AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Elucidate software8/7/2023 This enables compliance with know-your-customer (KYC) and money laundering regulations.įoundation in 2018. It can also be used to comply with regulatory requirements. A range of FinCrime and Compliance Key Risk Indicators are provided. The company Elucidate gives banks a 360-degree data-driven platform to identify, mitigate and assess the risk of financial crime in real time. Checklists, material for training, assessment lists for external service providers, software used, guidelines for business continuity management, the introduction of cryptographic procedures, procedural and organisational principles against data loss, for data protection and more.įoundation in 2015. The company Alyne compiles a comprehensive toolkit or library of templates that systematise/facilitate decision-making, monitoring and process design around cyber security, risk management and compliance. As always, the rule is: no older than 7 years. Here I present 7 promising German RegTech start-ups – in the narrower sense, but also in the broader sense. It is about automating money laundering checks, checking money transactions for fraud indications and the like. RegTech is understood in this narrower sense as a subset of FinTech. In fact, RegTech is understood somewhat more narrowly: It is about technologies for the digitalisation of reporting, specifically in relation to the finance industry. RegTech could thus be understood as smart technology-driven business models that support companies in meeting legal compliance requirements. Elon Musk recently asked angrily how entrepreneurs in Germany can still be successful in the face of a bureaucratic overkill to the same tune, Raoul Rossmann, board member in the eponymous retail group, stated sarcastically in a Handelsblatt interview : „We have to be careful that our companies do not become law firms with an associated commercial enterprise.“ Compliance comes along with bureaucratic hurdles. Especially in Germany, Compliance requirements are a serious challenge for entrepreneurs. ![]() The most recent versions of this extension are below, showing significant functionality changes and improvements.Regtech in a nutshell: Companies in Germany (and elsewhere) are subject to numerous (and extensive) regulations. Please see the full GNU General Public License for more details. This program is distributed in the hope that it will be useful, but WITHOUT ANY WARRANTY without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. This program is free software: you can redistribute it and modify it under the terms of the GNU General Public License (Version 3) as published by the Free Software Foundation. The code is fully open-source but does contain typography from Google Fonts. ![]() If you cannot see the extension icon, you might need to pin it from the extension menu. ![]() ![]() Once installed, you just need to click on the extension in your browser toolbar, and your webcam will be shown as an overlay on the currently open browser tab. All you need to do is install! No sign-in, no configuration - it just works.
0 Comments
Read More
Leave a Reply. |