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.
In December 2024, the South African Treasury published the draft AML/CTF Amendment Bill, now open for comment. This bill aims to harmonise five key acts and strengthen commitments to deter non-compliance, which has halted the country’s regulatory status on the world stage since February 2023. Beyond that, this Amendment Bill assists South Africa in preparing … Continued
Due to its innovative capabilities, the financial world has embraced RegTech for the past few years, and adoption is growing. So much so that in 2028, the global market is expected to reach 25.19 billion USD. Much of this can be owed to the compliance burdens still faced by financial institutions. Appeasing strict regulatory watchdogs can … Continued
Our world has been built by culture. It’s an inescapable part of humankind, comprising behaviours, communication systems, customs and schools of thought. Evolving cultures stemming from ancient civilisations all the way to the present day teach us about the various ways we can solve societal problems and progress. In that regard, anti-money laundering (AML) compliance for … Continued
By Bradley Elliott, CEO Have you heard the story of Franklin D. Roosevelt murdering his grandmother? There should be an emphasis on ‘story’, as this urban myth is based on a dark joke FDR allegedly played at important receptions. Politely whispering to his esteemed guests that he’d killed his grandmother was a way to work … Continued
With financial crime on the rise, global industries are finding new ways to fight back. Regulators have had little choice but to be more stringent with legislation when the real-world impact of money laundering and terrorist financing can be so worrying. Streamlining AML compliance is more important than ever. The financial world finds itself in the … Continued
As the world becomes increasingly digital, the financial landscape has undergone a significant transformation. The rise of new technologies has brought many benefits to the financial sector, but it has also created new challenges, particularly when it comes to Anti-Money Laundering (AML) compliance. With the volume and complexity of financial transactions growing each day, businesses … Continued