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,

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

With ever-tighter regulation and the need for enhanced due diligence when onboarding both individuals and entities as customers of your firm, it is important to remember what the C in KYC stands for: client, not criminal. KYC (Know Your Client) screening has become synonymous with checking for “red flags” on a firm’s clients, with enhanced

smartKYC has triumphed at the AI & Machine Learning Awards 2020 winning the award for Best Use of AI. This comes after a run of success at award ceremonies for smartKYC in the last 12 months, having won Best AI Solution for Regulatory Compliance at the RegTech Insight Awards 2020 in May this year and Best

The combination of regulatory impetus, consumer sentiment and investor pressure has driven ESG (Environmental, Social and Governance) to the top of the corporate agenda. While companies large and small are increasingly thinking about their ESG stance, the matter is especially pressing for large multinationals and global brands. For these players, the extent of their commercial

Currently, when it comes to know your customer (KYC) requirements, the industry’s focus is mainly on the first stage of the customer relationship, with regulators prescribing thorough due diligence at the onboarding stage, augmented with the occasional periodic refresh. But in these uncertain times when fortunes and indeed reputations are being made and lost in

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