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

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

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

The emergence of Natural Language Processing (NLP) technologies offers a promising solution to revolutionise KYC procedures, enhancing efficiency, accuracy, and compliance.

smartKYC is proud to announce that we have won ‘Most Innovative Supply Chain Risk Management / Know Your Vendor Initiative’ at the A-Team Insight Innovation Awards 2024.

smartKYC is proud to announce that we have won ‘Best Financial Crime Solution’ at the RegTech Insight APAC Awards 2024. 

It is now obvious that the theme of ESG is close to the top of most corporate agendas. Typically, companies will think about ESG from two perspectives: 1) measuring their own credentials, such as sustainability, ethical behaviour, etc. and 2) evaluating the investments they make. 

Four years ago, we posited in our white paper, Eyes Always Open, published in Money Laundering Bulletin, that best practice guidance on KYC screening would soon include perpetual monitoring of adverse media as opposed to just screening at onboarding and re-screening at intervals.

In the realm of financial services and beyond, ‘Know Your Customer’ (KYC) has long been a foundational principle.

In a recent webinar session hosted by Ian Lawless, Head of Content Partnerships and Event Director at Procurement Leaders, Dermot Corrigan, CEO discussed how a combination of natural language processing and generative AI can do all the heavy lifting associated with due diligence discovery at both onboarding and during the lifetime of the relationship in real-time, preventing risks from gathering momentum and developing into a full-blown crisis.

As 2023 draws to a close, we reflect on the key KYC due diligence trends and challenges affecting the industry, as well as highlighting smartKYC’s company milestones and achievements, including an exciting new product launch and multiple award wins.