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.

We have won the award for ‘Best Proposition for AI, Machine Learning’ in the Data Management Insight Awards Europe 2023

We have won the award for ‘AI Technology of the Year’ in the 2023 Business Awards UK’s Technology Awards!

We have won the award for ‘Best Regulatory Intelligence Solution’ in the RegTech Insight Awards USA, 2023!

The importance of implementing comprehensive due diligence processes cannot be overstated, particularly as global supply chains become increasingly complex.

A crucial component of risk management is the practice of adverse media screening, which involves scrutinising entities for negative news and potential red flags.

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.