RegTech

Regulatory technology, is a new technology that uses information technology to enhance regulatory processes. With its main application in the Financial sector, it is expanding into any regulated business with a particular appeal for the Consumer Goods Industry. Often regarded as a subcategory under FinTech, RegTech puts a particular emphasis on regulatory monitoring, reporting and compliance and is thus benefiting the finance industry.

Harriet Christie Chief Operating Officer at Mirrorweb

The Emoji Challenge: Decoding Digital Intent in Compliance Supervision

Emojis. Once a playful sentence garnish for messages between friends, they’ve now infiltrated business communications, from Slack to Teams, SMS and even emails. And while they may seem harmless, they’re a growing compliance risk that most firms aren’t equipped to handle. In regulated industries, every piece of communication — every “thumbs up” �

07 March 2025 /regulation /wealth

Harriet Christie Chief Operating Officer at Mirrorweb

Left on Read: The Cost of Ignoring iMessage Compliance

Let’s face it: iMessage isn’t just where we share memes, plan dinner, or chat with friends anymore. It’s also where business gets done—and that’s a big deal in financial services. From quick client updates to team decisions, financial professionals have been using mobile messaging apps like iMessage to communicate for years. Convenient? Absolute

06 March 2025 /regulation /wealth

Harriet Christie Chief Operating Officer at Mirrorweb

The Hidden Cost of Inheriting Technical Debt from Your Provider

Selecting the right compliance solution is no longer just about ticking regulatory boxes. It’s about future-proofing your organization against the rising tide of risks and inefficiencies. One of the biggest threats hiding in plain sight? Technical debt—and it might already be costing your business more than you realize. According to a 2022 repor...

07 February 2025 /regulation /wealth

Benjamin Davies Head of Sales at ComplyCube

AML Compliance Professionals: The Unsung Heroes

Having worked with compliance teams throughout my professional career, I’ve always known them to be critical roles in any organization, yet they are often underappreciated. Unfortunately, commercially focused teams often deem customer due diligence merely a box-ticking exercise, a necessary evil at the inception of each customer relationship. When...

06 January 2025 /regulation /crime

Binh Dang Sales and Marketing Executive at smartKYC

AI and the Future of KYC: Transforming the Role of KYC Analysts

The role of Know Your Customer (KYC) analysts has undergone a profound transformation over the past decade, shaped largely by advances in technology, particularly artificial intelligence (AI) and more recently, Generative AI. Historically, the job of a KYC analyst revolved around manually processing large amounts of data, reviewing customer profil...

29 November 2024 /ai /crime

Harriet Christie Chief Operating Officer at Mirrorweb

Consumer Duty - A work in progress

The Financial Conduct Authority’s (FCA’s) Consumer Duty officially came into action over a year ago, with an implementation deadline of 31st July 2023 for all new and existing products and services. The regulator favored a phased approach, with different obligations landing at different stages throughout the adaptation. This concluded in July 202

02 October 2024 /regulation /wealth

Elaine Mullan Head of Marketing and Business Development at Corlytics

D.I.Y. or die trying - Build vs. Buy bias in regulatory technology

Buying regulatory technology is a little different than assembling IKEA furniture but then there's effort justification and the sneaky mental trap that makes decision making messy. Effort justification is a sneaky mental trick that makes us value things more just because we worked hard for them. Imagine spending hours assembling a piece of furnitur...

10 September 2024 /regulation

Harriet Christie Chief Operating Officer at Mirrorweb

Australian Business Communications - B-ASIC instructions

On June 26th 2024, the Australian Securities and Investments Commission (ASIC) released new guidance on its expectations around business communications. This came in the form of Information Sheet 283 and an accompanying Press Release, and signaled the regulator’s intention to raise compliance standards. This heralds a new era in Australian co

22 August 2024 /regulation /wealth

Nickii Mallia Business Development Manager at Aqubix Ltd - KYC Portal

Best Practices for Implementing a KYC/AML platform in Financial Institutions

In the rapidly evolving financial landscape, implementing a robust KYC/AML platform is paramount for financial institutions. Effective processes not only ensure regulatory compliance but also enhance customer experience and streamline operations. This blog outlines the steps for a successful KYC/AML platform implementation, addresses common challe...

17 July 2024 /regulation /crime

Harsh Daiya Staff Software Engineer at Paypal

Fintech Fraud Prevention Regulatory Hurdles

As a result of the lightning-speed changes in financial technology (fintech), preventing fraudhas become increasingly important. In their bid to deliver the most streamlined and customer-friendly financial services, fintech companies face significant headwinds from fraudulent activities. Regulatory frameworks mold strategies that limit firms while...

17 July 2024 /payments /regulation