Tag: Due Diligence

Key Indian RegTech investment stats in 2024: Indian RegTech funding fell by 43% in 2024 YoY Average deal value dropped to $6m as investors...

Generative AI has continued its rapid evolution, becoming both a catalyst for innovation and a source of operational challenges.

In an era where businesses span across various international borders, adhering to the myriad of distinct regulatory frameworks is not just challenging; it’s imperative.

Cytora, a leading digital risk processing platform, has formed a strategic partnership with Xapien, an innovative company known for its AI-powered due diligence capabilities.

In the dynamic world of FinTech, businesses are continuously pushed to innovate to stay competitive. A standout trend in this evolution is hyperautomation. This...

In a stride towards combating financial crimes, the US introduced the CTA, designed to peel back the layers of secrecy often associated with business entities.

The Corporate Sustainability Due Diligence Directive (CSDDD) is poised to reshape the European corporate landscape significantly.

In April 2024, the European Parliament endorsed the CSDDD, marking a pivotal advancement in sustainable and ethical corporate conduct.

The Common Reporting Standard (CRS) has significantly impacted financial institutions (FIs) globally, aiming to enhance tax transparency and cooperation among jurisdictions. Taiwan's Ministry of Finance, in a report issued in May 2024, highlighted several ongoing deficiencies in Taiwanese financial institutions' adherence to these requirements.

In the age of enhanced due diligence, knowing your customer has evolved from a simple onboarding task to the lifeblood of a compliant, modern...