smartKYC today announce the launch of their new product for banks: smartEYE – the ultimate defence for 24/7 risk vigilance.

smartKYC is proud to announce that we have won ‘Best KYC & Client On-Boarding Solution’ in the Data Management Insight Awards USA, 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.

Multilingual NLP in adverse media screening can help unmask modern slavery

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.

On June 1, 2023 the EU Parliament paved the way for regulation that will have fundamental implications for the way companies operating within the EU assess and monitor their supply chains for the risk of human and environmental rights violations.

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

Adverse media screening dates back several decades and has evolved alongside the changing media landscape.

We have won the award for ‘Best AI/ML Solution for ESG’ at the ESG Insight Awards!

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.

smartKYC announces Mike Byrne as the company’s new Business Development Director.

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.