We have won the award for ‘Best Financial Crime Solution’ at the RegTech Insight APAC Awards!

It is well known that ‘adverse media’ screening is the process of searching for negative news and other data sources about an individual or company for due diligence purposes.

We have won the award for ‘Best Financial Crime Solution’ at the RegTech Insight USA Awards!

In this final article, we share our last set of best practices for Adverse Media Screening, a tool increasingly important for individuals and companies in monitoring online news and media.

We are honoured to announce we have won the award for Best ESG KYC surveillance provider at the ESG Insight Awards 2022!

This article continues with tips 4-6 for better implementing a continuous or high-frequency negative news screening programme.

Adverse media screening, sometimes referred to as negative news screening, is essentially the process of searching an individual or company for adverse news or media relating to them, which can be found in open source intelligence online.

smartKYC has pioneered the use of artificial intelligence to address the very shortcomings MAS identifies. Here we review MAS’ observations regarding areas for improvement in each of the four categories that formed the scope of its inspection, and how smartKYC has been designed to meet the challenge of each.

We are pleased to announce the launch of our smartLISTS module. smartLISTS are a better way for financial crime teams to manage and screen against their internal watchlist data.

Historically, and still in many instances, Enhanced Due Diligence was exclusively a manual process using human intelligence, but with the advent of real world uses of artificial intelligence and other innovative technologies, more and more firms are using tools to automate their EDD processes as much as possible.

smartKYC’s contribution to the due diligence industry results in awards across several disciplines, including technology, AI and ESG.