Tag: Financial Services

KYC Portal, a RegTech platform specialising in client lifecycle management (CLM), is helping financial institutions strengthen compliance frameworks through the introduction of a ‘golden record’ — a unified, accurate and complete client profile.

Regulatory obligations require organisations to act or refrain from actions to remain compliant with the law, placing heavy demands on compliance teams who must...

Future-proofing client lifecycle management (CLM) is becoming essential as client expectations grow and regulatory pressures tighten. To keep pace, financial institutions are turning to connected APIs and intelligent workflow automation to transform compliance operations into scalable, adaptive ecosystems.

The European Banking Authority (EBA) has unveiled a series of proposals designed to streamline and strengthen anti-money laundering (AML) and counter-terrorism financing (CFT) measures across the EU. The proposed Regulatory Technical Standards (RTS) seek to create a unified approach for AML/CFT supervision, aligning the practices of supervisors and financial institutions in all Member States.

Droit, a technology firm at the forefront of computational law and regulation, has expanded its capabilities with the launch of ‘Explore Mode’ for its...

As financial institutions move from experimentation to practical implementation of generative AI, a critical question emerges: how can this technology be responsibly integrated into financial crime compliance frameworks without creating new risks?

Financial services are embracing software-as-a-service (SaaS) models to drive efficiency and security, with adoption in banking, financial and insurance sectors projected to reach over $130bn by 2027, up from $54bn in 2022. Within financial crime prevention alone, spending on cloud-based solutions is expected to make up 32% of deployment spending, reflecting a sector eager to modernise its compliance defences.

Shareholding disclosure rules remain a cornerstone for market transparency across global jurisdictions, requiring investors to report holdings when they hit specific thresholds tied to voting rights, share capital or the total outstanding shares in a class. However, keeping pace with regulatory shifts impacting disclosure data and reporting processes has become increasingly challenging for financial institutions.

I&M Bank, a financial services group in Africa, has partnered with ThetaRay, a provider of cognitive AI-powered financial crime compliance solutions. The collaboration aims to...

RegTech Analyst recently sat down for an interview with Stacey English of Theta Lake to dive deeper into the evolving regulatory landscape and the...