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
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
They say bad news travels fast. While this may be so, for financial institutions, conducting an accurate adverse media check can, at times, feel akin to separating the wheat from the chaff. Also known as negative news screening, adverse media screening protocol is all about sourcing bad news or negative information on new and existing customers. … Continued
Doing business with a known criminal is bad for business. At least, if you’re a reputable company looking to keep your reputation intact. But, what if it is your customer who is engaging in financial activity with a suspicious party? Take, for instance, the recent US sanctioning of a number of ISIS members operating economically within South … Continued