KYC Portal (KYCP) has introduced a new integration with Mastercard MATCH Pro, enhancing merchant due diligence within its Client Lifecycle Management (CLM) platform. Delivered via KYCP’s Data Service Integration (DSI) module, the update allows financial institutions and regulated entities to assess high-risk merchants directly inside the platform, reducing reliance on multiple external systems. The DSI module connects KYCP users to trusted...

Anti-money laundering compliance is no longer a background regulatory function; it is a frontline risk control that can determine whether a financial institution thrives or faces severe enforcement action. According to AiPrise, financial crime rarely announces itself. Instead, it exploits operational blind spots. By late 2025, criminal networks had concealed roughly $7.1bn in suspicious transactions reported under U.S. AML requirements,...

AI is no longer a pilot project in financial services. That was the clear message from the 2026 BAFT International Trade & Payment Conference, where a panel on AI in compliance and fraud detection focused less on experimentation and more on execution. According to Quantifind, moderated by BNY senior vice president of global payments and trade Ryan Lastra, the...

Backbase, an AI-powered banking platform provider, has partnered with Plaid, a data network serving as the analytics layer for financial services, to tackle data fragmentation and accelerate innovation in banking. The collaboration integrates Plaid’s secure, real-time financial data connectivity with Backbase’s AI-powered Banking Platform, enabling banks to streamline onboarding, seamlessly aggregate account data and deliver more personalised financial journeys. The joint...

The Managing General Agents’ Association (MGAA), the UK trade body representing managing general agents, has announced the relaunch of its Programme of Learning & Insights, a structured education and insight initiative designed to support firms operating in the delegated authority market. The relaunch comes in response to significant changes across the MGA landscape, where firms are facing increasing regulatory scrutiny,...

Experian, a global data and analytics company specialising in consumer credit, identity and fraud prevention solutions, has announced the launch of the Experian Insurance Marketplace app on ChatGPT. The launch is driven by Experian’s ambition to simplify complex financial decisions using conversational artificial intelligence. With consumers increasingly turning to AI-powered tools to research and solve everyday challenges, the company identified an...

Reconciliation is rapidly becoming the cornerstone of modern communications governance. As hybrid working, AI-generated interactions and multichannel collaboration tools become standard across financial services, regulated firms are facing a new reality: capturing communications is no longer enough. According to Theta Lake, what matters now is certainty. Firms must be confident that every business record is captured accurately, completely and consistently,...

The mathematics of exponential data growth is colliding head-on with legacy compliance architecture. Across FinTech and digital banking, two powerful forces are reshaping operational risk. On one side, compliance data inputs are accelerating at an extraordinary rate. On the other, compliance operations remain stubbornly linear. The result is a widening structural gap that threatens scalability, cost efficiency and regulatory...

A simple email from a carrier should never feel threatening. Yet for many MGAs, a request for a state appointment roster triggers a familiar sense of dread. What ought to take minutes quickly turns into days of spreadsheet comparisons, system checks and manual verification, all while confidence steadily drains away. When different systems all provide different answers, the real...

intelliflo, a cloud-based technology platform for financial advisers, has launched intelliflo IQ, a new AI-driven suite embedded within intelliflo office designed to reduce administrative workloads and enhance client engagement. The new solution, developed in collaboration with WealthTech AI partner Multiply, introduces two integrated tools: an intelligent engagement assistant and an intelligent advice assistant. The intelligent engagement assistant is now live within...