Tag: Financial Crime Compliance

As 2025 unfolds, financial institutions face an evolving array of challenges. The recent Executive Perspectives on Top Risks Study conducted by Protiviti and NC State University, which garnered insights from over 1,200 board members and executives, sheds light on the primary concerns encompassing financial crime compliance, AI integration, and increasing regulatory oversight.

Financial institutions are grappling with increasingly sophisticated financial crimes, ranging from money laundering to sanctions evasion.

Key European RegTech investment stats in 2024: European RegTech deal activity halved in 2024 YoY UK firms dominated the European RegTech marketplace completing a...

The Financial Conduct Authority (FCA) has been actively working to promote safe and responsible AI adoption in the UK financial sector. Last year, it published its AI Update to encourage outcomes-focused AI models. To further this initiative, the FCA recently launched its AI Lab, a collaborative platform for firms, stakeholders, and regulators to discuss AI use cases, share insights, and foster innovation while ensuring compliance.

Key European RegTech investment stats in 2024: European RegTech deal activity halved in 2024 YoY UK dominated the European RegTech space completing six of...

RZOLUT, a leading RegTech company specialising in financial crime and compliance solutions, has announced a successful funding round, raising $1.25m.

As financial institutions navigate an increasingly complex regulatory environment, many are finding that cloud technology offers a reliable solution for future-proofing compliance efforts. The move to cloud-based financial crime compliance not only enhances agility but also helps institutions meet stringent regulatory requirements more effectively.

In July 2024, the FCA initiated a crucial dialogue within the financial sector by opening a consultation aimed at refining the treatment of PEPs.  According...

Unlocking AML capabilities: How graph databases revolutionise financial crime detection

Napier AI has announced the appointment of Warren Zafrin as its new chief technology officer (CTO).