Private banks and wealth managers face unique KYC screening demands. Their clients will often require a more enhanced background check due to their association with certain jurisdictions or sectors, the sophistication of their banking and investment needs or their raised public profile.

Financial institutions face the challenges of achieving seamless client onboarding and ever evolving regulatory hurdles due to huge work loads, expensive staffing costs and inefficiencies caused by outdated processes and human error.

LONDON, UNITED KINGDOM: 14 July 2021 – smartKYC, the world’s most advanced enterprise solution for KYC due diligence automation, has announced a strategic, data partnership with kompany, the global RegTech platform for business verification and Business KYC (KYB) for AML compliance.

Automation is vital in the modern financial services world, simplifying regulatory compliance and handling enormous amounts of data.

smartKYC is delighted to announce that we have been shortlisted in FIVE categories at the RegTech Insight APAC Awards 2021.

The Computing AI & Machine Learning Awards recognise the best companies, individuals, and projects in the AI space today. The awards cover every corner of the industry: security, ethics, data analysis, innovation and more, as well as showcasing the movers and shakers: the technology heroes and projects that deserve industry-wide praise.  Tom Allen, Delta Site

smartKYC, the world’s most advanced enterprise solution for KYC due diligence automation, today announced it has been recognised by the RegTech Insight Awards 2021 Europe as the “Best AI Solution for Regulatory Compliance” award winner for a 2nd year in a row.

Over the last couple of months I had the pleasure of speaking at two events hosted by Procurement Leaders as part of its “Innovation:In” series. Procurement Leaders is a global community of senior procurement and supply chain leaders, attracting over 1000 attendees to each event in this series .

This article examines how due diligence checks wealth managers use on their clients should also include scrutinising investments in the same spirit. As ESG investing gains momentum, so must the mindset adjust accordingly. Dermot Corrigan, CEO of smartKYC, argues that wealth managers need to place the same emphasis on investment due diligence as KYC. Dermot Corrigan,

The Computing AI & Machine Learning Awards recognise the best companies, individuals, and projects in the AI space today. The awards cover every corner of the industry: security, ethics, data analysis, innovation and more, as well as showcasing the movers and shakers: the technology heroes and projects that deserve industry-wide praise. smartKYC is delighted to

Dermot Corrigan, CEO smartKYC, spoke with Stephen Hall from Procurement Leaders in the first event of their Innovation:In series – “Positive Growth”. Dermot discusses how to monitor ESG risk (investment and supplier) with a focus on AI and its capabilities. Through the use of technology, corporates can be aware of ESG transgressions as they occur.

Frictionless onboarding sets the tone for a fruitful relationship and the realities of a post-COVID world have accelerated the arrival of the future in the form of “robo-onboarding”. Hugo Chamberlain, Chief Operating Officer at smartKYC, explains how automated, paperless processes provide a foundation for a host of benefits firms can ill afford to miss out