Tag: Customer Due Diligence

Regulated institutions are operating under mounting pressure to keep customer records accurate, current, and audit-ready. Enforcement activity is on the rise — recent Financial...

Financial institutions are sitting on a mounting compliance problem. Across the sector, customer files are frequently inaccurate, out of date, and riddled with gaps...

Europe's regulatory landscape for anti-money laundering is entering a decisive new chapter. On 24 March 2026, the EU's newly established Anti-Money Laundering Authority (AMLA)...

An estimated $2 trillion is laundered through the global financial system every year — a figure that represents far more than financial loss. According to...

The latest assessment from the Office for Professional Body Anti-Money Laundering Supervision (OPBAS) has highlighted improvements in the way money laundering risks are monitored...

KYC remediation has become an increasingly important operational priority for banks as regulators intensify scrutiny of AML and KYC controls. According to KYC360, at its...

The know your customer (KYC) market is undergoing a fundamental structural transformation, according to SymphonyAI, moving away from periodic compliance checks towards AI-driven, continuous...

Key European RegTech investment stats in 2025: European RegTech deal activity held steady at 165 transactions in 2025 UK continued to dominate the European...

Each month, regulatory change continues to accelerate across payments, AML and consumer protection frameworks, placing growing pressure on compliance, legal and risk teams. According...

Financial rules and regulations continue to evolve, placing growing pressure on financial institutions to stay agile and informed in their approach to AML. According to...