RegTech Insight Financial Crime, KYC & AML The latest content from across the platform
Five Misconceptions About KYC Compliance in 2020
By Ian Henderson, CEO, Kyckr. Know Your Customer compliance suffers from a problem of unintentional secrecy. Everyone knows that organizations are responsible for meeting their KYC and AML obligations and keeping up with KYC best practices, but that’s becoming harder and harder to do. KYC is not simply a matter of going down a list and…
Kyckr Launches Company Watch
San Francisco-based RegTech firm Kyckr this week launched the international rollout of its new SaaS technology platform, Company Watch, which gives clients notification of material changes at a frequency that suits them, enabling them to move from periodic to perpetual, event-driven KYC and remove unnecessary customer interaction. The launch expands the firm’s KYC solutions suite from…
Kompany Joins TruNarrative App Store
RegTech platform TruNarrative has partnered with business verification & KYC specialist kompany to add the Austrian RegTech’s digital onboarding solutions to the TruNarrative App Store.TruNarrative’s partnership with the kompany data network means its customers can now access entity information directly from the primary source, reducing manual KYB processes and enabling a low friction digital onboarding…
A-Team Group Introduces 2021 Innovation Awards
Here at A-Team Group we have been working hard on plans to celebrate innovative projects and teams with the launch of our A-Team Innovation Awards. The awards are designed to reward teams that have found innovative ways to make use of new and emerging technologies to solve challenges at financial institutions in capital markets. The…
Refinitiv Acquires GIACT to Boost Risk and Compliance Capabilities
Earlier this month, Refinitiv signed a definitive agreement to acquire Giact System (GIACT), a US-based specialist in digital identity, payments verification and fraud prevention, in order to boost its existing risk and compliance capabilities. RegTech Insight spoke to the key participants in the deal to learn more. The acquisition of GIACT comes at a time…
Making the Case for Ongoing KYC: Why the Time for Change is Now
By John O’Neill, senior vice president, Silent Eight. If you work in financial services then you’re already aware that knowing your customer (KYC) is not just an essential process, it is also a legal requirement. It’s part of the essential tasks banks perform to tackle anti-money laundering (AML) and other financial crimes. Back in June…
Are You Ready for the RegTech Summit Virtual 2020?
Hope might be in sight with the advent of an effective new vaccine, but the global pandemic has changed the way we work forever, and it is becoming increasingly clear that the business environment will be irrevocably changed by the 2020 experience. Remote engagement has become more important than ever, and agility and versatility have…
RegTech Suppliers Guide 2020/2021
Welcome to the second edition of A-Team Group’s RegTech Suppliers Guide, an essential aid for financial institutions sourcing innovative solutions to improve their regulatory response, and a showcase for encumbent and new RegTech vendors with offerings designed to match market demand. Available free of charge and based on an industry-wide survey, the guide provides a…
Challenger Bank Allica Selects London Start-Up Sphonic for Financial Crime Compliance
Allica Bank, a digital challenger bank first launched in 2020 to focus on small businesses underserved by mainstream institutions, has selected a financial crime product suite from London-based Regtech firm Sphonic’s to support its compliance function. Sphonic, first formed in 2012 with the creation of its core product Workflow Manager (WFM), acts as a Data…
The Future of Transatlantic Regulatory Cooperation: Antony Phillipson
As the RegTech Summit Virtual 2020 fast approaches, we are so pleased to welcome Antony Phillipson, Her Majesty’s Trade Commissioner for North America and Consul General in New York on Day Three (November 18) for a special Keynote speech and Q&A to discuss a possible Brexit UK-US FTA and outline the future of transatlantic regulatory…