Tag: financial institutions

The realm of regulatory compliance is intricate and dynamic, presenting a continuous challenge that is crucial to the operational strategies of financial institutions.

An UBO refers to an individual who, although not always officially recorded, holds significant control or ownership of a business entity, generally marked by owning 25% or more of the company.

Ross McGill, the Chairman and founder of TConsult Ltd, has a profound history in steering the company through two decades of regulatory evolution.

In the financial sector, the introduction of perpetual Know Your Customer (pKYC) practices marks a significant pivot from traditional methods such as KYC. According to...

Independent reviews are a cornerstone of a strong, risk-based BSA/AML and OFAC compliance programme.

Affinity Plus Federal Credit Union has unveiled a cutting-edge real-time payment service, a strategic move set to transform the financial transactions landscape.

European RegTech investment stats in H1 2024: UK, France and Germany retained top 3 spots for the most active RegTech markets based on number...

In the evolving landscape of financial regulation, institutions face increasing pressure to implement robust due diligence systems.

Yuze, a UAE-based FinTech focused on SMEs has successfully raised $30m in a funding round led by Osten Investments.

Finzly, a forefront innovator in payment and financial solutions, has entered into a strategic collaboration with Corpay Cross-Border, a NYSE-listed global leader in corporate payments.