connections
our blog covering the latest news and industry trends from the financial and professional service sectors
Encompass receives £1.97m grant to develop AI tool for the financial services sector
Glasgow-based regulatory technology (regtech) firm Encompass has received a £1.97m research and development (R&D) grant from Scottish Enterprise to develop an Artificial Intelligence (AI) Platform for its financial services clients, it was announced by First...
get ahead with regtech: we explore four key themes for the Australian market
As regulators tighten their hold and financial institutions look to technology in an effort to stay one step ahead, the year to come will be significant when it comes to regtech in Australia.The Australian market has, for some time, been behind the...
AML in 2020: sanctions predictions for the year ahead
We’ve looked at what the year could have in store for financial crime so far in this 'AML in 2020' predictions series, so, what about sanctions?Here, Dow Jones’ Risk & Compliance’s sanctions expert, Eric Sohn, gives us his take on what we can expect, putting the...
Encompass podcast Regtech 20:20 returns with the first episode of the year
Regtech 20:20, the podcast from Encompass, is back.The first episode of the year, fronted by our host, VP Product & Marketing Alex Ford, has been released and is available for you to listen to now. In this month’s podcast, our focus is on what people can expect to...
in the spotlight – Louise Meney, Associate Software Engineer
From CodeClan to Encompass - that’s the direction Louise Meney knew she wanted her career to take, and she was delighted to see it happen towards the end of last year, when she joined our Glasgow Engineering team.Although in different industries, some of Louise’s...
Encompass named as a finalist in the British Bank Awards 2020
Encompass has been named among the finalists in the British Bank Awards 2020. The British Bank Awards aim to find the best financial products, hottest innovation, and the most trusted financial brands and partners. These awards are voted for by customers and so far...
$8.14 billion of AML fines handed out in 2019, with USA and UK leading the charge
Encompass has carried out an analysis of Anti-Money Laundering (AML) related penalties handed down between 1 January and 31 December 2019. Key observations: 58 AML penalties handed down globally in 2019, totalling US$8.14bn This is double the amount, and nearly double...
A look ahead to our ‘AML in 2020’ predictions series
2019 was a big year for both the Anti-Money Laundering (AML) and regtech spaces. In the last 12 months, we have witnessed many changes to regulation, increased fines for non-compliance, and a surge in new technology being developed to help firms with AML...
Encompass 2019 highlights – looking back at another successful year
2019 is fast coming to an end, and what better way to mark it than by looking back at some of our highlights from the last 12 months? It has been a year of change - with a number of hires, old faces returning and even a new office for our London team. We have also...
the full picture, this week – 20 December 2019
Let us put you in the picture this week, as we round-up and react to the latest news from the financial crime compliance and technology sectors.This time, we have the latest as a European Commission Expert Group pushes regulators to respond to the changing nature of...