Tag: regulatory compliance
Fraud detection in FinTech: The battle against synthetic identity theft
RegTech firm Flagright recently shone a light on the topic of fraud detection in FinTech, with a battle against synthetic identity theft ongoing.
Ascent and Diligent team to streamline regulatory compliance in FinTech sector
Ascent, a solution aimed at simplifying and streamlining regulatory compliance, has entered into a strategic partnership with Diligent.
Large language models in FinTech: A boon or bane for compliance...
The technological revolution is making the job of compliance officers increasingly intricate. From record-keeping to monitoring approved communication channels and adapting to the ever-changing world of social media advertising, the list of challenges seems endless. A burning question for many is the potential influence of large language models (LLMs) on their profession. Will LLMs simplify their tasks or add complexity?
Eventus on enhancing financial compliance through strong team collaboration
An innovative collaboration approach to financial regulation is being advocated by Eventus, a leading regulatory technology (RegTech) firm, in their latest 'Compliance in Focus' series.
Smurfing in money laundering: How Flagright’s AI tools are reshaping the...
Dive into the intricate world of smurfing, a subtle form of money laundering, and learn about the transformative role Flagright's AI-powered tools are playing...
Key considerations for scaling fraud prevention systems
In the data-driven epoch, secure, adaptable, and scalable fraud prevention systems hold immense significance, especially for financial institutions handling sensitive data and massive amounts...
Navigating the challenges of XML methodology in EMIR reporting
The upcoming deadlines for applying changes to EMIR reporting for both the EU and the UK are fast approaching, with the EU's date set...
Transforming finance with dynamic risk assessments
Unlocking the potential for commercial success, dynamic financial crime risk assessments offer a multitude of benefits for financial institutions. Acuminor, a RegTech company explained...
Using financial crime risk assessment as a strategic tool for business...
In the high-speed and complex financial landscape we find ourselves in today, one of the most significant hurdles to overcome is the ever-present threat of financial crime. Acuminor has outlined how firms can leverage risk assessment processes to boost optimization, customer satisfaction and competitive advantage.
The role of AML audits in enhancing regulatory compliance
In a recent post by Alessa, the firm outlined the role of AML audits in enhancing regulatory compliance at companies.
