Tag: SmartSearch

SmartSearch has announced a strategic partnership with Daon to enhance identity verification through the SmartDoc platform. The collaboration aims to strengthen customer onboarding processes for...

Buying a home is a significant milestone, but the process can be fraught with complexity—especially when it comes to anti-money laundering (AML) checks. As...

The Economic Crime and Corporate Transparency Act 2023 (ECCTA) is a landmark regulation designed to strengthen the UK’s fight against financial crime and improve...

In an age of heightened financial scrutiny, RegTech is rapidly reshaping compliance norms. Yet, one of its most potent tools—adverse media screening—often flies under...

When criminal organisations generate illegal profits, they must clean or ‘launder’ the money before it can be safely used in the legitimate economy. This...

Money laundering remains a significant threat to financial systems worldwide, not only as a crime in itself but also as a key enabler of serious criminal activities such as drug trafficking, human smuggling, and terrorism. Consequently, it is critical for all businesses handling substantial sums of money to implement robust AML procedures.

Whilst the origins of the RegTech sector are to be found in the challenges posed to the financial sector post-2008 financial crisis, the future of the RegTech sector is being built today. With new technologies and regulatory requirements leading to innovation and disruption in equal measure, the RegTech sector is facing an inflection point.

In 2025, the RegTech industry is a thriving and growing sector, with more financial institutions than ever turning to regulatory technology to make sense of growing regulatory burdens and ensure their ongoing compliance.

As we look further into 2025, the landscape of regulatory compliance is becoming increasingly complex.

In a webinar hosted in collaboration with the LSEG, SmartSearch delved into the transformative impact of data-based IDV on the KYC protocols.