Tag: fenergo
Revolutionising fincrime detection: Fenergo CLM & transaction monitoring’s unified approach
The journey of digital transformation has been a critical focus for financial institutions (FIs). While considerable progress has been made in digitising compliance and operational processes, a significant challenge remains: addressing Financial Crime comprehensively.
Regulatory challenges in 2024: The FinTech response to AML, KYC, and...
In a recent Fenergo webinar, 'Guidance on the Global 2024 Regulatory Changes', experts delved into the regulatory trends for 2024.
Navigating KYC and AML in 2023: Trends and challenges in the...
2023 has brought forward unique challenges and trends in the KYC (Know Your Customer) and AML (Anti-Money Laundering) landscape, as revealed in a survey...
Navigating the KYC maze: How banks are tackling compliance costs in...
In 2022, Fenergo's annual research survey of global investment banks highlighted a labor-intensive environment in Know Your Customer (KYC) processes. These processes were costing banks as much as $35m annually.
Navigating the future of asset management: Digitalizing investor onboarding
The landscape of Asset Management firms has long been fraught with challenges, particularly in the arena of investor onboarding and lifecycle management. This process, characterized by an intricate Know Your Customer (KYC) procedure and the handling of vast data volumes, has historically grappled with the limitations of outdated technological infrastructures.
Fenergo uncovers soaring KYC costs for UK banks amid regulatory pressures
Fenergo's latest study has recently shed light on a concerning trend for banks in Britain and globally.
PSP growth acceleration: Overcoming compliance hurdles in the FinTech sector
The landscape for Payment Service Providers (PSPs) is rapidly evolving, with a pressing need to scale operations effectively while managing Anti-Money Laundering (AML) compliance...
Fenergo study highlights emerging risks in FinTech payments sector
Fenergo, a leading provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring, and Client Lifecycle Management (CLM), has conducted a comprehensive study on the emerging risks in the FinTech payments sector since the introduction of FedNow.
The growing pains: Why payments firms are struggling to scale in...
The rise of the digital age has brought a plethora of growth opportunities for FinTechs and non-banking financial institutions (FIs). However, many of these entities find themselves ill-prepared to harness these potential gains fully.
US economic downturn: The significance of CLM technology in 2023
Fenergo has recently argued that the economic downturn in the US market underlines a strong business case for CLM technology.
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