We have won the award for ‘Best Financial Crime Solution’ at the RegTech Insight USA Awards!

We are honoured to announce we have won the award for Best ESG KYC surveillance provider at the ESG Insight Awards 2022!

smartKYC has pioneered the use of artificial intelligence to address the very shortcomings MAS identifies. Here we review MAS’ observations regarding areas for improvement in each of the four categories that formed the scope of its inspection, and how smartKYC has been designed to meet the challenge of each.

We are pleased to announce the launch of our smartLISTS module. smartLISTS are a better way for financial crime teams to manage and screen against their internal watchlist data.

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’s contribution to the due diligence industry results in awards across several disciplines, including technology, AI and ESG.

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.”

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. 

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.

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.

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.’

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.