Tag: Compliance Systems
UAE’s digital leap: How regulatory sandboxes fuel AML compliance
The United Arab Emirates (UAE) is experiencing a notable economic surge, becoming a magnet for foreign investments and job opportunities. This economic growth is coupled with ambitious plans under the UAE Digital Economy Strategy launched in April 2022, aiming to increase the nation's GDP contribution from digital services from 9.7% in 2022 to 19.4% over the next decade. The strategy positions the UAE as a pivotal digital economy hub both regionally and globally.
Compliance Systems launches new mobile-enabled online account opening solution
Compliance Systems has launched the first mobile-enabled online account opening solution, which enables financial institution customers and members to open accounts up to ten times faster, it claims.