When carrying out Know Your Customer (KYC) screening, a challenge many organisations face is developing a robust and thorough adverse media screening process. In this article, we take a look at tips 1-3.

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.

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.’

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.

Dispelling The Fog & Mystique Surrounding AI

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and ever evolving regulatory hurdles due to huge work loads, expensive staffing costs and inefficiencies caused by outdated processes and human error.

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

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 .

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.