RelyComply

"𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻 𝗗𝗲𝘀𝘁𝗮𝗯𝗶𝗹𝗶𝘀𝗲 𝗵𝗮𝘀 𝗲𝘅𝗽𝗼𝘀𝗲𝗱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻-𝗱𝗼𝗹𝗹𝗮𝗿 𝗺𝗼𝗻𝗲𝘆 𝗹𝗮𝘂𝗻𝗱𝗲𝗿𝗶𝗻𝗴 𝗻𝗲𝘁𝘄𝗼𝗿𝗸𝘀 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝗶𝗻 𝗮 𝘄𝗮𝘆 𝗽𝗿𝗲𝘃𝗶𝗼𝘂𝘀𝗹𝘆 𝘂𝗻𝗸𝗻𝗼𝘄𝗻 𝘁𝗼 𝗶𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗹𝗮𝘄 𝗲𝗻𝗳𝗼𝗿𝗰𝗲𝗺𝗲𝗻𝘁 𝗼𝗿 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘀.” - Rob Jones 🇬🇧 In the UK, a landmark AML case has been resolved, exposing the very real ties between cryptocurrency and nefarious criminal networks operating overseas. Undertaken by Britain’s National Crime Agency (NCA), the Federal Bureau of Investigation (FBI), France’s Police Nationale (DNPJ) and Ireland’s Garda Síochána Inspectorate, 'Operation Destabilise' was able to seize 𝗼𝘃𝗲𝗿 £𝟮𝟬𝗺 in cash and cryptocurrency laundered for gangs and “Russian elites seeking to bypass sanctions. The unprecedented investigation showcases near-invisible threads uniting ransomware attacks from crypto-savvy cybercriminals, sanctions lists and street-level drug deals – only further stressing the importance of KYC and enhanced due diligence in tracing launderers and their global affiliates. Learn more about the bust and more about Russian sanctions in the UK via the article below. 👇 https://bit.ly/4glyt7i

🔵 Seeing a ‘𝙗𝙡𝙪𝙚 𝙨𝙘𝙧𝙚𝙚𝙣 𝙤𝙛 𝙙𝙚𝙖𝙩𝙝’ is minuscule compared to the global financial toll such disruption causes – over $𝟏𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧. The CrowdStrike outage was more than a glitch—it was an alarm for financial services to reassess third-party risks. The UK's regulator, the Financial Conduct Authority, sees this as a stark reminder: vulnerabilities in interconnected systems can trigger massive disruptions, exposing financial institutions and their clients. Don’t let your compliance, KYC, or risk management lag behind. The cost of inaction is far greater than a system reboot. 💡 Dive into the lessons from this wake-up call here: https://bit.ly/3BszTO9

🗞️ News moves fast. But it’s on the tails of the criminals who are quickly damaging the financial system. We’re all used to a gamut of information, some true and some not. For compliance teams, sifting through the noise for incriminating customer information takes pinpoint accuracy—all to flag potentially risky clients as early as the onboarding stage. It’s difficult to gather the web’s trusted sources of adverse media. However, when 80% is automated, analysts can raise and investigate the risks that matter. Contextualise data. Get timely updates. Adjust your processes flexibly. Discover how via our website. 👇 

We’re proud to announce that we've been listed on #𝗥𝗲𝗴𝗧𝗲𝗰𝗵𝟭𝟬𝟬 2025 – a recognition of our commitment to challenging the status quo and driving innovation in regulatory technology! 🎉 🚀 Our mission has always been to be a global platform that effectively empowers financial services to prevent and combat financial crime. Thank you to the FinTech Global team for this honour. We’re excited about the journey ahead as we continue to innovate, adapt, and lead in the RegTech space. Learn more about the 𝟔 𝐤𝐞𝐲 𝐭𝐫𝐞𝐧𝐝𝐬 shaping the future of regulatory compliance: https://bit.ly/4fieQeS

👋 Please welcome Gerhard Fourie, our new Pre-Sales Solution Architect at RelyComply! Gerhard has been in software development for over a decade and has led several cross-functional teams, including developers, business analysts, project managers, and support engineers. His focus shifted to presales solutions architecture about 4 years ago, and he has since mastered the art of technical sales across Africa. His experience with KYC and AML and channelling his inner compliance officer while crafting solution designs would make him feel right at the place at RelyComply.   FUN FACT 🏁 Some say he is a tamed racing driver; all we know is that Gerhard is a family man and proud father of a 19-month-old baby boy outside of work. He frequently supports charitable causes, enjoys physical activities and the outdoors, and often combines all of the above. We’re thrilled to have you on board, Gerhard!

Robust digital verification methods aren't just necessary but a cornerstone of trust in financial services. In today's fast-paced financial landscape, identity verification methods need strengthening to help 𝐜𝐨𝐦𝐛𝐚𝐭 𝐜𝐫𝐢𝐦𝐞 and 𝐞𝐧𝐬𝐮𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 in digital transactions. Yet, many institutions still grapple with process gaps, leaving them vulnerable to fraud and inefficiencies. Now more than ever, financial services must prioritise their verification strategies to mitigate risks and build stronger client relationships. 🚩 Our CEO, Bradley Elliott, provides tips for FIs to spot red flags during onboarding protocols here: https://bit.ly/4glVJBw

👋 Please welcome Louise Lanham, our new Senior Content Manager at RelyComply! Louise brings over a decade of experience in digital communications, content strategy, and social media management. Her career spans major retail brands, dynamic start-ups, and global B2B organisations, where she’s led content strategies that blend creativity with measurable results. With a passion for storytelling and a knack for data-driven insights, Louise excels at driving engagement and building online communities. 🏃♀️ FUN FACT Louise is an avid runner who’s completed seven ultra-marathons! When she's not running campaigns, you can find her running through the mountains. We’re thrilled to have you on board, Louise!

🕸️ Ultimate beneficial owners have significant holes in their businesses. This means they can easily influence harmful multi-layered criminal networks, too. Uncovering UBOs is an AML requirement in many (but not all) jurisdictions, including the UK. Onboarding a business customer entails trust in both ways: a simple and risk-free process for financial institutions. With accurate profiling for high-risk entities and constant watchlist checks, catching them and their affiliated parties can be business as usual. Are you looking to speed up business verification by 20%? Look no further… https://lnkd.in/dch9vDzy

📈 RegTech in 2025: Trends to Watch Our CEO, Bradley Elliott, shares insights into six pivotal trends shaping RegTech in 2025. From the rise of AI-powered compliance to the integration of digital assets, the evolution of cloud risk management, and ESG-driven innovation, it's clear that RegTech is set to transform how financial institutions combat financial crime. Read the full article here: https://lnkd.in/dGai56xh

Criminals have historically evolved rapidly, even more so in the digital age. 💬 Are regulators too slow in stopping them from breaking away too fast? Our CEO, Bradley Elliott, was up bright and early to discuss with Moneyweb how launderers have moved from using cash-filled suitcases to operating through illegal websites, crypto assets, and micro-transactions via legitimate banks. It’s a giant multi-trillion Rand business, and Brad feels regulators (in partnership with financial services) are fighting the good fight, but they face tight resources. 🎙️Listen here to discover more about the extent of digital money muling, the progress of sandbox environments and whether we’ve successfully been able to move beyond a ‘whack a mole’ AML strategy.