Accuity Insights Blog

Know Your Customer (KYC) due diligence still involves sifting through realms of unstructured data, using manual and repetitive methods; and this is something we are helping the industry overcome. By offering our unrivalled intelligence on global financial institutions via our new Bankers Almanac: KYC API, we aim to help financial institutions with large-scale KYC operations to be more effective, drive efficiency, and make the KYC process more sustainable.

To celebrate the power of diversity, this blog series explores what diversity and empowerment means to our employees. Kicking off the series, Neela Das, Head of Innovation, offers her thoughts on working in a disruptive industry.

As 2019 gets underway, we’re taking a reflective look back at our top five most visited blogs of 2018. From Shipping to Sanctions Screening, and Faster Payments to Real Estate – we covered a number of emerging industry trends throughout last year. 1. Navigating trade finance: how should banks monitor suspicious shipping activity? Number one […]

‘Twas the night of risk and compliance, when all through fintech Not a regulator was stirring, sanctions screening had all been checked…

Responsible financial innovation. That is the clear message coming out of the 2018 G20 Summit. How can governments find the balance between driving financial innovation and their commitment to preventing and fighting financial crime? This year’s G20 Summit might have been, to some extent, overshadowed by geopolitics, but two issues stood out: An urgent need […]

This article was originally published in Paymentsjournal. In the competitive world of FinTech, data and APIs that sit behind your applications can have just as much, if not more, of an impact on a user’s experience than the overall look and feel of the site or app they’re visiting. Not to discount a really good, intuitive user […]

While consumers look forward to a weeklong frenzy of shopping around Black Friday, banks and payment service providers (PSPs) brace for a strain on payment systems and an influx of fraud and criminal activity.

The Ministry of Justice in Iceland has been preparing a new Anti-Money Laundering bill to submit to Parliament, which is expected to be approved before the end of 2018.

Regulators are getting serious about the quality of sanctions screening programmes. Institutions around the world need to be prepared, advises Sophie Lagouanelle, Head of Solutions at Accuity.

Banks desperately need to meet compliance requirements without slowing down transactions or damaging customer relationships, but KYC screening still involves sorting through huge amounts of unstructured data, using manual and repetitive processes.