Tag: RegTech

Liminal, a leader in horizontal GenAI data security, has announced the successful raising of more than $5m in an oversubscribed seed funding round.

The recently launched 2024 Surveillance Benchmarking Survey & Report from 1LoD and co-sponsored by MCO (MyComplianceOffice), sheds light on the evolving landscape of surveillance...

TAINA Technology has announced the launch of its latest 'No Form Journey' feature for the combined FATCA and CRS individual and entity forms.

The Integrated Reporting Framework (IReF), an initiative by the ECB, aims to streamline banks’ statistical reporting processes across the Eurozone.

Balancing a seamless customer onboarding experience with stringent compliance measures can be challenging. RelyComply, an intelligent AML compliance platform, recently outlined strategies and best practices to streamline the KYC/CDD process, helping businesses navigate anti-money laundering (AML) regulations while enhancing customer satisfaction.

US-based FinTech firm Ballerine is making waves in the FinCrime space for its pioneering approach to assessing businesses and merchants legitimacy. Founded in 2022, the startup...

The strategic choice of the right technology platform is pivotal for firms aiming to enhance business focus, increase value, and solidify compliance as an integral part of their operations. However, the decision-making process to select an appropriate compliance solution is fraught with challenges. These include the risk of overspending, choosing software that fails to address both current and future needs, or enduring a difficult implementation phase.

In February 2024, the Financial Conduct Authority (FCA) initiated a pivotal consultation titled 'CP24/2: Our Enforcement Guide and publicising enforcement investigations – a new...

Sanctions play a crucial role in international diplomacy and law enforcement, ensuring that countries and entities adhere to international norms and regulations. Keeping up to date with the ever-evolving sanctions regulations, including OFAC's 50% Rule and the EU's new directives, remains a top priority for companies worldwide.

AI is increasingly becoming a focal point of discussion, particularly in how compliance departments within financial institutions prepare to adopt AI technologies for client screening and align with necessary regulatory standards.