CategoriesAdverse MediaAIAMLAwardsConferenceContinuous MonitoringESGExplainable AIFintechGDPRJargon BusterKYCNew HireOnboardingPartnershipRegtechUBOXAI
Automated Enhanced Due Diligence Using AI
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 Wins Two Prestigious Awards
smartKYC’s contribution to the due diligence industry results in awards across several disciplines, including technology, AI and ESG.
smartKYC’s response to Wolfsberg Guidance on Negative News Screening (NNS)
Earlier this month, The Wolfsberg Group published its guidance on Negative News Screening (NNS). They “developed this Guidance to assist FIs in establishing their NNS framework in support of Financial Crime Risk Management.”
smartKYC wins ‘Best Know Your Customer Solution’ in RegTech Insight Awards – Europe, 2022
We are very honoured to announce that smartKYC has won the award for ‘Best Know Your Customer Solution’ at the RegTech Insight Awards – Europe, 2022.
smartKYC are the winner of the Explainable AI Award 2022
We are very pleased to announce that we have won in the Computing Awards for the third year in a row, this time in the category of ‘Explainable AI.’ These prestigious awards recognise the best companies, individuals and projects in the AI space today.
Jargon Buster: Entity Resolution
What is entity resolution and why is it important?
When carrying out Know Your Customer (KYC) screening, a challenge many organisations face is determining whether data refers to the same entity or multiple, different entities. Entity Resolution (ER) is a technique that allows you to know if real-world entities are linked—or not. Once the entities have been determined as equivalent, a common identifier is added, linking the different records. This enables you to create unique customer profiles and avoid duplication.
smartKYC: Computing Awards finalists for the third year in a row
We are honoured to be finalists in the Computing AI & Machine Learning Awards again this year in the categories of ‘The Most Innovative Use of AI’ and ‘Explainable AI Award.’ These prestigious awards ‘recognise the best companies, individuals and projects in the AI space today.’
How smartKYC helps mitigate ESG risk
ESG is very topical at the moment but there continues to be confusion around the term and what it means for organisations when it comes to risk.
Adverse Media Screening: What it is and Why it Matters
Adverse media screening is a critical part of any effective anti-money laundering (AML) program. It involves screening individuals and entities against negative news articles and other sources of potentially damaging information to identify potential risks and compliance issues.
Jargon Busters: Multilingual NLP
What is Multilingual NLP? Multilingual NLP (Natural Language Processing) is a technology that incorporates linguistics, computer science, and artificial intelligence to process and analyse large amounts of natural human language in various contexts.
Key Trends & Dates for AML Regulation for 2022
One thing that is for certain in 2022 is that globally we can expect to see further AML regulations, particularly in the crypto and digital financial market space. Last year, we saw a key shift in focus to digital financial markets, with the EU’s 6th Anti-Money Laundering Directive (6AMLD) now incorporating virtual asset service providers (VASPs).
Adverse media v privacy
An expert opinion piece from smartKYC CEO, Dermot Corrigan