How Socure improved KYC with smarter data

Balancing compliance with customer needs is the new frontier in Fraud-risk & Compliance software. Financial institutions face increasing pressure to meet strict regulatory requirements without compromising customer experience. Traditional Fraud-risk and Compliance systems often delay transactions and frustrate users. BANKiQ's AI-ML powered Fraud-risk and Compliance platform changes that. Its real-time cognitive machine learning detects suspicious activity instantly while reducing false positives. Key benefits include: - A single FRM platform for Liability and Asset products - Continuous transaction monitoring 24/7 - Advanced identity fraud detection embedded within Fraud-risk & Compliance controls For banks and fintechs, this balance is essential. It protects assets, ensures regulatory compliance, and maintains customer trust. The future is not just about compliance. It's about empowering banks and financial services companies to safeguard assets without compromising user needs. Are you prepared to adopt the new standard in fraud-risk and compliance management? Write to us: info\@bankiq.co Visit: https://lnkd.in/egWcnStA #BANKiQ #BANKiQIFRM #BANKiQFRC #Fraudriskcompliance #

💡 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐬 𝐜𝐚𝐧’𝐭 𝐚𝐟𝐟𝐨𝐫𝐝 𝐭𝐨 𝐬𝐭𝐚𝐧𝐝 𝐬𝐭𝐢𝐥𝐥. ⏺️ Regulatory pressure is rising. ⏺️Customer expectations are evolving. ⏺️Legacy processes are holding institutions back. To stay competitive, embracing technology isn’t optional — it’s essential. Efficiency, transparency, and speed are now the new benchmarks for success. The winners in this new era will be the ones who digitize intelligently — automating where it counts, embedding regulatory logic into workflows, and using data to drive decisions. That’s exactly what #CustomerPlus enables. A smart, rule-based KYC and AML platform that transforms compliance from a cost center into a competitive advantage. Technology isn’t replacing people — it’s empowering them to focus on higher-value work. The future of compliance is not manual. It’s measurable, automated, and intelligent. #KYC #AML #Compliance #RegTech #DigitalTransformation #CustomerPlus #Innovation #WorkflowAutomation

🛡️In banking, compliance must be constant, but never disruptive. There is a lot of curiosity around agents these days, but what are they, and how could they change the way banks operate? At BearingPoint, we have been exploring this question in depth. The result? A series of seven purpose-driven agents, each designed to solve a specific challenge in banking. We will be introducing them over the coming weeks. Agent Series (3/7): 🤖 Chris Compliance - The Compliance Keeper Chris is an AI agent built to automate continuous client verification: 🔍 Automated Multi-Source Verification Chris seamlessly ingests and cross-validates client data from financial systems, regulatory feeds, and adverse media using advanced entity resolution and retrieval-augmented AI. ⚠️ Real-Time Risk Monitoring With dynamic risk scoring and anomaly detection, Chris flags compliance concerns instantly—minimizing manual reviews and keeping client operations smooth and uninterrupted. 🕵️♂️ Silent Compliance Enforcement Chris runs discreet background checks during client interactions, ensuring ongoing KYC/AML alignment without disrupting the user experience or requiring re-verification. Chris delivers peace of mind through seamless, secure, and non-intrusive KYC processes. 📖 Learn more about how AI agents like Chris are transforming the client lifecycle in banking: https://lnkd.in/e9Ui3FDH #AI #Banking #Compliance #KYC #BearingPoint #ClientVerification Katharina Casanova Marco Kundert Julius V.

The Rise of RegTech: When Compliance Becomes a Competitive Edge For years, compliance was seen as a cost center, the department that said “no” after the product team had already said “go.” But in the world of digital banking, especially for telecoms stepping into financial services, that equation is changing fast. RegTech or regulatory technology is turning compliance into a source of speed, trust, and differentiation. Imagine onboarding a retailer, verifying their NID, running AML checks, and scoring their credit risk all in under 60 seconds. That’s not science fiction that’s RegTech at work. For telcos, the potential is massive: • Automated KYC & KYB: No more manual verification loops. • AI-based Fraud Detection: Real-time anomaly monitoring across millions of transactions. • Dynamic Risk Scoring: Every user and retailer has a living digital risk profile. • Regulatory Reporting on Demand: Instant data sync with central bank dashboards. When you embed RegTech directly into your platform stack, not as a layer but as a logic, you don’t slow innovation; you accelerate it safely. Having led digital transformation journeys where telecom systems met financial regulations, I’ve seen it firsthand, the companies that invest early in compliance automation don’t just meet the rules, they shape them. In the coming years, the most powerful differentiator between telcos that launch digital banks and those that lead them will be one simple thing how intelligently they automate trust. 💬 Question: Can compliance be turned into a brand asset something customers actually trust more than marketing? #DigitalBanking #TelecomTransformation #RegTech #Compliance #Fintech #Trust #Automation #AI #TelcoStrategy #DigitalTrust

🛡️In banking, compliance must be constant, but never disruptive. There is a lot of curiosity around agents these days, but what are they, and how could they change the way banks operate? At BearingPoint, we have been exploring this question in depth. The result? A series of seven purpose-driven agents, each designed to solve a specific challenge in banking. We will be introducing them over the coming weeks. Agent Series (3/7): 🤖 Chris Compliance - The Compliance Keeper Chris is an AI agent built to automate continuous client verification: 🔍 Automated Multi-Source Verification Chris seamlessly ingests and cross-validates client data from financial systems, regulatory feeds, and adverse media using advanced entity resolution and retrieval-augmented AI. ⚠️ Real-Time Risk Monitoring With dynamic risk scoring and anomaly detection, Chris flags compliance concerns instantly—minimizing manual reviews and keeping client operations smooth and uninterrupted. 🕵️♂️ Silent Compliance Enforcement Chris runs discreet background checks during client interactions, ensuring ongoing KYC/AML alignment without disrupting the user experience or requiring re-verification. Chris delivers peace of mind through seamless, secure, and non-intrusive KYC processes. 📖 Learn more about how AI agents like Chris are transforming the client lifecycle in banking: https://lnkd.in/e9Ui3FDH #AI #Banking #Compliance #KYC #BearingPoint #ClientVerification Katharina Casanova Armand Patrice Hofstetter Marco Kundert

From Data to Decisions - Instantly. In today’s data-driven world, fragmented information across silos is one of the biggest barriers to confident decision-making. That’s why the collaboration between Quantexa and IBM Z is a game-changer. By running Quantexa’s Decision Intelligence Platform directly on IBM Z, organizations can: ✅ Eliminate blind spots ✅ Unify transactional data ✅ Act on insights where the data lives - securely and in real time   Whether it's fraud detection, AML, KYC, or building 360° customer views, this partnership empowers industries like banking, insurance, and government to move from reactive to proactive decisions—without compromising on scale, security, or performance. 💡 No data movement, no latency, no compromise on security. Just AI-powered data intelligence on the systems you trust the most. 🔗 Read more: Turning Data Into Trusted Insights

Onboarding in 2025: The tension between compliance rigor and customer experience has never been greater. Financial institutions face a complex balancing act—meeting strict KYC/AML requirements while delivering the seamless digital onboarding customers expect. What's working: 🤖 AI-driven identity verification with biometric selfies and liveness checks accelerating approval 📊 Risk-based due diligence applying enhanced checks only where needed 🔗 Open banking integration enabling real-time verification and fraud detection   ⚡ Automated workflows reducing manual errors and silos What's still challenging: 👉 Varying global KYC/AML standards creating compliance complexity 👉 Sophisticated fraud tactics like synthetic identities requiring advanced detection 👉 Legacy systems causing operational inefficiencies and customer dropout 👉Balancing thoroughness with low-friction user experience Institutions that master AI-driven automation, real-time data integration, and personalized experiences at scale will gain significant competitive advantage. At Connective Payments, we help financial institutions modernize onboarding strategies, building compliance into customer journeys, not bolting it on afterward. How is your organization balancing compliance and customer experience in onboarding? #DigitalOnboarding #KYC #AML #CustomerExperience #FinancialServices #RegulatoryCompliance #AIinBanking

If financial products still rely on manual compliance reviews, they’re already operating at a disadvantage. Across the industry, financial institutions face a growing crossroads: strict regulatory pressure on one side, frictionless customer experience on the other. Most struggle to achieve both — but the gap is widening. Three trends are shaping the future of regulated product delivery: 1. Automation as a compliance enabler Manual onboarding and review workflows increase processing time, operational costs, and audit risk. Automated identity verification and case management can dramatically improve turnaround times and accuracy. 2. Dynamic risk scoring becomes non-negotiable Static rules frequently miss suspicious behavior and generate overwhelming false positives. Continuous monitoring, sanctions screening, and AI-driven scoring models reduce exposure while improving detection quality. 3. Data as strategic infrastructure Data-driven decisioning supports everything from loan approval to suspicious activity reporting. Institutions that integrate analytics into product workflows move faster and with more confidence. Organizations embracing these shifts are seeing meaningful impact: – Up to 50% faster lending cycles – 30% reduction in default risk through predictive models – 40% improvement in financial crime detection – Reduced compliance costs through unified platforms In regulated environments, product strategy isn’t just about features, it’s about embedding governance, risk, and compliance into the product’s DNA without compromising user experience. What’s the most difficult challenge when balancing compliance requirements with a seamless customer journey? #ProductManagement #FinTech #RiskAndCompliance #KYC #AML #ProductOwner

As global regulations tighten and digital banking expands, KYC due diligence has evolved beyond a compliance exercise, it’s now a strategic pillar for financial resilience. From AI-driven automation to blockchain-based registries, firms are redefining how they manage risk, data, and transparency across borders. For more details, visit: https://lnkd.in/eKvu4rjM #KYCDueDiligence #RegTech #Compliance #FinancialServices #AIinFinance #RiskManagement #MagistralConsulting

💳 ISO 20022 - The new era of smarter, cleaner financial data The financial world is moving towards a unified global standard for payments and data - ISO 20022. For banks, FinTech's, and financial institutions, this means one thing: data quality has never been more critical. With richer data formats and more detailed information flowing through transactions, inaccurate or incomplete customer records can quickly cause: ⚠️ Failed transactions ⚠️ Regulatory non-compliance ⚠️ Increased fraud risk ⚠️ Poor customer experiences That’s where Fetchify can help. Our address, email, and phone validation tools ensure your customer data is accurate, standardised, and ready for ISO 20022 compliance - improving operational efficiency and reducing costly data errors. ✅ Validate and enrich customer data in real-time ✅ Maintain compliant, verified address records ✅ Support Know Your Customer (KYC) and AML checks ✅ Enhance transaction integrity and customer trust As financial systems evolve, clean data isn’t just good practice, it’s mission-critical. 📩 Find out how Fetchify can help your business get ISO 20022-ready: 👉 https://lnkd.in/e5T4MP9V