Tag: KYC

Last week, UK Finance, the banking trade association, issued a cautionary advisory to financial institutions regarding approximately 800 suspicious filings concerning 190 companies submitted to Companies House. These filings purportedly revolve around the erroneous discharge of registered charges.

In the rapidly evolving world of financial services, compliance and market dynamics are undergoing significant transformations, driven by macro trends that are reshaping the...

TransactionLink, a pioneer in onboarding automation solutions for Know Your Business (KYB), and Know Your Customer, the award-winning Software as a Service (SaaS) ecosystem...

In a recent post by Encompass Corporation, the firm outlined what will be the future of the KYC industry in 2024.

The asset servicing industry is currently navigating through turbulent waters, marked by escalating fee pressures, rapid technological advancements, stringent regulations, and a volatile macroeconomic climate.

In the intricate world of FinTech, the geopolitical landscape plays a pivotal role in shaping compliance and regulatory frameworks. The aftermath of the Russian...

Fenergo, a leading provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring, and Client Lifecycle Management (CLM), has announced the availability of its software-as-a-service (SaaS) CLM solution on AWS Marketplace.

Plumery, a pioneering force in mobile and digital banking technology has partnered with Sumsub, a globally recognized full-cycle verification platform. 

In the rapidly evolving sectors of finance and governance, managing risk amidst vast, global networks of individuals and organizations is crucial. Leaders tasked with overseeing institutional risk exposure are increasingly looking towards innovative solutions to balance growth and risk management effectively. Enter Large Language Models (LLMs) like GPT-4 – the new frontier in AI, sparking a revolution in fields such as natural language processing (NLP). Despite the inherent risks associated with emerging technologies, the potential of LLMs to significantly contribute to future risk assessment products is becoming increasingly evident.

Onfido, a global pioneer in automated identity verification, has launched the Compliance Suite to address the pressing need for a unified identity verification solution.