connections
our blog covering the latest news and industry trends from the financial and professional service sectors
The role of RegTech in dealing with fraudulent applications for Bounce Back Loan Scheme
The COVID-19 pandemic is still having a devastating impact on businesses and the economy in the UK, and access to funds, loans and financial schemes remains a top priority for business. In many cases, this kind of support is what has helped businesses to stay afloat...
Building the case for automation of due diligence on corporate customers
For banks, the ability to conduct due diligence quickly and effectively can be the difference between winning and losing valuable customers. With customer experience an increasingly important differentiator competition increases, a seamless digital process is now a...
RegTech 2020: The rise of Open Banking
This month on the RegTech 20:20 podcast, host Alex Ford is joined by industry experts Gavin Littlejohn, Chairman of The Financial Data and Technology Association (FDATA), and Jamie Leach, Regional Director of FDATA ANZ and Founder of Open Data Australia, to discuss...
Encompass appoints Robert Jessurun as Head of Banking Sales
Encompass Corporation, the fast-growing provider of intelligently automated Know Your Customer (KYC) solutions, announces the appointment of Robert Jessurun, an experienced client relationship manager, as Head of Banking Sales.Robert joins Encompass after many years...
RegTech and compliance in Australia: Key themes in 2020
In Australia, 2020 has been the year when fallout from the The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has become tangible.The landmark Royal Commission, which was conducted throughout 2018 and reported in early...
Reflections on the Scrapinghub Web Data Extraction Summit 2020
With the purpose of developing better strategies to identify hidden risks and building better products, web data extraction can help to transform data into a structured format that can assist businesses in making key decisions in today’s ever-changing...
Play your part in the Encompass journey in 2021 and beyond
The Encompass team is growing - and we need you to help us make our mark in 2021 and beyond.For almost a decade, we have been at the heart of an evolving industry, with more businesses than ever before looking to RegTech to help them to meet compliance obligations...
In the spotlight: Tina Valand, Partnerships Director
Tina Valand is at the forefront of driving the success of Encompass’ partner engagements and maximising relationships, for the benefit of the company and those we work alongside.Tina, our Partnerships Director, has a varied industry career, having worked in consulting...
What does it mean to be ‘regulator ready?’
In the latest episode of the RegTech 20:20 podcast, guest speakers Samantha Sheen, financial crime expert, and Daniel Gozman, Director of Engaged Research, The University of Sydney, delve into what it means to be ‘regulator ready’ in the rapidly evolving RegTech...
Who is to blame for 18 years of undiagnosed financial crime after FinCEN Files leak?
On 20 September, it was globally publicised that FinCEN Files had been leaked to BuzzFeed News. Said files exposed some of the world’s largest banks, suggesting that they had been aware of cases of money laundering, corruption and fraudulent activity, contained in up...