Top 10 Compliance Challenges in 2020

By |2020-01-31T10:39:31+03:00January 31st, 2020|

Top 10 Compliance Challenges in 2020 As the financial world gets more and more regulated everyday, organizations are facing greater burden and stress to keep up with the pace of alterations and to comply with the evolving regulations. In 2020, the challenges of regulatory compliances will require a more technology and user-centered strategies since [...]

AML Hot Topics for 2020

By |2019-12-24T12:06:13+03:00December 24th, 2019|

AML Hot Topics for 2020 Throughout 2019, new regulations were brought into force to enhance the scope of the AML compliance. In this ever-changing and demanding regulatory atmosphere, financial institutions, which are expected to adapt themselves and their systems to the needs of the evolving and competitive financial ecosystem, spent billions of dollars to [...]

Fineksus and Neterium partner for AI-driven AML

By |2019-10-20T00:24:13+03:00September 20th, 2019|

Fineksus and Neterium partner for AI-driven AML For years, banks and regulated entities have been using solutions designed in the last decade, with low efficiency having a devastating effect on compliance costs, and only a marginal real impact on illegal activity. The current technology stack, including machine learning, standard APIs and cloud deployment, allows [...]

Compliance Day Istanbul 2019

By |2019-09-11T16:40:08+03:00September 11th, 2019|

Compliance Day Istanbul 2019 Here you can find a brief summary of our Compliance Day Istanbul 2019 event. Compliance for Fintech After the opening speech, the first session started with our speakers: Tarik Tombul, Erdost Pehlivan, Ufuk Sinel and Fatma Atila. They discussed Fintech compliance. Tarik Tombul explained that the compliance process was introduced [...]

Achieving Standardization in KYC (Know Your Customer) Compliance

By |2019-07-26T13:55:21+03:00July 26th, 2019|

Achieving Standardization in KYC (Know Your Customer) Compliance What is KYC? KYC (Knowing Your Customer) is the process that is designed to identify the clients of a business and evaluating their profiles for the compatibility to prevent any illegal transactions. KYC is commonly used in bank regulations for financial crimes and especially in anti-money [...]

How to Build Fintech AML Compliance

By |2019-05-20T19:05:05+03:00May 20th, 2019|

How to Build Fintech AML Compliance Every financial technology (Fintech) start-up has its own core focus on answering a problem in the financial industry. However, after starting the company, the focus begins to get distracted as many other problems about running a business begin to occur. Instead of focusing on improving the product, [...]

How the Financial Services Industry Can Respond to the Regulatory Spotlight

By |2019-04-19T13:46:09+03:00April 17th, 2019|

How the Financial Services Industry Can Respond to the Regulatory Spotlight The financial services companies are innovating the whole financial industry, from increasing the speed of services to offering more added value to customers.  However, they don’t operate independently of  the circumstances that affect traditional  financial institutions. In many countries, financial services companies [...]