The Greater London Enterprise Awards aim to celebrate and display the very best of London’s businesses and enterprises. We are proud to have received this award for our innovations in financial crime technology.
The financial industry has faced several challenges in recent years that have made it necessary to implement perpetual KYC. These challenges include increased regulatory scrutiny, the rise of digital banking and fintech, and the growing sophistication of financial crime. Consequently, financial institutions have been forced to adopt more robust and continuous KYC measures to ensure compliance and mitigate the risk of fraud, money laundering, terrorist financing and now ESG risk.
Committed to staying at the forefront of the risk-profiling industry by offering cutting-edge technology, smartKYC overcomes these challenges by being at the frontier of injecting AI automation into the core of KYC screening processes. Through the automation of deep KYC background checks on companies and people, smartKYC uses AI to do the research “heavy lifting” that a human would normally do. To learn more about smartKYC, watch our explainer video.
smartKYC has been recognised for its innovative technology and outstanding performance by various organisations and industry experts. Here are some of the other awards won by smartKYC in the last year alone:
- Best AI / ML Solution for ESG – ESG Insight Awards 2023
The ESG Insight Awards recognise both established solution vendors and innovative newcomers providing leading ESG solutions, services and consultancy to capital markets participants.
- Best Financial Crime Solution – RegTech Insight APAC Awards 2022
RegTech APAC Awards bring together the RegTech ecosystem to explore how capital markets in the APAC region can leverage technology to drive innovation, cut costs and support regulatory change.
- Best Propositional for AI, Machine Learning – Data Management Insight Awards 2022
These annual awards recognise leading providers of data management solutions, services and consultancy to capital markets participants within Europe.
- Best Explainable AI – AI & Machine Learning Awards Computing 2022
This award goes to the company that has made the most progress in adding transparency to their AI processes.
If you would like to see smartKYC’s award-winning financial crime technology in action, book your demo today.