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5 Ways To Improve Transaction Monitoring In Fintechs

According to Statista, worldwide fintech revenues amounted to €92 billion in 2018, and this is expected to grow at an average rate of 12% to reach a value of €188 billion by 2024. This make transaction monitoring in fintech a key issue.

Financial Crime & AML
28 Jul 2023

What are the Differences Between UK and EU Regulations

The European Union has introduced several pieces of AML legislation that are then implemented by member states as part of their domestic regulation. The UK chose to opt out of the sixth anti-money laundering directive (6AMLD) and has implemented its own AM

Financial Crime & AML
28 Jul 2023

5 Ways AI Can Boost the Regtech Onboarding Process

Regulatory technology (‘regtech’) is an industry that’s projected to grow by 23% and 25% year-on-year between 2018 and 2023, resulting in a global market size of US$33.1 billion by 2026.

AI & Innovation
28 Jul 2023

What is AML Transaction Monitoring?

AML transaction monitoring is a process that helps prevent money laundering, fraud, terrorist financing, and other types of financial crime. Although each transaction monitoring solution will operate slightly differently, essentially they monitor customer

Financial Crime & AML
28 Jul 2023

6 Key Elements to Power a True Bankwide Digital Mindset

The entire financial services sector has come to an inflection point. With COVID-19 now complicating what was already a powder keg of regulatory pressure and ineffective manual processes, financial institutions are looking for ways to boost efficiencies an

KYC & Due Diligence
28 Jul 2023

3 Key Challenges of Implementing a Cloud infrastructure?

We have seen during the course of this series of blog posts that the financial sector has, by and large, been slow to adopt cloud technologies. In this post, Colin Sweeney, VP Client Operations for Fenergo, looks at some of the challenges of implementing a

AI & Innovation
28 Jul 2023

5 Key Benefits of Adopting Cloud Infrastructure in Financial Institutions

In aprevious post, we explored the trends and drivers for financial institutions (FIs) towards a cloud-based environment. In this post, Niall Twomey, CTO for Fenergo, looks at five key benefits that FIs can realize bymigrating their IT to the cloud.

AI & Innovation
28 Jul 2023

3 Trends and Drivers for Adopting Cloud Infrastructure

We’re at a fascinating moment in the financial services sector’s adoption of cloud technology. Industry reports highlight the unequal pace of change between early adopters and those who are slower to investigate the cloud route – often due to a perceived l

AI & Innovation
28 Jul 2023

What is Sanctions Screening and Why is it Important?

Sanctions screeningis a critical control primarily implemented by financial institutions to detect, prevent, manage, and mitigate financial crime risks.

Financial Crime & AML
28 Jul 2023

4 Ways to Ensure New Technology FITS With Your Legacy Architecture

It goes without saying that for commercial, business and retail banks, the digital experience is becoming synonymous with the customer experience. If banks want to keep up with the megabanks in the industry, they will need to adopt a more digital approach.

AI & Innovation
28 Jul 2023

Untangling the Spaghetti Junction: Digital Client Onboarding for Asset Managers and Asset Servicers

Despite the massive push for innovation and digitalization in the financial services industry, there are large gaps remaining for manyAsset ManagersandAsset Servicers. Manual processes such as spreadsheets and hard copies of data and documents are still co

Wealth & Asset Management
28 Jul 2023

5 Key Challenges Impacting the HNW Client Experience in Asia-Pacific

It is estimated that HNW client wealth will exceed $42 trillion by 2025 in APAC making this region the world leader in HNWI population and wealth. Yet, despite high returns on investment, Asia-Pacific HNW client satisfaction with their wealth management fi

Wealth & Asset Management
28 Jul 2023

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