Screening for Fintech

Automating compliance screening for Fintech companies continues to gain momentum as companies look at investment across their core business model. As an ongoing influx of disrupting FinTech companies continues to transform the global financial services market, concern about KYC and AML compliance has grown. FinTechs worry about their reputation and brand risk as they look to take more market share and gain efficiency.

RDC is an ideal partner for FinTechs in helping them drive:
Accuracy. Our integrated solution for PEPs and Sanctions screening together with the most comprehensive adverse media data enables RDC to identify more risk events than any other solution.
Efficiency. RDC’s combination of machine learning, name matching and natural language processing technologies together with expert risk analyst review enable us to reduce false-positives by up to 94%
Speed. RDC offers real-time compliance screening. This API-based solution streamlines online client onboarding and transaction screening, enables real-time sanction screening on outgoing payments and can be quickly integrated with existing systems

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RDC a Leader in IDC’s KYC Marketscape

RDC has been named as a “Leader” in IDC MarketScape: Worldwide Know-Your-Customer Solutions in Financial Services 2018 Vendor Assessment.

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01

November

2018

Using Natural Language Processing to Interpret Risk-Relevant Content

Explore the world of natural language processing (NLP), a fast-evolving technology that’s ideally suited to making sense of unstructured risk intelligence data at […]

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29

October

2018

RegTech – Not Just for Startups

By Michael Kerman | October 29, 2018 After the 2008 crisis, financial institutions faced a mountain of new regulations and […]

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11

October

2018

Eight Reasons Why Search Engines Are Not Due Diligence

By Michael Kerman | October 11, 2018 Search engines are free, easy to use and powerful. Could you use them […]

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18

September

2018

It Takes Two To Tango: The Interdependence of Data and Technology

By Michael Kerman | September 18, 2018 Everyone’s talking about artificial intelligence and machine learning (AI and ML). But what’s […]

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11

September

2018

Combating Modern Slavery and Human Trafficking: What Financial Institutions Should Know

The issue of modern slavery continues to be a sensitive topic within the private sector. A lack of experience of […]

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03

August

2018

Using Cognitive Prediction to Confront Terrorist Financing

Traditionally, the approach to dealing with terrorist financing starts by breaking it down into two kinds of needs: supporting organizational […]

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24

July

2018

Tracking Risks Regarding Marijuana Related Businesses: Seed to Sale Monitoring

With conflicting opinions from state and federal legislation and limited guidance from the Department of Justice and FinCEN, financial institutions […]

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