Tag: regulatory compliance
How Theta Lake’s integration with Verizon transforms SMS compliance
Verizon has long been a leading carrier in business communication, particularly in the financial services sector. With over 99m postpaid connections, Verizon’s robust network facilitates vital communication channels, especially through SMS, which is critical for transaction alerts, client communications, and internal coordination within financial institutions.
Evolving strategies in transaction monitoring for enhanced financial security
Risk-based transaction monitoring represents a proactive method aimed at detecting financial crimes by closely analysing financial transactions to unearth potentially fraudulent patterns or signs of money laundering.
How modern firms can adapt to off-channel communication rules
In the modern interconnected business landscape, the proliferation of communication platforms demands that companies vigilantly monitor and manage various communication channels. According to ACA Group,...
Sopra Banking Software partners with Finom to boost compliance in French...
Sopra Banking Software (SBS), a leader in providing integrated banking software, announces a strategic partnership with Finom, a cutting-edge financial services provider dedicated to SMEs and entrepreneurs.
Navigating cybersecurity and AML: Strategies for financial firms
Money laundering and financial crimes pose large risks to financial firms, both from a reputational and regulatory perspective. These criminal activities can manifest in...
HCLTech’s success with BOT and BOOT in Eastern Europe and India
HCLTech has revolutionized the way businesses expand internationally through its innovative Build-Operate-Transfer (BOT) and Build-Operate-Optimize-Transfer (BOOT) models.
The critical role of perpetual KYC in modern risk management
In today’s rapidly changing regulatory environment, financial institutions are under increasing pressure to manage risks effectively.
Instinct Digital secures £5m from AlbionVC to enhance investment reporting tools
Instinct Digital, a leading SaaS provider known for its advanced investor reporting solutions, has successfully closed a £5m Series A funding round.
Rising regulatory challenges propel the necessity for robust entity verification
In today's intricate business environment, understanding the entities with which companies conduct business is becoming increasingly vital.
How CSR and ESG differ and why they’re crucial for business...
In the modern business landscape, the distinction between CSR and ESG practices is becoming increasingly significant.