RegTech Insight Financial Crime, KYC & AML The latest content from across the platform
Ataccama Gathers Data Capabilities into Focused EU AI Act Package
As the implementation date for the European Union’s AI Act looms, financial institutions are having to put their data estates on a secure footing to ensure they comply with the wide-ranging regulation. The Act requires organisations to have a broad and granular view of their data in order to show that they can trace any…
FIS and Anthropic Target AML Investigations with Agentic AI
FIS is working with Anthropic to bring agentic AI into banking operations, starting with a Financial Crimes AI Agent designed to support anti-money laundering investigations. The agent is intended to assemble evidence from bank systems, evaluate activity against known typologies and surface higher-risk cases for investigator review, with BMO and Amalgamated Bank among the first…
UAE Central Bank Taps Norbloc for Nationwide e-KYC Platform
The Central Bank of the UAE (CBUAE) is developing a nationwide electronic Know Your Customer (e-KYC) platform with Norbloc AB, creating a unified national approach intended to reduce duplicated ‘customer due diligence’ across the country’s financial sector. The initiative forms part of the CBUAE’s Financial Infrastructure Transformation (FIT) Programme and is designed to support more…
FCA and Turing Institute Collaborate on Synthetic Data to Advance AML Detection
The Financial Conduct Authority has published a research note from its synthetic data anti-money laundering project, an initiative that began in autumn 2024 and was developed with the Alan Turing Institute, Plenitude Consulting, and Napier AI to create a synthetic dataset for AML detection testing. The paper marks the culmination of that work to date…
Sumsub and ComplyAdvantage Deepen AML Screening Partnership as Compliance Demands Rise
ComplyAdvantage and Sumsub have partnered to tighten AML screening by combining Sumsub’s verification and monitoring environment with ComplyAdvantage’s Mesh intelligence layer. The result is a more integrated compliance workflow that brings together customer and business verification and screening within a single platform. For Sumsub users, the partnership adds ComplyAdvantage’s screening intelligence directly into existing workflows,…
FinCEN Overhauls AML and CFT Rules with a New Effectiveness Standard
Published April 7, 2026, FinCEN’s latest Notice of Proposed Rulemaking (NPRM) is a sweeping overhaul of anti-money laundering (AML) and countering the financing of terrorism (CFT) programmes, recasting them around effectiveness, risk-based design and the fight against illicit finance. “For too long, Washington has asked financial institutions to measure success by the volume of paperwork…
smartKYC QnA: Accelerating Due Diligence at Scale
Hugo Chamberlain is the chief commercial officer of UK-based smartKYC, which has been automating the KYC process since 2014. Data Management Insight spoke to Hugo to find out how the company is helping financial institutions streamline their onboarding processes. Data Management Insight: Hello Hugo. When was smartKYC created and how does it serve financial institutions?…
ThetaRay and Matrix USA Target AML’s ‘Last-Mile’ Modernisation Challenge
Financial institutions facing intensifying regulatory expectations around anti-money laundering (AML) analytics are exploring ways to introduce advanced detection capabilities without dismantling long-established compliance infrastructures. A newly announced partnership between ThetaRay and Matrix USA targets this challenge, positioning AI as an overlay rather than a wholesale replacement for existing transaction monitoring systems. Regulatory momentum is accelerating…
FinScan and Nexus AML Partner to Scale Data-First AML Operations
Financial institutions have long invested heavily in transaction monitoring, sanctions screening, and KYC controls, yet many compliance teams continue to confront a more fundamental obstacle: the quality of the data that feeds those systems. Poorly structured or incomplete customer and transaction data can generate large volumes of alerts and manual investigation work, stretching already pressured…
Grant Thornton UK Modernises Client Onboarding with Fenergo CLM
Grant Thornton UK is moving to modernise its client onboarding and due diligence processes through the deployment of Fenergo’s client lifecycle management (CLM) platform. The initiative reflects a broader shift among professional services firms toward centralised onboarding architectures that bring know-your-customer (KYC), due diligence and engagement acceptance into a unified workflow. The new platform is…