Resources
As usual with financial compliance, if you fail to spot real risk, there’s dire repercussions. In the case of blanket de-risking, there’s an even greater Pandora’s Box of implications beyond stalling financial access to low-risk entities – wrongly chasing the “ghost customers” who rely on those they bank with the most. There’s already been a … Continued
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Cybercrime is on an upward trajectory thanks to digitalisation, and that’s a worry for us all. Data infiltration can affect every consumer; access to bank accounts, but also social media profiles and stored e-commerce details ripe for identity theft or even romance scams. In that light, this Cybersecurity Awareness Month feels more timely than ever. … Continued
Preventing financial crime is something we’re always working on at RelyComply, and now with the launch into the UK, we have started to hear from Brits about the implementation of the digital ID and what that means for them. Financial services have always identified people through KYC, KYB, and AML processes – but what happens … Continued
Why the UK is the next frontier in the battle against financial crime RelyComply launching in the UK marks a new milestone for us, and is the first of many to come. With our beginnings in South Africa, we started out with a simple, albeit ambitious mission: to reduce, and ultimately end financial crime through … Continued
Luxury real estate has long been synonymous with risk. From purchasing offshore residences for tax avoidance to the seizure of properties from sanctioned individuals, housing is a hotbed of anti-money laundering (AML) focus, with criminals hiding in an industry integral to everyone, everywhere. The industry is complex even before cross-border activity is considered. Ownership structures … Continued
London, UK: Wednesday 8th October 2025; 07:00am RelyComply, a South African founded anti-financial crime platform, specialising in Anti-Money Laundering (AML), Know-Your-Customer (KYC), and Know-Your-Business (KYB) processes, has announced its launch in the UK. It plans to vastly overhaul how financial crime is combated across the country. The award-winning, end-to-end platform significantly decreases the likelihood of … Continued
Besides the negative connotations of a FATF greylisting, it’s a jolt for a nation to react and correct its AML functions from that initial failure. That is, if the efforts by the interrogated country are deemed effective in creating positive change, and a “sustained political commitment”. South Africa is currently within the zone of judgement; … Continued
There’s no beating around the bush: the financial world may feel connected, but the regulatory gaps between players paint a very different picture. Achieving a worldwide standard for anti-money laundering (AML) is tough given jurisdictional cultural differences, market competition and levels of risk attached to regions. However, without shared expertise and experience in implementing RegTech, … Continued
Executive summary: navigating the convergence of strategy, policy, and enforcement The landscape of financial crime regulation in the UK is fundamentally transforming in 2025. This is not a period of piecemeal adjustments but a strategic realignment where a reactive, volume-based compliance model is replaced by a proactive, data-driven, and judgment-based one. The core of this … Continued
Knowing that your very identity is being transferred right now across the dark web is highly discomforting. Unfortunately, it’s also highly likely. The fraudulent use of passport photos, addresses and phone numbers has been around for a long time, and in the public eye, but the newer incarnation – synthetic identity fraud – is a … Continued