rapidly evolving digital asset space.

Artificial intelligence is no longer a future prospect for financial services; it is a present reality, evolving quickly and reshaping the compliance landscape. From enhancing risk detection to improving operational efficiency, AI offers immense potential. However, its rapid adoption also brings fresh regulatory questions, new risks, and ethical challenges.

Customer Risk Ratings (CRRs) have long been integral to anti-money laundering and counter-terrorist financing (AML/CFT) frameworks.

Independent software vendors (ISVs) aiming to expand into highly regulated industries such as financial services, healthcare, and the public sector often face a significant...

In today’s fast-moving workplace, many employees are familiar with the surprise of a new software platform suddenly appearing on their screens—often with little to no prior warning or consultation. While well-intended, these abrupt technology rollouts can lead to unintended disruption, especially when key users are left out of the decision-making process.

In today’s rapidly shifting regulatory landscape, firms are under mounting pressure to shift from reactive to proactive compliance. The days of treating compliance as...

Traditional KYC processes are increasingly struggling to keep pace with the demands of modern financial services. However, the rise of AI and ML is reshaping how compliance teams operate, delivering faster, more accurate, and more scalable solutions.

Ushur, a company specialising in Customer Experience Automation (CXA) for regulated industries, has renewed its HITRUST r2 certification, reinforcing its commitment to information security...