Category: AML Compliance

Managing multi-jurisdictional AML compliance at scale 2025

August 20, 2025

Given today’s globalisation, it can be easy to forget how disconnected finance once was. You do not have to go far back to remember the difficulties in wiring transfers across borders. Today, for e-commerce, investing or otherwise, international finance is instant for the modern customer. And with that, there are plenty of holes for criminals … Continued

The role of technology in scaling AML compliance successfully

August 19, 2025

A rise in customers is always welcome. It’s a shame that it can cause more problems than success for some financial institutions (FIs).  With greater power comes greater responsibility. In this case, meeting customer demand with more complex and costly compliance requirements is necessary to protect the identities of legitimate clients and spot wrongdoing consistently … Continued

Post-greylisting progress: is South Africa ready for FATF’s on-site visit?

August 13, 2025

Since being greylisted by the Financial Action Task Force (FATF) for quite some time, South Africa is close to an audit of its well-deserved delisting effort. The operative term here is ‘audit’; the first step toward greylisting removal is an inspection to deem the effectiveness of anti-money laundering (AML) and counter-terrorist financing (CTF) measures – … Continued

How dirty money still flows through banks despite AML regulations

August 13, 2025

Money laundering remains one of the world’s most pervasive financial crimes, hiding in plain sight despite decades of anti-money laundering (AML) regulations. Popular culture may dramatise embezzled funds on TV, but the reality is far worse: an estimated $5 trillion is laundered through the world’s banks every year. While the numbers are staggering, they don’t … Continued

Operational efficiency at scale: lessons for fintechs

July 22, 2025

The introduction of fintech – an umbrella term for a range of payments providers, lenders, non-banking services, and more – has seen a proliferation of accessible finance in local and global markets. Fintech has created a whole new market, rocking the status quo of the financial space. Fintech’s continuing uptake has meant dominant financial institutions … Continued

Why RegTech is your best defence against evolving financial crime

July 16, 2025

Financial crime networks are becoming increasingly sophisticated and more challenging to detect. As cross-border transactions increase in speed and volume, so does the challenge of keeping pace with the constantly evolving regulatory landscape. To combat this, regulators are enforcing tighter anti-money laundering (AML) requirements. The message is clear: if you want to stay compliant, you … Continued

The 3 essential AML pillars of Travel Rule compliance 2025

June 17, 2025

Find out why the new Travel Rule provides a lifeline in standardising the ways that crypto asset service providers and adjacent entities share user data with other financial institutions.

Why NextGen RegTech is key to banks navigating DeFi disruption

June 17, 2025

Legacy banks vs. digital disruptors: Who wins the future of finance? Explore how digital disruptors are reshaping retail banking.

Co-created AML compliance

June 9, 2025

No two compliance journeys are the same and neither is our approach. In this article, RelyComply’s Customer Success Lead, Erin Daubinet, shares how we work hand-in-hand with enterprise teams to design AML solutions that scale with their business.

The KYC Market Guide for Banks: Compliance and Risk Management Trends 2025

February 5, 2025

In 2025, Know Your Customer (KYC) solutions will become critical for banks and financial institutions seeking to strengthen their anti-money laundering (AML) frameworks. Driven by increasing regulatory demands, sophisticated financial crimes and expectations for seamless customer experiences, emerging trends like decentralised identity (DCI) and perpetual KYC (pKYC) are reshaping how financial institutions approach compliance and … Continued