Compliance

As artificial intelligence (AI) continues to reshape the financial sector, many institutions are grappling with how best to govern, oversee, and integrate this transformative...

Ensuring accurate name matching is a fundamental aspect of regulatory compliance, particularly in areas like KYC (Know Your Customer) and AML (Anti-Money Laundering). However, screening names across different languages and scripts presents a significant challenge. To address these complexities, IMTF partnered with Babel Street to enhance precision in name matching and reduce compliance risks.

Aviva, a leading UK-based insurance provider, has partnered with AutoRek, a specialist in automated reconciliation and financial control solutions, to improve its reconciliation and...

The growing adoption of artificial intelligence (AI) in governance, risk, and compliance (GRC) programs is reshaping how organisations manage regulatory requirements. Specialised language models (SLMs) are emerging as a more secure and efficient alternative to large language models (LLMs) like ChatGPT and Gemini Pro, addressing critical concerns related to data privacy, accuracy, and control.

The International Organisation for Standardisation (ISO), a global leader in standard-setting, has introduced its ESG Implementation Principles to address the growing complexities of Environmental,...

Theta Lake, the market-leader in digital communications governance and archiving (DCGA) solutions, has announced that it is adding over 100 new capabilities to its...

Landesbank Baden-Württemberg (LBBW), Germany’s largest state bank, has selected Fenergo to implement a new cloud-based client onboarding system to enhance its compliance processes.

Lloyds Bank is set to implement artificial intelligence technology from Cleareye to streamline trade finance documentation processes, reducing the need for manual paperwork and compliance checks.

Businesses today face a range of challenges that can hinder growth and efficiency. From managing vast amounts of data to ensuring regulatory compliance, organisations are under constant pressure to streamline operations, enhance client onboarding, and optimise workflows. On top of this, achieving scalability while maintaining high-quality client experiences and hitting key performance indicators (KPIs) adds to the complexity. Many firms struggle to find a solution that can integrate seamlessly with their existing systems and provide measurable returns on investment. That's where FullCircl can help.

On June 28, 2024, the IRS released the much-anticipated final regulations for digital asset brokers, providing detailed guidance for reporting sales and exchanges of digital assets.