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

By Hugo Chamberlain
On: 17 September, 2024,
Categories: KYC

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

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The Perils and Promise of Using Generative AI for KYC Screening

AI

4 October, 2024

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

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KYC Screening Private Banks: The Sharp Edge of the Mountain

KYC

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.

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

Adverse Media | Continuous Monitoring | KYC

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. 

Best Practices and Strategies for Adverse Media Screening: A KYC Imperative 

Adverse Media | KYC

15 August, 2024

In recent years, adverse media screening has become a critical component of Know Your Customer (KYC) screening processes. If financial institutions want to stay ahead of potential risks and maintain compliance, they must adopt strategic approaches.

The Evolution of KYC Screening into Integrity Screening: Beyond Financial Risks 

KYC

26 June, 2024

Know Your Customer (KYC) processes have traditionally been the backbone of financial institutions’ efforts to prevent money laundering, terrorist financing, and other financial crimes. Historically, KYC screening focused primarily on identifying red flags such as suspicious transactions and connections to criminal activities.  

smartKYC ranked as ‘Category Leader’ in Chartis RiskTech Quadrant® Report for Watchlist and Adverse Media Solutions 

Company updates

24 June, 2024

smartKYC, the world’s most advanced enterprise solution for due diligence automation, is pleased to have ranked as a ‘Category Leader’ in Chartis’ RiskTech Quadrant®, as part of their Watchlist and Adverse Media Solutions 2024 Report.

smartKYC Announces ISO27001 Certification Validating its Robust Information Security Management 

News

24 May, 2024

smartKYC, the world’s most advanced enterprise solution for KYC due diligence automation, today announced it has achieved ISO 27001 certification for information security.

smartKYC wins ‘Best ESG KYC surveillance provider’ at ESG Insight Awards 2024

Awards

14 May, 2024

smartKYC is proud to announce that we have won ‘Best ESG KYC surveillance provider’ at the ESG Insight Awards 2024, for their product, smartEYE. 

Meet us at World Procurement Congress 

Events

14 May, 2024

smartKYC will be exhibiting at stand 13 at World Procurement Congress at the InterContinental London – The O2, from 15-16 May.