Tag: Financial Compliance

Crosscheck, a RegTech startup focused on revolutionising audit and certification processes, has secured $450k in pre-seed funding to expand its AI-driven compliance platform.

AI is becoming essential in the fight against financial crime, but many financial institutions still rely on legacy systems that weren’t designed to support AI-driven tools. Successfully integrating AI requires a phased, strategic approach to avoid costly disruptions and ensure compliance.

As artificial intelligence becomes increasingly embedded in the wealth management sector, the emphasis is shifting from automation to augmentation. AI is no longer seen as a replacement for financial advisors but as a valuable partner that enhances their efficiency, supports compliance, and improves client outcomes. This evolution is clearly embodied in Kidbrooke’s AI-powered solution, Kate.

In today’s financial services landscape, records management has become a complex compliance issue that firms can no longer afford to overlook. According to Corlytics,...

Financial firms relying on call recording for compliance, security, and operational insights are facing a critical deadline. Nice Trading Recording (NTR) systems will reach end-of-life (EOL) in September, putting organisations at risk of losing key data, breaching compliance requirements, and incurring greater costs without urgent action.

In the dynamic landscape of financial regulation, companies grapple with a daunting volume of regulatory texts. This continuous influx of regulations challenges even the...

Key French RegTech investment stats for 2024: French RegTech funding dropped by a fourth in 2024 There were zero deals over $100m as investors...

Muinmos has entered into a partnership with Africa Due Diligence, a UK-based provider of AI-powered due diligence and risk intelligence. This collaboration aims to...

In the US, KYB is not just a regulatory requirement but a fundamental practice critical for maintaining the integrity of financial operations and fostering trust within the business ecosystem.

6 Monks (6M) has partnered with Zeidler Group to leverage its Swiss Representative Service, streamlining the distribution of its first Luxembourg Reserved Alternative Investment Fund (RAIF) in Switzerland.