Monday, October 5, 2020
The Financial Intelligence Analysis Unit (“FIAU”) has recently issued an update to its Implementing Procedures, where additional requirements and directions on internal and external reporting procedures that subject persons are to have in place, so as to ensure that any suspected or known instance of money laundering or funding of terrorism (“ML/FT”) is reported to the FIAU within the timeframes set out below.
Thursday, September 24, 2020
We are excited to announce that we are Sibos 2020 partners — the world’s premier financial services event. While we will certainly miss the in-person experience of meeting new clients, we look forward to connecting virtually!
Wednesday, September 23, 2020
Recently in the span of 24 hours, the FIAU has fined a record €733,160 to a Gaming company and a €1.2 million fine to an Investment Firm for failing to comply with the regulations and for inadequate findings during their compliance reviews. In this article we discuss some of the reasons these fines were given and how KYC Portal can help you stay in line. Having everything centrally managed so that you can serve the various regulations and requirements from a risk perspective, is a key requirement in order to remain compliant.
Monday, August 24, 2020
These prestigious awards are designed to recognise leading providers of data management solutions, services and consultancy to capital markets and KYC Portal has been shortlisted in 4 different categories.
Tuesday, August 18, 2020
You never get a second chance to make a great first impression and since on-boarding a new client is your first main contact between your company and your new client, the experience should not be confusing or frustrating. The on-boarding experience is often viewed as the foundation for what dealing with your company will be like, so having a trustworthy KYC system in place should be any organisations top priority.
Wednesday, July 15, 2020
The regulatory processes in which compliance teams are operating, are constantly changing and proceeding globally at a rapid pace, and on an unprecedented scale.
Thursday, June 25, 2020
Excellent logistics and supply chain management are now seen to be a vital part of most of any firm’s competitive advantage. On the other hand, poor performance in logistics can be the undoing of an otherwise successful company.
Tuesday, May 26, 2020
Due diligence is an essential process for any major business. Fundamentally, businesses need to know who they’re buying from or who they are on-boarding as clients. Nowadays with new regulations constantly being introduced, the compliance burden and requirements for any corporation have only increased over time and across the globe, therefore putting a strain on compliance teams who still handle this process, manually.
Tuesday, May 12, 2020
Physical face-to-face meetings are now a thing of the past, thanks to KYC Portal’s embedded video conferencing module. Read on to find out more about how KYC Portal handles face-to-face interviews.
Tuesday, May 5, 2020
People are now starting to get used to the “new normal” lifestyle, as social distancing has become part of the way we live and the way we expect certain things to happen. We will now start to choose contactless transactions in everything we do, from something as simple as online shopping to a more serious task such as opening a bank account.
Tuesday, April 28, 2020
Although COVID-19 has put the world on lockdown and everyone has shifted to remote working, it is still business as usual for the KYC Portal team. Our priority as always, is towards the well-being and support to our customers, therefore we have taken certain measures to continue to serve our clients and partners during this unprecedented period.
Thursday, March 12, 2020
CEO, Kristoff Zammit Ciantar presenting a Keynote Speech at FinovateEurope last month.
Friday, March 6, 2020
How KYC Portal became a leader in the client on-boarding market.
Thursday, March 5, 2020
KYC Portal has been shortlisted for the RegTech Insight Awards 2020!
Friday, February 21, 2020
For the first time since its launch, the KYC Portal team are heading to the US, to speak at the 3rd Global Client Onboarding & Data Management conference in New York City, on the 26th and 27th March 2020.
Wednesday, February 19, 2020
The KYC Portal team had the pleasure of attending yet another successful FinovateEurope Conference last week! This year for the very first time, Finovate ventured out of London and hosted the event in the beautiful city of Berlin.
Monday, February 3, 2020
KYC Portal has been shortlisted to present at PlugAndPlay in Silicon Valley, California.
Friday, January 31, 2020
On the 30th January 2020, we hosted an insightful KYC Portal briefing session at The Notch Conference Centre, Urban Valley Resort & Spa.
Friday, January 17, 2020
As part of the new and latest release of KYC Portal, we are hosting a briefing event on the 30th January, at the Urban Valley Resort in Kappara, Malta.
Tuesday, January 14, 2020
For KYC Portal, FinovateEurope was always an important milestone. From being chosen to demo back in 2017, where we launched KYC Portal for the first time on the market, to being selected once again to demo in 2019 where we launched our Customer Outreach Tool (COT), a tool that allows clients to give direct access to the customer to on-board themselves.
Monday, December 30, 2019
Most industries are growing and changing, rapidly. Companies are finding it difficult to keep up with the current trends and deliver a seamless service and experience. Read on to see how KYC Portal addresses the fast-approaching 2020 tech trends.
Tuesday, November 26, 2019
The top 100 RegTech companies from around the world have been named in the third annual RegTech 100, a list of the tech companies transforming compliance, risk management and cybersecurity – and KYC Portal is one of them!
Monday, November 25, 2019
Last week the KYC Portal team attended and exhibited at one of the largest AML conferences in London.
Monday, September 9, 2019
We are soon launching one of the most powerful features within KYCP - the dynamic reporting engine. A reporting module that allows you to create your own report in a matter of minutes on any data that you dynamically manage and set within the system. This module is fully dynamic giving you full control of which reports need to run when and what data is to be extracted within.
Friday, July 26, 2019
Based on client requests, KYC Portal has integrated its platform with the data provisioning services of Acuris Risk Intelligence. The integration is automated using the APIs available by both tools. By using the API of KYC Portal to push and pull data requests from the API of Acuris Risk Intelligence, it allows for further automation in the process flows of KYCP.
Tuesday, May 21, 2019
KYC Portal will be participating at the ACAMS Conference being held in Berlin on the 12th and 13th of June 2019. Focusing on how innovation is helping to automate and streamline KYC and due diligence processes.
Monday, March 18, 2019
A portal that will allow us to share all that we do with the general public. From real life case studies to feature reviews and their benefit as well as tackling specific issues on the market such as on-boarding, ongoing concern and operational challenges.
Monday, March 11, 2019
Talking with Fintech Finance at Finovate London 2019. An interview focusing on the innovations in the Fintech industry and what is driving the market. KYC Portal focused on launching the new module called the Customer Outreach Tool and also spoke about unique selling points within KYCP which makes it stand out among its competitors.
Thursday, March 7, 2019
Following client feedback, KYC Portal (KYCP) has integrated its platform with GBG. Through the use of APIs, the integration will enable further enhancements to KYC Portal via automated push and pull data requests from GBG.
Wednesday, February 27, 2019
The preparation that goes into doing this 7 minute demo is quite challenging. We start preparing months in advance both from a technology perspective as well as from a pitch perspective.
Tuesday, February 26, 2019
For the second time, KYC Portal was amongst one of the 65 fintech solutions chosen to participate in the famed ‘7 minute demo’ slots.
Friday, February 22, 2019
The main scope of integration is always based on two aspects, the automation of tasks to rely less on the manual effort involved in screening subjects and also the traceability of actions internal to the compliance team. Integrating KYC Portal with such third parties allows the customer to be able to conduct the entire service using one audited platform.
Tuesday, February 19, 2019
Launching the new Customer Outreach Tool within KYC Portal. Interview by Financial IT at Finovate 2019 in London.
Monday, February 18, 2019
This is what KYC Portal addresses - the entire due diligence process from end-to-end. From easing the customer communication throughout on-boarding processes to automating risk assessment and action alerts based on the on-going relationship with subjects.
Monday, January 21, 2019
This years 7 minute demo will focus on one of the most important add-ons of KYC Portal - the Customer Outreach Tool. Focusing on reducing the burden of client communication through a centralised audited platform for customers.
Tuesday, November 20, 2018
The top 100 RegTech companies from around the world have been named in the second annual RegTech 100, which has been compiled by RegTech Analyst. A panel of analysts and industry experts voted from a long list of 824 companies worldwide.
Tuesday, November 6, 2018
Based on huge demand from all our KYC Portal clients across all industries, we have launched the Customer Outreach Tool (COT) plugin. A tool that allows you to give control to all your customers to create, manage and submit applications both for individuals and corporate structures.
Friday, October 12, 2018
One of the biggest nightmares within compliance teams in any industry is the on-going and never ending communication with customers. Communication is usually via email to fill in forms, receive documents, input information and many other aspects.
Friday, October 5, 2018
KYC Portal is not another data provider. KYC Portal is the most complete end-to-end KYC and due diligence solution on the market. KYC Portal focuses on automating the operational aspect of compliance and due diligence, both from and on-boarding perspective as well as the on-going concern. What is usually done manually by teams of staff in order to constantly ensure that all is in place is done by KYC Portal in real time
Friday, August 3, 2018
Earlier this year, KYC Portal was again selected as one of the top 20 RegTech technologies to be presented at the Global RegTech Summit 2018. This time however, we only had 5 minutes. It is incredible how valuable those 2 extra minutes were, back in 2017. This time round we had less time to present a much larger and bigger solution full of new features and modules.
Monday, July 23, 2018
Banks must continue outsourcing to keep up with technology and regulation, according to a panel at the Global RegTech Summit 2018.
Thursday, July 5, 2018
The 20 minute presentation by CEO Kristoff Zammit Ciantar focusing on meeting the KYC challenge. A topic focusing on the real cost of compliance and how KYC Portal focuses on addressing the issues by challenging the norm.
Thursday, July 5, 2018
KYC Portal has launched a new module called the Corporate On-boarding Tool (COT). RegTech Analyst interviewed Kristoff Zammit Ciantar, CEO to learn all about it.
Wednesday, June 6, 2018
KYC Portal and the latest features within the product were presented at the Global Regtech Summit 2018 in London. A very successful event with an audience interested in the latest Regtech solutions on the market.
Friday, June 1, 2018
COT is the new module within KYC Portal, officially launched last week on Tuesday the 22nd of May at the Global Regtech Summit in London. This module is going to be in production as from July this year allowing all customers of KYC Portal to start on-boarding corporate structures seamlessly.
Tuesday, December 5, 2017
KYC PORTAL is once again in London, this time at Fintech Connect Live, “The UK’s largest meeting place for the Fintech Community”.
Tuesday, November 28, 2017
KYC PORTAL will be at Fintech Connect Live between the 6th-7th December, the UK’s largest fintech event. A few weeks ago, Fintech Connect Live sat with Kristoff Zammit Ciantar, CEO.
Thursday, November 9, 2017
KYC Portal will be showcased at the ACAMS 8th Annual AML & Financial Crime Conference – MENA at the Jumeirah Emirates Towers in Dubai
Friday, October 20, 2017
The KYC Portal team was invited by HLB, to talk about KYC Portal.
Wednesday, October 11, 2017
I eliminate the need to keep employing resources to keep up with the ever increasing regulatory burden. I automate the manual aspects of compliance, allowing my colleagues to effortlessly take real time assessments on subjects’ risk
Tuesday, October 10, 2017
KYC Portal will be discussing “KYC Portal – Compliance, Redefined” at this year's HLB Conference
Monday, September 11, 2017
The advantages that such solutions are bringing to the table are making the process of compliance incredibly more efficient, and most importantly they are reducing the risk that organisations are running on their own data, saving not only on fines but also on reputation – something that nowadays is key and above everything else.
Monday, August 28, 2017
There is light at the end of the tunnel, as we are seeing jurisdictions that are starting to warm up to the idea that new online technologies could replace the need of actually meeting the subject in person. Malta, Germany and Spain have already amended their directives to indicate such conformance and clients are starting to use this technology to reduce their risk at no cost whatsoever.
Friday, August 11, 2017
KYC Portal allows any customer to predefine the entire compliance process based on the ever evolving nature of guidelines set by regulators. The FCA issued the latest guidelines on PEPs (FCA’s Guidance Document - FG 17/6) It took our customers a total of 4 hours to apply the following changes within their configuration of KYC Portal to have everything in line with such guidelines. Even better… the instant that this is setup KYCP automatically trails through all past subjects sitting in your system to re-evaluate their new risk.
Tuesday, July 25, 2017
KYC Portal is the ONLY solution on the market that provides full compliance with the MGA/FIAU 2017 regulations straight out of the box
Tuesday, July 18, 2017
KYC Portal has been named as the answer to alleviating “the burden on overworked compliance teams”.
Thursday, July 13, 2017
KYC Portal for Gaming - the ONLY solution on the market that provides full compliance with the MGA/FIAU 2017 AML and CFT requirements straight out of the box - providing a platform through which the data fields, mandated documents, questionnaires, risk factors and face-to-face interviewing are preset, ready for integration with existing infrastructure allowing the gaming industry, regardless of an operator’s size to hit the ground running and be fully compliant in as little as two weeks from initial install.
Monday, June 26, 2017
KYCP redefines the concept of compliance and AML due diligence. The platform revolutionises, head-on, operational issues of compliance which have so far been thought of as insurmountable or simply dismissed as being inherent to the process. With the prevailing regulatory climate, the processes are becoming more cumbersome year on year, and automation is inevitably the only way forward.
Friday, June 9, 2017
Whilst banks and regulated industries are focusing on improving and making the on-boarding process more efficient, none are approaching the operational aspect of compliance.
Tuesday, June 6, 2017
On Day 2 of the Programme, Kristoff Zammit Ciantar, CEO, will be hosting a roundtable, related to Investigating new technologies, focusing on "Using the latest in RegTech innovation to reduce risk exposure to a single day- Investigating new technologies".
Tuesday, June 6, 2017
On Day 1 of the Programme, Kristoff Zammit Ciantar, CEO & Ivan Bonello, CTO will be delivering a speech related to "Defining the place of innovation in the bank, focusing on Automating compliance: the problem, the solution, the innovation".
Monday, June 5, 2017
In addressing the inefficiencies inherent to the practices governing the compliance sector, the KYC Portal platform, launched in late 2016, already delivers a unique set of ground-breaking innovations that help streamline the entire compliance process: from the delegation of document collection, custom automated risk score calculations allowing for zero human input in the onboarding of all customers and the equally system-determined acceptance of low-risk subjects (allowing organisations to refocus their expertise where it really matters), automating the ongoing reviews of customer accounts, minimising exposure to risk to a single day and reducing costs by over 60%.
Tuesday, May 16, 2017
It is no surprise that with ever more stringent legislation, especially in the realm of anti-money laundering and beyond, all-too-often one-size-fits-all policies and regulations are stifling growth and exponentially increasing the onus on business across sectors and industries, but ever more so in the financial services provision industry.
Friday, May 12, 2017
On the 7th-8th June, KYC Portal is lead partner at Harnessing Fintech Innovation in Retail Banking in London, UK.
Thursday, April 20, 2017
This is the topic Kristoff Zammit Ciantar, along with other panellists will be discussing next week at the informative event organised by ARQ Group in collaboration with Simposia Executive Seminars.
Thursday, April 6, 2017
Banks and other financial services have been buckling under the increasing compliance burden for years. But now there is a genius automated system that helps keep them whiter than white. Director, Kristoff Zammit Ciantar explains.
Wednesday, March 15, 2017
With the enactment of ever more stringent regulations established by diverse legislative acts, dictating the discovery of the origin of funds, not least the EU’s 4th anti-money-laundering directive, the reality is that the requirement to conduct complete due diligence of prospective clients, suppliers and sources of business is an entirely inescapable one.
Thursday, March 9, 2017
"people were queueing at its booth long after other exhibitors had dismantled their stand"
Monday, March 6, 2017
Fintech Finance interviewed Kristoff Zammit Ciantar at Finovate about KYC Portal.
Monday, February 27, 2017
KYC PORTAL is demonstrated in just seven minutes, at Finovate Europe in London.
Thursday, January 26, 2017
How much can you get done in seven minutes?
Friday, January 20, 2017
It is becoming ever more apparent that the only effective manner in which a risk based approach to compliance can be feasibly sustained is through a centralised, mostly automated set of processes, tailored to meet each operator’s unique needs, specific to the industry and areas of operations.
Friday, December 9, 2016
KYC Portal has been selected to demo at FinovateEurope 2017 being held in London in February. KYC PORTAL is the first centralised solution on the market that collates all information for your customer due diligence, compliance and AML procedures.
Monday, November 21, 2016
KYC Portal is an essential CDD platform that goes beyond simply identifying who your customers are but further integrates with your existing systems and third party data suppliers to monitor their ongoing status, transaction analyses and reporting.
Thursday, November 17, 2016
In a case of fighting fire with fire, the Aqubix KYC Portal is a fully fledged solution that handles customers prior to on-boarding, with full due diligence checks and monitors, independently of jurisdiction or industry of operations, with seamless integration with any number of third party screening services, existing customer management platforms and internal databases.
Wednesday, November 9, 2016
KYC Portal provides the perfect gaming framework to address all the Anti-money laundering (AML) requirements that are becoming one of the most pressing regulatory areas for gambling firms across all major jurisdictions.
Wednesday, November 2, 2016
KYC Portal is the first tool on the market to allow for instant face-to-face video interviews within the tool itself. This feature does not require any plugins or local applications to run and also allows for the instant recording of all the conducted interviews.
Monday, October 31, 2016
KYC Portal can also integrate real time transaction monitoring for a more automated, in-depth analysis into fraud patterns further enhancing the automation process of ensuring compliance.
Wednesday, October 26, 2016
KYC Portal offers a full secure tamper proof solution ensuring full auditing on all elements of the solution as well as a raw file encryption level that ensure extra peace of mind when it comes to the files and documents that are retained within the system itself.
Monday, October 24, 2016
KYC Portal ensures optimum security measures including two-factor authentication when it comes to any communication with the subject. The subject has to authenticate himself using the 6 digit secure key number that is sent to his mobile phone by KYC Portal.
Friday, October 21, 2016
KYC Portal allows you to create an organigram on any entity within your application instantly, irrespective of the complexity of the relationship itself. The system allows for the definition of the field values that appear together with each entity in the organigram as well as the type of icon for each entity to further the ability of customising the tool itself.