RegTech Insight AML, KYC & Financial Crime The latest content from across the platform
Recorded Webinar: Overcoming the Barriers to Implementing RegTech Solutions: The View from Either Side of the Fence
RegTech holds the promise of targeted, agile and often low-cost solutions to the real-world problems faced by financial institutions across the board. So why is it so difficult to get RegTech projects off the ground? RegTech solutions providers complain that it’s difficult to get access to decision-makers, and even when they do it’s tough to…
EU Launches Dedicated New Unit in Financial Crime Crackdown
The EU has set up a new division to fight an expected surge in financial crime and money laundering as a result of the coronavirus crisis, with a focus on the protection of public funding. The unit has been set up in response to the potential increase of financial and economic crime and the involvement…
Are You Ready for RegTech Virtual 2020?
We’ve only got a week to go, and our brand new and fully virtual RegTech Summit is fast approaching. One of the most innovative, exciting and engaging platforms we have ever worked on, we are delighted to bring you two days of unique, insightful and cutting edge content on the most pressing regulatory challenges of…
Nasdaq Ventures Invests in AML Specialist Caspian
Nasdaq Ventures, the investment arm of Nasdaq, has taken a minority stake in Caspian – a UK-based specialist in automated AML investigation technology and the winner of the RegTech Insight Award for ‘Best Regulatory Alert Management System’ 2020. With this additional funding, Caspian expects to accelerate its product expansion and scale of its automated platform, AML Investigator. Nasdaq’s market…
Kyckr to Raise A$10m Through Share Placement
Australian digital verification specialist Kyckr has confirmed plans to raise a further A$10 million (before costs) via a new share placement to institutional and sophisticated investors, woith new shares issued at $0.08 per share. Kyckr will also conduct a Share Purchase Plan (SPP) for an additional A$2m, to allow eligible existing shareholders an opportunity to…
EU Issues Warning to Member States Over 5AML
More than half of the EU’s member states have failed to fully implement the 5th Anti-Money Laundering Directive, according to the European Commission (EC). The authority has sent letters of formal notices to 17 countries – including Cyprus, Hungary, the Netherlands, Portugal, Romania, Slovakia, Slovenia and Spain – which it says missed the official implementation deadline…
And the Winner Is….
The results are in, and A-Team Group is delighted to announce the winners of our annual RegTech Insight Awards, celebrating the very best and most innovative solutions and providers within the fast-growing RegTech space. Now in their fourth year, the prestigious annual awards recognise both established solution providers and innovative newcomers, seeking to herald and…
SmartSearch Adds Facial Recognition Feature in Response to COVID-19
Yorkshire-based AML specialist SmartSearch has introduced a new facial recognition feature to its one stop shop’ Know Your Customer (KYC) and AML platform, in response to restrictions on ID verification due to COVID-19. The automatic verification platform enables clients to perform full electronic ID verification and screening remotely, reducing the impact on firms from current…
Kompli-Global and ComplyAdvantage Partner on Financial Crime
ComplyAdvantage has become the latest provider to add to the Kompli-QED remote corporate onboarding platform, in a strategic partnership between the two firms to fight financial crime and money laundering. Kompli-QED is a remote onboarding platform that combines proprietary solutions with best-in-class third party offerings. “ComplyAdvantage significantly enhances the platform with real-time sactions and PEP…
FATF Echoes SmartSearch in Call for Digital Onboarding
The Financial Action Task Force (FATF), a multinational body that sets a global approach to fighting money laundering and financial crime, has backed a call by UK-based anti-money laundering software specialist SmartSearch urging businesses to employ digital customer onboarding processes during the coronavirus lockdown. SmartSearch stresses that firms relying “outdated paper-based ID checks” should switch…