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KYC (Know Your Customer) and Due Diligence are key elements for the successful operation of any business, especially in today's globalized world, where the risks of fraud and financial crimes are incr...
The Critical Importance of Archiving Digital Contracts and Signatures in the Context of European eIDAS, NIS2, and DORA Regulations As digital transformation accelerates, the shift from paper to digita...
In March 2023, SEC Chairman Gary Gensler described Artificial Intelligence as “the most transformative technology of our time, on par with the internet and mass production of automobiles". When ...
In June 2023, The European Commission announced its proposals on regulations governing the payment services industry within the union. The much-anticipated third Payment Services Directive (PSD3) rep...
Over the past two decades, the banking industry has faced staggering penalties for non-compliance, totaling an astonishing $387,559,149,283 (source: Violation Tracker). This colossal sum underscores a...
The deadline for organisational compliance with DORA is at our doorstep. With the 17th of January 2025 just under 6 months away, it’s safe to say that the clock is ticking for financial services to be...
High-quality data is the bedrock of an effective anti-money laundering (AML) and watchlist screening programme. Incomplete or inaccurate data can lead to false negatives, potentially allowing illicit ...
DeFi - Addressing the Limitations of Traditional Finance. DeFi, or Decentralized Finance, aims to tackle several problems users face with traditional financial systems: Limited Access: Traditional fin...
Ever-increasing digitalisation is propelling the world of financial services to act faster and do more than ever before. One side effect of this is the increased risk posed by the failure of critical ...
Privacy Enhancing Technologies (PETs) are a suite of tools that can help maximize the use of data by reducing risks inherent to data use. These innovative solutions facilitate the handling, processing...
As we see different industries exploring how digitisation can improve their business practices, it’s particularly exciting to consider how innovative technology can enhance global trade practices. How...
Proposal to the EWC consortium (the large scale EU pilot led by Sweden and Finland). As: 1. EWC is focusing on the all-important organisation wallet (general purpose and interoperable for states, mun...