Compliance Management

In a hyperconnected and digital world, the importance of KYC and AML in finance cannot be understated. For banking, what do these processes include?

Regnology believes that ESG should be at the centre of a company’s activities, from finance to risk departments and credit ratings. A good ESG data strategy is key to this.

Hawk AI has partnered with RegTech firm Know Your Customer to help companies centralise and harmonise their AML programmes.

RegTech firm Alessa – previously known as Alessa by Tier 1 Finanical Solutions – has undergone a rebranding to simplify its brand offering.

France’s data privacy and protection body has slapped Facebook with a €60m fine and Google with a €150m penalty following misdemeanours around internet cookies.

Over the course of the last decade, RegTech has gone from a complete unknown to a key part of a company’s regulatory and compliance toolkit. As we look towards the future, what technologies in this space will stand out?

Businesses not compliant with Strong Customer Authentication (SCA) miss out on £2m in sales each day, a report from Barclaycard Payments claims.

Armalytix, which streamlines data collection and intelligence for AML checks, has reportedly raised $1m in funding.

6clicks, an AI-powered GRC platform, has collected $10m in its Series A funding round, which was led by Centerstone Capital.

TAINA, a leading tech firm, has made a significant stride towards simplifying life for everyone through their cloud-agnostic approach and supporting containerisation.