Tag: financial crime compliance

Fincom, a RegTech company specialising in anti-money laundering (AML) compliance, has completed its Series B funding round, marking a significant step in its international expansion plans.

Many financial institutions are still holding onto legacy anti-money laundering (AML) systems, opting to layer new technology over outdated infrastructure rather than starting afresh. While...

Capgemini has launched a first-of-its-kind pKYC sandbox, aimed at helping financial institutions adopt a real-time, continuous compliance framework. The new solution addresses the challenges associated...

Regulatory change is nothing new in the banking and financial services world. However, under the Trump administration, the pace of deregulation has accelerated sharply,...

In today’s fast-moving financial sector, organisations are under constant pressure to adapt to evolving technologies, rising transaction volumes, and tightening regulatory demands. For compliance teams, staying ahead means embracing tools that offer speed, scalability and security. One such tool—containerisation—is rapidly shifting from a “nice-to-have” to a necessity.

As financial sectors globally face increased regulatory pressures, the fiscal footprint of maintaining compliance has surged dramatically.

In the realm of anti-money laundering (AML) compliance, the challenge of managing false positives remains a significant concern, a sentiment echoed by a compliance leader during a recent AI-centric webinar.

As 2025 unfolds, financial institutions face an evolving array of challenges. The recent Executive Perspectives on Top Risks Study conducted by Protiviti and NC State University, which garnered insights from over 1,200 board members and executives, sheds light on the primary concerns encompassing financial crime compliance, AI integration, and increasing regulatory oversight.

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

The Financial Conduct Authority (FCA) has been actively working to promote safe and responsible AI adoption in the UK financial sector. Last year, it published its AI Update to encourage outcomes-focused AI models. To further this initiative, the FCA recently launched its AI Lab, a collaborative platform for firms, stakeholders, and regulators to discuss AI use cases, share insights, and foster innovation while ensuring compliance.