The 3 essential AML pillars of Travel Rule compliance 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.
Category: Technology and RegTech
Why NextGen RegTech is key to banks navigating DeFi disruption
Legacy banks vs. digital disruptors: Who wins the future of finance? Explore how digital disruptors are reshaping retail banking.
The KYC Market Guide for Banks: Compliance and Risk Management Trends 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
South Africa’s AML/CTF Amendment Bill: what matters most for accountable institutions in 2025?
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
RegTech in 2025: 6 key trends shaping the future of regulatory compliance
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
RelyComply’s leading AI solutions included in AIFintech100
We’re thrilled to have been recognised as a pioneering platform utilising artificial intelligence technology (AI) in Fintech Global’s annual AIFintech100 list for 2024: the premier showcase of powerful AI partners for financial services companies. This year may be the most vital time for Financial Institutions (FIs) to get to grips with AI. Not only is the understanding … Continued
Streamline your Customer Onboarding: Navigating KYC and CDD using Innovative Technology
Striking the right balance between providing a seamless customer onboarding experience and ensuring robust compliance measures can be a delicate endeavour. This article explores strategies and best practices for streamlining the KYC/CDD process that can enable businesses to navigate anti-money laundering (AML) regulations while still enhancing the overall customer experience. The Regulatory Landscape: Understanding KYC and CDD … Continued
RelyComply’s AML innovation recognised by the newly launched FinCrimeTech50
We’re proud to announce that RelyComply has been included in the first edition of the FinCrimeTech50 list, founded by specialist research company FinTech Global. The list celebrates trend-setters and pioneering technology companies reinventing the anti-money laundering (AML) and fraud prevention space. The timing is perfect: an estimated 50% of financial institutions are searching for new solutions … Continued
Revolutionising AML Compliance: The Impact of AI-Powered Transaction Monitoring
Advancements in RegTech are having a crucial effect on financial services’ approach to achieving AML compliance. Automation processes can provide accurate real-time risk alerts and continuous KYC, reducing manual work and, more importantly, the threat of laundered money moving through the system. Fuelling this tech revolution is AI, whose generative functions are reshaping operational processes … Continued
Leveraging AI for Continuous KYC Monitoring
Concerning anti-money laundering (AML), financial institutions face increasing pressure to stay ahead of sophisticated financial crime tactics and stringent regulatory requirements. Traditional periodic know-your-customer (KYC) reviews are no longer sufficient – customer information can become outdated quickly, leaving institutions vulnerable to financial crimes and non-compliance risks. Enter perpetual KYC (pKYC), also known as continuous KYC monitoring, a game-changing … Continued