RegTech Insight AML, KYC & Financial Crime The latest content from across the platform
Accuity Promotes David Wilson to Role of MD and CEO
Accuity has promoted David Wilson to the role of managing director and CEO with responsibility to deliver innovative solutions for payments, risk and compliance, develop strategic partnerships, and deliver high quality client service. He steps up to the role after 18 months as chief operating officer (COO) at the provider of financial crime compliance, payments…
Datactics Details 2019 Plans Including Public Cloud Solutions, a Sanctions Matching Engine and a Data Quality Clinic
Datactics has made plans for 2019 that will move selected solutions into the public cloud, extend implementation of innovative technologies, create a data quality clinic, and add a matching engine for sanctions screening to its open data projects. The company is also working with clients on data-quality-as-a-service. The company’s commitment to cloud technology, initially private…
Getting eComms Surveillance Right
Demand for electronic communications (eComms) surveillance has risen in response to regulatory requirements and compliance needs to pinpoint problems such as market abuse without wasting time and resources reviewing false positives. Innovative technologies such as machine learning, natural language understanding (NLU) and other strands of artificial intelligence (AI) are improving financial services firms’ ability to…
BIG Offers Blockchain Course for Crypto Investigations
BIG Blockchain Intelligence Group (BIG), a Vancouver-based developer and provider of blockchain and cryptocurrency search, risk-scoring and data analytics tools and investigation services, claims to have launched the “world’s first” investigator-developed, eight-hour online certification course for cryptocurrency investigations. Originally created for US law enforcement officials, the course has been adapted for use by finance and…
New Hotscan360 Solution From Canada’s CGI
Anti-financial crime solutions provider CGI has launched CGI HotScan360, an enhanced version of its existing HotScan solution. CGI HotScan360 provides integrated, intelligent and real time anti-money laundering, customer due diligence and fraud detection capabilities. The platform uses a real-time risk engine to scan and score thousands of transactions per second utilising machine learning, advanced analytics…
Fintrail Solutions Launches Financial Crime Forum
US-based financial crime consultancy Fintrail Solutions has launched the US chapter of the FinTech FinCrime Exchange (FFE), a free members forum already operating in Europe which brings together a network of fintech firms to collaborate on the best practices in financial crime risk management and create a globally connected community in the fight against financial…
AML Compliance Costs US Firms $25.3 billion a Year
US institutions are paying more than $25 billion a year to comply with financial crime requirements. A survey by LexisNexis Risk Solutions, based on responses from over 150 decision-makers at banks, investment, asset management and insurance firms, suggests smaller firms are hit hardest, relative to their bottom lines, with the cost of AML compliance reaching…
Entity Data Management Handbook – Fourth Edition
Welcome to the fourth edition of A-Team Group’s Entity Data Management Handbook sponsored by entity data specialist Bureau van Dijk, a Moody’s Analytics company. As entity data takes a central role in business strategies dedicated to making the customer experience markedly better, this handbook delves into the detail of everything you need to do to…
US Regulators Urge Innovation to Combat Financial Crime
A group of US regulators have banded together to support the use of technology and innovation by financial institutions to meet their Bank Secrecy Act (BSA) and anti-money laundering (AML) compliance obligations, effectively fighting financial crime and strengthening the financial system against illicit activity. The Board of Governors of the Federal Reserve System, the Federal…
A-Team Group Names Winners of 2018 Data Management Awards
A-Team Group has announced the winners of its 2018 Data Management Awards. The annual awards, now in their sixth year, are designed to recognise leading providers of data management solutions, services and consultancy to capital markets participants. See the full list of winners below. The awards were hosted by Sarah Underwood, Editor of A-Team’s Data…