LexisNexis currently work with a number of clients globally enriching their RegTech systems with our Data API's. Our data set covers Adverse News, UBO & Other Corporate Information, Financial Fragility Information, Sanctions, Watch lists, PEP and Legal Information.Please let me know if you're interested in learning more about how we may be able to help.
Some more questions that we didn't have time to consider during the presentation. Please feel free to discuss!The concept of layering regulatory data is interesting. However, is this a huge risk for organisations?How can technology effectively prevent operational risk and money laundering in the future?Identifying relevant metrics and inputs for predictive analytics can be difficult, how would you recommend going about this?What will be the future impact of tech & AI on the auditors and fraud investigators?
Some more questions that we didn't have time to consider during the presentation. Please feel free to discuss!What are the usual gaps you see in these relationships (between 1 and 2LOD)? From an evolving e-payments perspective, what are the key:Increased AML demands?Consulting needs to guide processes, financial crime knowledge & culture? Please share your thoughts on the extent to which 1st LoD feel that they really own assessments or are willing to spend time mapping controls to risk & owning remediation.
Time was short to fully cover all of the questions that were asked during the CDD panel session. The following in particular:1. Some of the 'all digital banks' have already pioneered end to end CDD processes. So it is possible that traditional banks too can, in an agile phased manner?2. Do you have any suggestions of already-available technology?Please feel free to share your thoughts and experiences
Hi Everyone!I'm a Compliance Manager at CardUp, a Singaporean Fintech Startup, and am currently trying to find a solution to help us offer a smooth and compliant on-boarding experience to our business users.The ideal solution would help us do the following with an API:- pull business profiles directly from company registries, showing general information of the company (date & place of registration, address, industry...), directors and UBO details;- screen the business and connected partiesCan you share you own experience with such providers? I'm especially interested if you have any experience with the on-boarding of Asian entities.In exchange I'm happy to share my own experience with e-KYC solutions, the payments industry, chargebacks or licensing in Singapore! Cheers, Katia