Qkvin

Here's the first post in our #Qkvin-tessential video series featuring Laura and Anna, diving deep into the challenges within #ClientLifeCycleManagement, and how to effectively address these challenges to deliver great #ClientExperience and #Compliance. In this episode, Laura and Anna discuss financial institutions' major hurdles in achieving regulatory compliance. Financial institutions often struggle with fragmented solutions that lack flexibility, making it difficult to keep up with rapidly evolving regulations. Legacy systems add another layer of complexity, as they are challenging to modernise and migrate, often requiring constant retraining of compliance professionals due to a shrinking talent pool and high job turnover. 🌟 Watch the full series in the upcoming to understand how Qkvin tackles these challenges head-on, providing a comprehensive and modern solution for seamless regulatory compliance. 🌟 #Qkvin #RegulatoryCompliance #FinancialInstitutions #ClientLifecycleManagement #DigitalIdentity #FinTech #Innovation #ComplianceChallenges #LegacySystems #ModernSolutions #PEPs #VideoSeries Stay tuned for more insights and updates! 🔍👥

FinTech Global recently interviewed our team at Qkvin to delve into the 5 major challenges financial institutions face with financial crime and how we can resolve them. 🎙️💡 #Qkvin is an end-to-end solution that offers digital identity, onboarding, and ongoing monitoring solutions designed to streamline and enhance client experience and lifecycle management. We proudly serve the wealth management, asset management, banking, and fund administration sectors. During our discussion, we covered a range of crucial topics: 🔹 Qkvin's journey and where it all began 🔹 The 5 major challenges in financial crime: Conversion, Compliance, Cost, Continuity, and Compatibility 🔹 Boosting collaboration and confidence within compliance teams 🔹 Streamlining compliance with Qkvin 🔹 Harnessing the power of Qkvin’s automation and ML capabilities 🔹 The benefits financial institutions can experience through our services Discover how Qkvin is transforming the RegTech landscape by addressing these challenges and enhancing compliance efficiency. 📖 See the full interview on FinTech Global and learn more about how we can help your organisation thrive. https://lnkd.in/gPzNTX4X #FinTech #RegTech #FinancialCrime #Compliance #Automation #MachineLearning #DigitalIdentity #ClientExperience #Qkvin #AssetManagement #Onboarding #WealthManagement #FinancialInstitution

How can AI transform customer onboarding? FinTech Global's Daniel Willis recently spoke to a number of key industry players to understand how artificial intelligence can help revolutionise the onboarding process. Providing their insights were Ted Datta of Moody's, Laura Hadfield of Qkvin, Joseph Ibitola of Flagright and Eric Frost of Simple KYC. Read more here: https://lnkd.in/eugjca78 #FinTech #RegTech Anna Delaney Baran Ozkan, CAMS Madhu G Nadig Tinuke Bernard Rashmi Ramesh Ramakrishna

How is automation revolutionising ongoing monitoring in financial institutions? Qkvin recently outlined that regulatory bodies mandate stringent AML ongoing monitoring requirements to ensure financial institutions maintain robust systems capable of identifying and reporting potential money laundering activities. Learn more here: https://lnkd.in/eErhh_EX #FinTech #RegTech #Automation Rashmi Ramesh Ramakrishna

German regulator BaFin has imposed a €9.2 million fine on digital bank N26 for delays in submitting suspected money laundering reports in 2022. This penalty is part of ongoing scrutiny into N26's anti-money laundering controls. In 2021, BaFin fined N26 €4.25 million and imposed a cap on new customers, limiting them to 50,000 per month, along with a mandatory audit presence. Despite measures taken by N26 to enhance IT monitoring, quality assurance, and outsourcing controls, deficiencies remained, leading to the extended cap. However, recent reports suggest BaFin may lift this cap later this year. Since 2022, N26 has invested over €80 million improving its reporting processes and combating financial crime. Efficient and timely reporting processes are vital in financial institutions to combat financial crime and ensure regulatory compliance. Lapses can lead to severe penalties and operational restrictions. By prioritising robust anti-money laundering controls and continuous improvements, financial institutions can protect themselves and their customers while maintaining trust and integrity in the financial system. Qkvin enables financial institutions to overcome these hurdles by generating comprehensive reports and automating regulatory filings, ensuring seamless compliance with global AML regulations. #Fintech #N26 #BaFin #Compliance #AntiMoneyLaundering #DigitalBanking #Regulation #FinancialCrime #ReportingProcesses #FinancialIntegrity #AML https://lnkd.in/dbWb27EW

It's time to put your AML knowledge to the test with our latest trivia poll! Hint: This happened in the year 1986. Stay tuned for the answer and more trivia on some pioneering steps in the fight against money laundering. 🌐📜 #AML #Compliance #FinancialCrime #Trivia #AntiMoneyLaundering #FinancialRegulations

Mahesh Patil showcased Qkvin at the FinTech Connect event last week. At DLT Apps, our focus is on KYC/AML, client lifecycle management, and AI/ML-based approaches to detecting transaction anomalies. We are thrilled about how Qkvin prioritises client centricity that solves the common problem of customer data being held in disparate systems. The session highlighted innovative strategies for enhancing KYC and AML processes, emphasizing the critical role of comprehensive client lifecycle management. The highlight was the exploration of AI and Machine Learning applications in identifying transaction anomalies, demonstrating how these technologies can significantly bolster fraud detection and compliance efforts. If your organization is grappling with similar challenges, feel free to reach out to us. #Innovation #FinTech #AI #MachineLearning #KYC #AML #ClientLifecycleManagement #Compliance #FraudDetection

How is automation revolutionising ongoing monitoring in financial institutions? Qkvin recently outlined that regulatory bodies mandate stringent AML ongoing monitoring requirements to ensure financial institutions maintain robust systems capable of identifying and reporting potential money laundering activities. Learn more here: https://lnkd.in/eErhh_EX #FinTech #RegTech #Automation Rashmi Ramesh Ramakrishna

Technology stands as a powerful ally in the ongoing battle against financial crime. From sophisticated algorithms to advanced data analytics, innovative tools are revolutionising how we detect and prevent illicit activities. By leveraging these technological advancements, financial institutions can stay one step ahead of criminals, ensuring a safer and more secure financial landscape for all. At DLT Apps, we combine industry experience with the expertise of our exceptional engineers. Leveraging our deep understanding of the AI models with supervised learning and unsupervised learning, we're committed to crafting innovative solutions to combat financial crime. With our team's dedication and proficiency, we're driving forward advancements that safeguard the integrity of financial systems.

🎉🌟 Honored to be recognised by RegTech Analyst on the #FinCrimeTech50 list! 🌟🎉 Qkvin has been named one of the top 50 FinCrime Technology Providers for 2024. It's humbling to be recognised alongside the other heavy hitters in the anti-financial crime industry. Thank you RegTech Analyst for this honour, and congratulations to all the other companies who made the #FinCrimeTech50 list. Here's to continuing our mission of fighting financial crime and the positive transformation of the financial industry! 💪🚀 #FinTech #RegTech #FinancialCrime #Qkvin #ThankYou