FinScan

Germany, France, and Italy are calling on the EU to ease banking regulations, aiming to boost competitiveness and prioritize economic growth. Check out the article to find out more about this crucial change in European financial policy. https://okt.to/fjS8gk #EUBanking #Banking #economicgrowth #Finance #Policy

The UK's professional body supervisors have faced ongoing challenges in managing anti-money laundering risks, as none have met the highest oversight standards since 2017. This situation highlights important concerns for compliance professionals who need to understand the implications for their organizations. Learn more about these challenges and their impact on your compliance approach. https://okt.to/XtKNmE #FinancialCrime #UK #AML #Compliance

The Fintech Times explores risk orchestration as a strategy for simplifying the compliance process for financial institutions. Stephen Marshall highlights the benefits of integrating customer onboarding, authentication, and risk management to strengthen compliance and combat financial crime. Read more to find out ways to elevate your compliance strategy and safeguard against emerging risks. 👉 https://lnkd.in/gtZRyJYW #Fintech #compliance #Risks #FinCrime #RiskManagament #strategy #Finance #FinancialInstitutions #customers #authentication #Financialcrime

Navigating the compliance landscape in the fast-paced FinTech world is no easy task! In Part 1 of our series, "Data dilemmas and regulatory wrangles," we tackle the challenges compliance teams face, featuring insights from industry experts Stephen Marshall, Leda Glyptis PhD, and Mayank Sharma. With 54% of compliance professionals citing incomplete customer data as a major hurdle, getting data right is essential for effective risk management. Join us as we explore whether stricter penalties or smart strategies can help compliance teams succeed in today’s regulatory landscape. https://lnkd.in/gZyTsfPN Stay tuned for Part 2—exciting insights await! #Compliance #FinTech #DataQuality

The rise of artificial intelligence is changing the way we approach compliance, offering new ways to streamline processes and minimize risks. As AI evolves, understanding its impact on ethics and data protection is vital. Read more here to learn how AI can enhance compliance efforts and navigate its challenges. https://okt.to/hGCyDS #Compliance #RiskManagement #AI

Nordic Fintech Week in Copenhagen was a whirlwind of insights and inspiration! Leda Glyptis PhD nailed it when she said navigating today's tech world feels like juggling an avalanche of info—exciting yet overwhelming! From the AML symposium to insightful panels with Stephen Marshall, we tackled the real challenges leaders face. While AI is all the buzz, let’s not forget about rising tech like quantum. One key takeaway? “Risk is everything, everywhere, all at once.” As we move forward, it’s clear that effective leadership is rooted in risk management. Read more about our time at #NFW24 here: https://lnkd.in/gtW-Gjpx #NordicFintechWeek #RiskManagement #NFW #AML #AI #Quantum Copenhagen Fintech| Nordic Fintech Magazine| Thomas Krogh Jensen| Kristine Helen Falgren

As regulations become more intricate, the importance of data integrity and compliance cannot be overstated. We are proud to be recognized by the A-Team Data Management Insight - USA Awards 2024 as the winner in the 'Best Data Management Solution' category. Together, let’s strive for data excellence in your organization. https://okt.to/3L6Bxs #data #regulatorycompliance #DataManagment

The UK's Fraud, Error, and Debt Bill aims to improve data sharing to tackle fraud and provide the Department of Work and Pensions with stronger enforcement capabilities. While the intention is to safeguard taxpayers, it raises significant privacy concerns, particularly for those who are vulnerable. Learn more about how this legislation might impact you: https://okt.to/Dg0XW9 #Fraud #UK #DataPrivacy

The DOJ’s latest guidance on managing AI risks, protecting whistleblowers, and leveraging data analytics—key for effective compliance. Companies must enhance their programs to avoid penalties, foster transparency, and adapt to emerging risks, building trust with stakeholders. Read the full article to ensure your compliance program meets these new standards. https://okt.to/j7INiZ #Compliance #AI #Data #DOJ

At FinScan, we focus on innovation and excellence in regulatory compliance, which has led to our nomination for the Data Management Insight Awards Europe 2024. Vote for us today! https://okt.to/YWJ4FV #VoteFinScan #Data #Solution