smartKYC wins ‘AI Technology of the Year’ in the 2023 Business Awards UK’s Technology Awards
We have won the award for ‘AI Technology of the Year’ in the 2023 Business Awards UK’s Technology Awards!
smartKYC wins ‘Best Regulatory Intelligence Solution’ in the RegTech Insight Awards USA, 2023
We have won the award for ‘Best Regulatory Intelligence Solution’ in the RegTech Insight Awards USA, 2023!
Curated profiles versus ‘live’ adverse media screening: a comprehensive comparison
A crucial component of risk management is the practice of adverse media screening, which involves scrutinising entities for negative news and potential red flags.
smartKYC wins ‘Best KYC & Client On-Boarding Solution’ in the Data Management Insight Awards USA, 2023
smartKYC is proud to announce that we have won ‘Best KYC & Client On-Boarding Solution’ in the Data Management Insight Awards USA, 2023!
smartKYC wins ‘Most Pioneering RegTech Provider 2023’ in the Greater London Enterprise Awards 2023
We are proud to announce that we have won an award for ‘Most Pioneering RegTech Provider 2023,’ in the Greater London Enterprise Awards 2023.
How Multilingual NLP in adverse media screening can help unmask modern slavery
Multilingual NLP in adverse media screening can help unmask modern slavery
A guide to utilising AI for advanced adverse media screening
From manually reviewing news articles to using natural language processing (NLP) to analyse open source data online, adverse media screening processes have changed substantially in recent years. But the goal remains the same: to protect your institution and your customers from potential risk and improve KYC processes. With AI solutions, that goal is now significantly more attainable.
A Guide to KYC Screening in Private Banking and Wealth Management
The current role of KYC screening in PBWM KYC screening plays a crucial role in PBWM industry, ensuring compliance with regulations, mitigating financial risks, and maintaining the integrity of the financial system. As the industry evolves, the adoption of digital KYC screening processes becomes increasingly important to streamline operations. However, this sector faces unique challenges
A Brief History of Adverse Media Screening
Adverse media screening dates back several decades and has evolved alongside the changing media landscape.
Structuring the Unstructured: The Challenges of Screening Open Source Intelligence
KYC (Know Your Customer) screening is an essential process for businesses to identify and verify their clients’ identities as well as surfacing any potential risks associated with them. This process helps mitigate the risk of financial fraud, money laundering and other illegal activities by following KYC regulations. The information gathered during KYC screening can come from various sources, including both structured and unstructured data sets; processing these data sets presents several difficulties that businesses must overcome.
GDPR and KYC – Living Together in Perfect Harmony?
The General Data Protection Regulation (GDPR) and Know Your Customer (KYC) screening are two important regulatory frameworks in the world of data protection and financial services. GDPR and KYC screening can conflict in several ways, particularly in relation to the collection and storage of personal data. However, it is mandatory for organizations to comply with both by carefully balancing the requirements of each and taking appropriate measures to protect personal data.
Negative News Screening: Processing Foreign Languages
As we addressed in our latest adverse media post, there is an array of categories—and subcategories— of negative news screening that need to be properly screened for accurate and relevant results. But how do people look for and analyse adverse media in foreign languages? And why is this still so difficult?