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From fines to safeguarding: Technology's place in banking compliance by 2024

The year 2023 demonstrated the increased importance of banking compliance, as the sector was subject to a crippling $6.6 billion in fines for violations in the areas of AML, KYC, and associated regulations.

By Tyree Schoen | March 12, 2024 | 0 Comments

What businesses should be aware of while searching for consultants with custodial independence

Providing advisers with seamless access to custodial data is one of wealth firms' major problems. This is a key component of how WealthTech may enable financial advisors to provide customers with the best possible service—not merely a technological challenge.

By Tyree Schoen | February 21, 2024 | 1 Comments