The concept of artificial intelligence (AI) has been in our collective consciousness for decades, mainly due to far-fetched Hollywood depictions of AI-powered killer Terminators, i-Robots and Replicants. These fictional portrayals, twinned with outspoken views from technology titans like Elon Musk and Professor Stephen Hawking, have led to some pretty fearful views of this powerful technology.

In 2004, a colleague and I had the idea of building a search string of negative words in several languages and applying that to a corpus of news content to support our banking clients with their KYC efforts. Thus was born the world’s first adverse media search tool, Lexis Diligence, and quite some time before

How can just searching for ‘adverse media’ on your customer mean you are getting to ‘know’ them at all? In this article we ask, are we really harnessing the full power of KYC technologies? With an abundance of mounting regulations, it is only natural that Know Your Customer screening has been solely about searching for

smartKYC has won the award for Best AI Solution for Regulatory Compliance at this year’s RegTech Insight Awards 2020. “We are delighted to have been recognised like this by RegTech Insight and its advisory board. This award cements smartKYC’s position as a leading tech vendor in the automated KYC screening and relationship intelligence industry.” Said

Wealth management is – alas – crowded with acronyms. KYC (Know Your Client) is one of the most ubiquitous and up there with it is ESG (Environmental, Social and Governance). The terms speak to advisors’ need to understand where and how their clients made their money and, increasingly, these issues mesh together. That is certainly

smartKYC has won the award for Best Data Discovery and Catalog Solution at this year’s Data Management Insight Awards 2019. “We are delighted to have been recognised like this by Data Management Insight and its advisory board. This award cements smartKYC’s position as a leading tech vendor in the automated KYC screening and relationship intelligence industry.” Said Dermot Corrigan, CEO of

The world’s most innovative technology solution providers that address the challenges and opportunities of dealing with regulatory issues within financial services, were announced today by RegTech Analyst, a specialist research firm. The RegTech (regulatory technology) industry has established itself as one of the most important sectors within financial technology after seeing tremendous growth in the past three years. Over

The offering involves a multi-lingual semantic engine developed by smartKYC. It uses AI to aggregate relevant data, news and documents on a client. Private banking and wealth software firm Finantix, whose know-your-client offering has been developed by smartKYC, has won a major contract from Deutsche Bank Wealth Management to power its onboarding and KYC processes. Deutsche Bank has

The world’s most innovative providers of technology solutions for the global investment industry have been named on the inaugural WealthTech 100 list. WealthTech is one of the fastest growing sectors within the FinTech industry, with FinTech Global data showing investment in the space has grown five-fold since 2014 to reach $4.6bn last year. That surge in activity

The Monetary Authority of Singapore (MAS) announced that smartKYC and 59 other finalists will compete for the Global FinTech Hackcelerator and FinTech Awards at this year’s Singapore FinTech Festival. The finalists will get to showcase their innovative solutions at the Festival. This year’s finalists were selected from 514 submissions from over 40 countries, representing a cross-section

smartKYC has been chosen by the attendees of the Global Regtech Summit, taking place in London on 22 May, to demonstrate their product during one of the sessions. Twenty of the world’s most innovative startup and scale-up companies, that offer solutions in RegTech, risk management or cybersecurity, are invited to give a live demo at

AI technology specialist smartKYC have been confirmed as Diamond Sponsors for this year’s WealthBriefing European Awards, taking place on 26th April at the Guildhall in London. “The WealthBriefing European awards are the Oscars of the wealth management and private banking industry, so given our focus on using technology to deliver relationship intelligence to wealth managers