Enriching Profiles in KYC Screening: The Value of Continuous Data Enhancement

By Hugo Chamberlain
On: 27 January, 2025,
Categories: AI, Continuous Monitoring, KYC

In the modern complex regulatory environment, Know Your Customer (KYC) screening is a cornerstone of compliance for financial institutions, corporations, and regulated industries.

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2024: Year in review

Company updates | News

16 January, 2025

As we wrap up 2024, we take a moment to examine the key trends and challenges that defined the KYC due diligence landscape this year. It’s been a remarkable year for smartKYC, marked by smartKYC’s innovative solutions and recognition through multiple industry awards.

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Adverse Media Screening in Multiple Languages: It’s About Context, Not Just Translation

Adverse Media

29 November, 2024

In today’s interconnected world, adverse media screening is critical for businesses, especially those involved in financial services, compliance, and risk management.

AI and the Future of KYC: Transforming the Role of KYC Analysts

Adverse Media | AI | Fintech | KYC

28 November, 2024

The role of Know Your Customer (KYC) analysts has undergone a profound transformation over the past decade, shaped largely by advances in technology, particularly artificial intelligence (AI) and more recently, Generative AI. Historically, the job of a KYC analyst revolved around manually processing large amounts of data, reviewing customer profiles, performing ID verifications, cross-referencing watchlists, conducting adverse media screening, and ensuring compliance with ever-changing regulatory standards.

smartKYC Announces Hugo Chamberlain as the Company’s Chief Commercial Officer 

News

19 November, 2024

smartKYC is proud to announce the appointment of Hugo Chamberlain as Chief Commercial Officer (CCO).

Revolutionising KYC: Insights from 1LoD’s Onboarding and KYC Deep Dive Event 

KYC | smartEYE

21 October, 2024

In an era of increasing financial complexity and regulatory scrutiny, Know Your Customer (KYC) processes have become more critical than ever.

The Perils and Promise of Using Generative AI for KYC Screening

AI

4 October, 2024

As the CCO of smartKYC, I’ve been at the forefront of innovation in due diligence and Know Your Customer (KYC) screening processes for many years.

KYC Screening Private Banks: The Sharp Edge of the Mountain

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3 October, 2024

A highly respected former boss of mine, who was a prominent British Army Intelligence analyst in his past life and an avid mountaineer in his free time, used the term ‘sharp side of the mountain’ to describe the most challenging aspect of a situation.

The Importance of Federated Search in KYC Screening: A Comprehensive Overview 

KYC

17 September, 2024

In our interconnected global economy, where financial crime is increasingly sophisticated, businesses must ensure that they comply with rigorous Know Your Customer (KYC) regulations.

Supply Chain Due Diligence: What Multinational Corporations Can Learn from Banks

Adverse Media | Continuous Monitoring | KYC | smartEYE

9 September, 2024

With an increasingly complex and regulated business environment, multinational corporations are now challenged to ensure the integrity and compliance of their expansive supply chains.

Adverse Media Screening: Key to Modern Risk Management

Adverse Media | KYC

15 August, 2024

Adverse media screening is a critical part of any effective anti-money laundering (AML) program. This process involves screening individuals and entities against negative news articles and other sources of potentially damaging information to identify potential risks and compliance issues. In this article, smartKYC’s COO, Hugo Chamberlain, gives a clear definition of adverse media screening and how it is now essential for effective modern risk management.  

Technological Advances in Adverse Media Screening 

Adverse Media

15 August, 2024

As I consider my role at smartKYC, I’m continually impressed by how artificial intelligence, specifically natural language processing, has transformed adverse media screening. My expertise centres on using this technology to improve due diligence and anti-money laundering measures, aligning with smartKYC’s innovative culture and dedication to excellence.