Tag: conflict of interest

During November, we continued improving two key capabilities of our platform – helping you search more efficiently and manage your workflows more effectively. In addition, we’re offering a sneak peek at the kinds of insights you can experience with our new Bring Your Own Content (BYOC) solution. We also continued enriching our regulatory coverage, most […]

Regtech Solution Understanding the various terms used in the financial services industry can be helpful, especially if you’re pursuing a career in this sector or working with financial professionals in your business. One term you might hear is regtech, which is short for regulatory technology. Explore the meaning of this term, and learn about regulatory […]

Partnership will offer seamless end to end RCM across all business processes, save time,  and standard taxonomy across all sources increases efficiency and confidence in compliance decisions. Today we are excited to announce our latest integration of Compliance.ai with AWS Marketplace’s digital catalog. You can now find Compliance.ai alongside the thousands of software listings run […]

During October, we continued improving two key capabilities of our platform – helping you search more efficiently and manage your workflows more effectively. In addition, we’re offering a sneak peek at the kinds of insights you can experience with our new Bring Your Own Content solution. We also continued enriching our regulatory coverage, most notably […]

Until recently, many investors considered environmental, social and governance (ESG) factors too expensive to prioritize. The belief was that focusing on these factors would make it harder to maximize returns. Recent research, however, has proven the opposite to be true. A 2020 report from the US SIF: The Forum for Sustainable and Responsible Investment found […]

In its commitment to provide world-class compliance orchestration management, Compliance.ai’s expert advisory board welcomes new members to its global advisory. SAN FRANCISCO, November 16, 2022 –Compliance.ai, the leading provider of regulatory change management (RCM) solutions for the banking, financial services and insurance (BFSI) industries, announces the addition of five subject matter experts augmenting subject matter […]

As firms move towards more sophisticated technologies to assist with their compliance obligations, the industry needs to consider the scale of education and skills needed to underpin this direction. The change in technology and in particular vendor tooling capabilities is fundamentally challenging existing industry norms and expectations as new and more sophisticated means of monitoring […]

As AI spreads throughout the enterprise, organizations are having a difficult time balancing the benefits against the risks. AI is already baked into a range of tools, from IT infrastructure management to DevOps software to CRM suites, but most of those tools were adopted without an AI risk-mitigation strategy in place.  What are the risk assessments that […]

As the new year approaches and belts are tightening for a projected recession, Compliance teams and professionals are already looking towards mitigating risk. Our expert panelists are honing in and addressing: – Challenges and considerations around the industry’s hot topics including addressing new regulations around AML, BSA and Fintech, Cryptocurrency. – Capital stress testing and […]

Over the past month, we have added features that help you research regulatory changes more efficiently. Most importantly we’ve introduced a new approach to navigating our international law library. We’ve consolidated the law  libraries under the Resources section within pro.compliance.ai. Now you can not only access US federal and state laws, but also international laws […]

The regulatory landscape for financial firms is in a state of flux, both in the U.S. and abroad. New anti-money laundering (AML) laws, sweeping new consumer protection requirements and new sanctions in response to Russia’s invasion of Ukraine are only a sampling of the regulatory pressures bearing down on financial firms—pressures that make both compliance and risk management constantly moving […]

Known for best in class services for banking, financial services and insurance industries, industryleading technology partners kick off with FREE webinar addressing the industry’s biggest challenges in risk and operational resilience. Today, Compliance.ai, leading provider of regulatory change management solutions, announces a partnership with Strategic Risk Associates (SRA), a provider of risk technology and consulting services. […]

At our annual EITL Forum event in Sept 2022, we provided a sneak peek at our BYOC solution. Additionally, over the past month, we have added features that help you further research and evaluate regulatory changes collaboratively, including a recent innovation on our “Related Documents” capability and extending our Concepts capabilities.   We also continued enriching […]

As ESG continues to be the priority for companies and boards, culture has emerged at the cornerstone of the ESG conversation. Corporations are increasingly called upon to articulate a sense of purpose and a clear set of values while balancing the interests of a range of stakeholders. Consumers, policymakers, and the public expect companies to […]

What’s ahead for Crypto and IT Compliance regulations? 2022 has seen tremendous regulatory movement in the commodities market with cryptocurrencies taking center stage. At the same time, Scandals like Wirecard show how limited the powers of supervision for regulatory authorities to subcontractors actually are. There will also be a high focus on information security and […]

Now that financial services firms have made it through the early phases of digital transformation – moving services online, modernizing front-office applications, and embracing mobile finance – the next wave of modernization is already picking up a head of steam.  According to a study by research firm IDC, global spending on AI systems will jump […]

Over the past month, we have focused on improving our collaboration functionality, including multiple workflow usability enhancements. We also continued enriching our resource content, most notably upgrading US Code to include Title, Chapter, Section information for easier navigation. Other new content includes regulatory updates for banking, insurance, housing, and the securities industries from US state […]

Advances in technology have had a significant impact on the financial services industry. For the most part, the impact has been positive. Technology has allowed us to bank from anywhere in the world and initiate payments remotely without having to write a check or go into a branch. Advancements in payments alone have changed how […]

Leading RegTech Software Platform partners with JAM FINTOP and Cota Capital to innovate regulatory change management (RCM) solutions for banking, financial services and insurance industry professionals. Today marks another benchmark underscoring Compliance.ai’s leadership in providing RCM solutions for the banking, financial services and insurance industries. Compliance.ai announces Asif Alam as the new CEO and has […]

By Matthew Hunter Manipulation is never a hot topic for compliance specialists as it is the Great Ocean on which they all sail. No single fraud is more important for detection and prevention than open market price manipulation. Market integrity is the bedrock upon which transactional capitalism rests. It is a C-Suite topic that inspires […]

By: Nirvana Farhadi, RegTech Expert It’s been almost 4 months since Moscow’s invasion of Ukraine in late February, and since then the US and its allies have imposed a series of financial, trade, and travel sanctions on Russia. We now have 4 months’ worth of data, and scrutiny, to help aid decision makers in assessing the […]

Today, Compliance.ai announces its second annual Expert-in-the-Loop (EITL) Forum where Jo Ann Barefoot Joins the Keynote Lineup for the Second Annual Event Addressing the Most Pressing Regulatory Challenges, Risks and Trends that Regulated Organizations are Facing in 2022. Attendees can register for the EITL Virtual Forum here. To read more about the upcoming forum, read […]

This webinar dives into a global perspective of regulations and cryptocurrency with our advisory experts. They discuss digital assets and the global outlook on cryptocurrencies and the regulations that control them. Our speakers discuss the world of digital assets and regulations is rapidly evolving all over the world. Join Kayvan Alikhani, Jeffrey Smith and James […]

Over the past month, we have continued to focus on aligning our platform with your compliance practices and systems, further improving our workflow functionality and integration capabilities.  We also continued enriching our coverage of US state legislation and regulations, plus added regulatory updates for Banking, Insurance, Finance, and Securities. We’ve also enhanced our coverage of […]

This interactive webinar with our experts explores AI and Risk Management. They discuss how AI is used as a tool since it can be used both to manage the risks and poses some risks by itself. Our speakers dive into how AI can be used to analyze large amounts of structured and unstructured financial data, […]

What is Governance, Risk and Compliance (GRC)? GRC is the is the best way to instill solid business practices that protect your organization and keep things moving as smoothly as possible.

Over the past month, we have continued to focus on providing tools that help you leverage Compliance.ai capabilities. In addition, we continued enriching our coverage of US state legislation, regulations, and other regulatory updates. We also added key new international sources from Switzerland, Germany, and Bahrain.  Enrich your understanding of Compliance.ai Resources using documentation downloads. […]

Corporate compliance is an essential part of any business plan. It refers to the process of making sure that your organization—including employees—upholds all state, federal, and global laws, standards, compliance regulations, and ethical practices that are applicable to your work.  Regardless of the industry you’re in, compliance helps you mitigate risk, operate within legal parameters, […]

Does your business have a compliance monitoring system in place? Compliance monitoring is crucial for organizations of every industry to determine if their programs are responsive, practicable, and align with company characteristics. Compliance policies are designed to help companies and corporations of all sizes reach optimal performance in all work processes. These written standards of […]

SEC enforcement actions in 2021 show the agency transitioning its focus to emerging risks, overseas corruption, and a record number of whistleblowers tips. The past year also showed that the SEC under the Biden Administration will pursue a larger volume of cases than in previous years. 2021 was a year of rapid change, but enforcement […]

Over the past month, we have continued to focus on aligning our platform with your practices and systems, further improving our workflow functionality and completing the suite of SCIM endpoints. In addition, we launched a new Training Center to help you become a Compliance.ai platform expert through a series of self guided courses. We also […]

This informative webinar by our experts examines the new joint rule regarding computer security incidents notification requirements for banking organizations and their bank service providers. Topics of discussion include: The rise in incidents and notification requirements in the US financial system Highlights of the new joint rule Specifics of the new joint rule Integration with […]

Over the past year, we have continued expanding our international coverage. To complement our geographic expansion, we’ve added high-quality, automatic translations into English for impactful regulatory documents. Contact support@compliance.ai to begin leveraging auto-translations today. We’ve continued enriching our coverage of US state legislation and regulations, plus regulatory updates for Banking, Taxation, Employment, and Cybersecurity. We’ve […]

The Covid-19 pandemic’s impact on the economy is far from over. Ripple effects spread far beyond the typical business’s bottom line. Besides obvious health and safety concerns and the operational difficulties that accompany remote work, and in addition to supply chain problems plaguing much of the economy, the typical enterprise has also seen its regulatory […]

Happy New year! While saying goodbye to 2021 in December, we focused on capabilities that help our clients manage larger compliance projects and use our core features more efficiently.  Additionally, we continued enhancing our coverage of state legislative activity along with regulatory updates concerning insurance and employment in the US. We also expanded our coverage […]

WEBINAR: A look into the future – Preparing for 2022 Compliance + Regulatory trends In this webinar, leading experts in regtech, compliance and risk take a look at what happened in 2021 and trends that are forthcoming in the new year including deep dives on: AML/BSA and corporate transparency Cybersecurity and Operational Resilience ESG and the […]

Compliance.ai is honored to be recognized as one of the world’s most innovative RegTech companies by the RegTech 100 three years in a row. Now in its fifth year, RegTech100 recognizes companies that offer cutting-edge solutions, products and services in the areas of compliance, risk management, information security and financial crime. Chosen from a field of over […]

In November 2021, we focused on capabilities that help our clients use core features more efficiently. Additionally, we have continued enhancing our coverage of banking, taxation, and employment related regulatory updates from multiple jurisdictions, including USA, the Middle East, and Asia. Connect with Compliance.ai using the new Help Center Whether you have questions about how […]

The leading regulatory change management (RCM) platform welcomes well-respected commodities trading expert, Matthew Hunter, to its advisory board, underscoring its commitment to leverage leading subject matter experts  Today, Comliance.ai is honored to welcome expert commodities trader, Matthew Hunter to its advisory board, and two new additions to its management team, Peter Mancuso to lead Customer […]

In October 2021, we focused on capabilities to help our clients further streamline  their regulatory change management experience, adding flexibility that helps you better align our solution to the needs of your organization, as well as your individual preferences. Additionally, we have continued enhancing our coverage of U.S. Insurance, Taxation, and Employment related regulatory updates […]

On June 11, 2021, the SEC released an update of its regulatory priorities, but it came with a glaring omission. The Spring 2021 Unified Agenda of Regulatory and Deregulatory Actions, which includes the SEC’s priorities and lists short- and long-term regulatory actions that administrative agencies plan to take. Notable SEC rulemaking priorities in the Spring 2021 […]

In September, Compliance CEO, Kayvan Alikhani, got together with commodities expert, Matthew Hunter, to discuss Benchmark manipulation and reporting. In this webinar they discussed the economics of the perception of compliance vs compliance including:- Are you manipulating your benchmarks?- When you are non-compliant in a major market what do you do?- Is it cheaper to [...]

In September 2021, we focused on capabilities to help our clients further personalize their regulatory change management experience. We also upgraded our US CFR coverage to take advantage of near-immediate updates. Additionally, we introduced  new US state regulatory resources focused on healthcare, employment and taxation as well as key international regulatory resources including  the European […]

To perform regulatory compliance the right way, (i.e., the act of monitoring and complying with the regular flow of regulatory laws, policies and mandates that impact their business operations), financial services firms and insurance companies need a robust content gathering operation to get the job done. That’s where regulatory intelligence can save the day. Regulatory […]

Financial services firms face a complex maze of privacy regulations that differ by state and country jurisdictions. Meanwhile, the rights to use customer data have evolved significantly.  During a panel discussion at the Expert-in-the-Loop (EITL) Forum on May 25–26, 2021, Compliance.ai CEO Kayvan Alikhani discussed the challenges of data rights and privacy with Michael Delune, […]

In June 2021, we focused on capabilities to help our clients organize regulatory change management processes and annotations more efficiently. We also added critical new resources, including NAIC Model Laws and Regulations, White House Briefings, and United Arab Emirates legislation, among others. Classify and group regulatory content with Compliance.ai Labels Compliance.ai’s Label feature helps you […]

How is your payments security looking these days? If your answer is “not great”, embrace these strategies. The Payment Card Industry (PCI) compliance protocol is now 14 years old and with the expansion of corporate (and individual) payment options over the past decade, companies would do well to measure their payment compliance success.  If that […]

As enterprises work to break down silos to integrate data for better decision-making, another set of silos is being overlooked: risk silos. These silos exist across the typical enterprise, with various departments (legal, sales, finance, compliance) handling risks differently and often in isolation.  Normal business activities— such as from an aggressive new sales campaign — […]

Getting the most out of data used to mean relying on getting the data. Now, with Expert-in-the-Loop, human experts help you get the best data for your business. Artificial intelligence continues to expand as a powerful presence in business, and in the compliance function, in particular. That’s for good reason.  A recent IDC study  shows […]

With the January 1, 2023 kickoff date, CPRA is coming. How does your compliance strategy stand right now? As we hit the halfway point of 2021, the clock starts ticking in earnest towards January 1, 2023, when the California Privacy Rights Act (CPRA) takes full effect. Organizations have had about eight months to digest one […]

In May 2021, we  continued introducing new capabilities to help our clients manage regulatory change management processes and workflows more efficiently. We pressed on expanding our regulatory coverage and have made it easier to find the most relevant regulatory changes to help optimize enterprise-wide compliance activities.  Revamp your alerts with our new relative date options […]

Compliance.ai continues to introduce new features that help our clients manage regulatory change management processes and workflows more efficiently and find the most relevant regulatory content to help optimize enterprise-wide compliance activities.  Establish your Business Profile to begin searching more efficiently. Recently we introduced you to Compliance.ai Business Profiling. Now, we’ve added the ability for [...]

The EITL Forum is more than just industry panel discussions: Learn more about transforming and modernizing legal, risk, and compliance processes while networking with industry leaders and your peers. Regulatory compliance for the banking, financial services and insurance (BFSI) industry is constantly changing. This is why Compliance.ai created the Expert-In-The-Loop (EITL) Forum as the industry’s [...]

When Presidential Administrations change, businesses must update their compliance programs in response. It’s an understatement to point out that the transition from the Trump to Biden Administration has been rockier than most, but if we narrow our focus to regulatory policy, the contrast is still stark.   How has the regulatory landscape change in Biden’s first […]

Ronjini Joshua (RJ): Hello, this is Ronjini Joshua. Today I'm here with Rick Dupree the CEO and Founder of Risk Alliance, and advisory board member of Compliance.ai. Today we're going to talk about how the banking industry is doing more with less in result of the pandemic. And now, coming out of the pandemic. Hi, [...]

We’re now more than a year into the COVID-19 pandemic. What lessons has the past year taught compliance professionals faced with a global health crisis, an evolving regulatory environment, and new modes of work?  To find out, Compliance.ai CEO Kayvan Alikhani recently spoke with industry experts Rick Dupree, CEO and founder of Riskliance, and Delphine [...]

As companies ramp up compliance and risk management training in 2021, one key question emerges.  With data breach incidents and compliance audits rising and as regulators demand stricter rules on how sensitive information is shared, how can companies properly train team members to be good stewards of customer data – and do so for the [...]

Compliance.ai is introducing new features that help our clients filter out the noise so you can optimize your compliance activities.  Introducing: Business Profiling: Punch in your company name, and we’ll do the rest Our new business profiling feature enables you to quickly build the recommended default filters for topics, concepts, and regulatory sources across jurisdictions [...]

Ronjini Joshua (RJ): Hi, this is Ronjini Joshua, I'm on the marketing team of compliance.ai. Today we're interviewing reg tech expert and compliance.ai advisor Nirvana Farhadi. Hi, hello, how are you? Nirvana Farhadi (NF): Hi, I'm good. Thank you. I'm excited to be here. RJ: Great. So, I'm very excited to get some of your [...]

There’s no doubt that risk and regulatory requirements have become even more pronounced in an increasingly remote workplace environment. According to Nasdaq’s Annual Global Compliance Survey 2020 , 74% of global finance firms deem organizational compliance standards to be “highly important.”  What’s more, 59% of survey respondents say compliance “deserves a seat at the table” [...]

Optimize your regulatory research experience with Compliance.ai’s new features. Use Concepts to find the regulatory changes most pertinent to key financial and operational topics. Also, be sure to try using auto-suggested “hints” to hone in your regulatory research without ever leaving the search bar. If you’re developing an application using our API, check out our [...]

Ronjini Joshua (RJ) - Hi and welcome to advisors corner for compliance AI. I'm Ronjini, Joshua, part of the compliance AI team. Today we're going to be interviewing Professor Jerry Markham, nationally recognized scholar and professor of law at Florida International University at Miami. Hi, Jerry, how are you doing today? Good afternoon. Thank you [...]

The past year was a momentous one for the Securities and Exchange Commission (SEC), as the agency made headlines with major cases that pulled in a record dollar amount in fines and other penalties. Now, with a new Biden administration and SEC Chair Jay Clayton stating that he will step down before his term ends in [...]

2020 was a year of striking volatility for the compliance sector, with the focus of corporate risk management redirected from every daily compliance activities, to a volatile U.S. political election, to dealing with a global pandemic that seems to have changed the workplace permanently. What is 2021 bringing already in terms of “lessons learned” for [...]

Advisor's Corner with Hugh Cadden Ronjini Joshua (RJ) -  Hello, welcome to compliance AI Advisors Corner. Today we're speaking with Hugh Cadden, a senior consultant with Onpoint Analytics and an expert in derivative markets. Thank you, Hugh, for joining us today. So, today we're gonna talk a little bit about the spoofing and JPMorgan case, [...]

Companies have enough problems battling internal cybersecurity risks without worrying about third-party security issues. Unfortunately, third-party cybersecurity breaches occur more frequently than one might think. Just ask security officials at Target Corporation, Marriott Corp., and the U.S. Office of Personal Management – all of which experienced severe third-party cyber breaches during the past decade. While [...]

2020 was a whirlwind year for compliance professionals, as a global pandemic, a chaotic regulatory environment, and a changing workplace model all posed severe challenges to companies. Make no mistake, those challenges aren’t going away soon in 2021, especially as compliance officers report more regulatory inquiries rolling in during the pandemic. Case in point. A [...]

Personalize your regulatory change experience with Compliance.ai’s newest features. Try our new widgets to create your own Regulatory Command Center on your Dashboard. Plus, fine tune your workflows even further to meet your organization’s specific requirements.  .  And, of course, all of these activities are captured in an audit trail, which reduces the time you [...]

HighBond platform for compliance and risk management integrates new regulatory intelligence content for real-time alerts and response SAN FRANCISCO, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Galvanize, the global leader in SaaS governance, risk, and compliance (GRC) software, today announced a strategic partnership with Compliance.ai, the leading AI-driven regulatory compliance technology, to increase the regulatory content available in [...]

Companies seem to be hitting the “pause” button on compliance surveillance activity, and the culprit is a familiar one in 2020: COVID-19.  U.S. companies falling behind with their internal testing and surveillance activities point to several key logistical issues – with the shift to remote workplaces at the top of the list. “At the height […]

Regulatory frameworks are in a state of constant evolution, both across industries and around the world. In the post Covid-19 world, governmental regulation related to the fallout from the pandemic has taken center stage. In recent times, we have continued to hear about the concept of deregulation as a recurring theme. However, Covid-19 has ensured […]

A global pandemic, economic turmoil, and a series of far-reaching, consumer-privacy regulations enacted in response to high-profile data breaches have combined to create a regulatory landscape that is constantly in flux.  The trouble is that in the early stages of responding to widespread societal changes, various jurisdictions and regulatory bodies tend to act in isolation. […]

Global compliance teams have an unusual, even relaxed stance on search engine use by their companies. If anything, compliance specialists are too reliant on the Internet, especially with the use of search engines in conducting their internal due diligence. According to one industry study, 85% of compliance officers have used Google to conduct internal due […]

Leading regulatory change management (RCM) platform further expands internationally, and enhances its workflow, reporting and collaboration capabilities while expanding industry expertise on its advisory team SAN FRANCISCO, November 10, 2020 –RegTech company Compliance.ai has closed its Series A round of financing, raising $3 million in additional funding led by Cota Capital. The company is committed […]

Compliance.ai helps you reduce the noise and manage your tasks more effectively. These newest enhancements to our platform help you filter by Document Type, increased control over Workflow Management  and new and expanded Content sets. Default Filters: Document Types Finding the content you need just got easier with our new Default Filter for Document Types. [...]

When the Covid-19 virus began spreading around the globe, mitigation strategies varied from mandatory shutdowns of all but essential businesses (California, New York and several other U.S. states) to hopes for herd immunity (Sweden) to Big Brother-style tracking of citizens' movements (China) via mobile phones. An avalanche of new regulatory mandates are being enacted, but [...]

Who “owns” compliance at your firm? It’s a fair question – and one that too many companies can’t fully answer. Technically, any compliance officer or risk manager may take the title – and responsibility – for company risk management obligations. Yet that’s not entirely fair or accurate given the lower-level priority companies often give to [...]

Compliance offers know that a big part of their job is to know what the future brings as regulators inundate companies with new state and federal mandates and statutes. That’s a big deal when new mandates clock at several thousand regulations annually. Getting ahead of that workload, however, is easier said than done. Obstacles that [...]

In the ramp-up to GDPR enforcement, businesses cited a lack of understanding about their own internal data processes and confusion about the law itself as major obstacles to compliance readiness. As laws mature, enforcement actions (EAs) shed light on those concerns, but before enforcement starts, businesses often the data they need to fine-tune their compliance [...]

There’s few hard and fast numbers on how many companies continue to rely on manual compliance strategies to manage risk. Certainly, more companies have either moved – or are moving – to automated workflow-based compliance systems. Still, the issue of manual compliance systems is one that won’t go away. One report that does shine a [...]

The novel coronavirus has disrupted everyday life in countless ways, from social distancing to school and business closures. Yet one change that has been overlooked as we navigate this pandemic has been a torrent of new regulatory mandates. In this webinar, experts Kayvan Alikhani, co-founder and CEO of Compliance.ai and Rick Dupree, Risk and Compliance [...]

After speaking with 100s of CCOs about their Regulatory Change Management (RCM) process, we added Annotation capabilities to the Compliance.ai platform for you. This new feature will allow you to complete familiar tasks in a new way.  As a compliance professional, you perform line-by-line analysis of regulations to provide guidance, identify risks, and assess obligations. [...]

For company compliance officers, regulatory enforcement doesn’t take a holiday – even in a global pandemic. Regulatory enforcement pressures, lower staff headcounts, and changing strategies are changing the shape of corporate compliance as more companies leave legacy-based compliance programs behind and steer towards new-age FinTech- and RegTech- powered compliance teams. The new era of RegTech [...]

San Francisco, CA (June 24, 2020) – Compliance.ai recently announced the addition of three leading industry experts to its advisory board – adding expertise in banking, legal and RegTech. Compliance.ai also launched new capabilities to further support compliance professionals in their day-to-day regulatory change management process.  Joining the advisory team are Dr. Brent Crider, CAMS, [...]

With the media and industry focus on COVID-19 and the resulting global economic slowdown, a once emerging innovative incubator issue – regulatory sandboxes – has taken a back seat. But likely not for long. Born of an entrepreneurial-friendly stance in Europe, particularly the UK, via the Financial Conduct Authority (FCA), regulatory sandboxes give FinTech and [...]

For business leaders, ushering in an AI-driven global calamity isn’t a top-of-mind concern, but even avoiding smaller risks can be a major challenge. Businesses must figure out how to deploy AI in a way that does not harm consumers, violate consumers’ privacy or otherwise run afoul of laws. If they can’t, it could trigger massive […]

In a time of pandemic – check, that – especially in a time of pandemic – regulatory technology compliance solutions are needed more than ever, and the proof is in the performance. That’s no hyperbole – it’s the outlook from major industry companies and a wide array of financial institutions. Case in point. Before COVID-19 […]

Compliance.ai continuously introduces new content to ensure you can access critical regulatory and compliance documents for your business and delivers new capabilities to help you focus on what’s most important. I’m Ruth McKenzie, senior product manager at Compliance.ai, and I’m excited to share some of the features and content we’ve added to our platform this […]

With the world’s focus on the deadly coronavirus showing signs of shaking loose, businesses are starting to get back to some form of normal and are tackling problems that were sidelined during the pandemic. Make no mistake, blockchain is one of them. The decentralized public computing platform is growing by leaps and bounds, growing from […]

As the MetricStream GRC Summit kicks off. Compliance.ai announces our integration with the MetricStream platform. This integration provides financial institutions of all sizes a premier regulatory intelligence solution and allows them to proactively manage the growing volume of regulatory changes happening today. Compliance.ai is a proud sponsor of the MetricStream GRC Summit on May 18 […]

The novel coronavirus has disrupted everyday life in countless ways, from social distancing to school and business closures. Yet one change that has been overlooked as we navigate this pandemic has been a torrent of new regulatory mandates. Read about how the COVID-19 crisis is driving compliance modernization and why businesses should turn to modern […]

Consumer privacy may be the name of the game with the newly-enacted California Consumer Privacy Act, but you can’t blame a corporate compliance officer for discovering it’s a “sticker shock” price issue, too. The CCPA, which is aimed at boosting privacy protections for Golden State residents, went into effect on January 1, 2020. Built on […]

Compliance.ai offers a modern solution for legal and compliance professionals who strive to stay ahead of the avalanche of new and changing regulations. We listen to hundreds of Chief Compliance and Risk Officers and created a platform that automates much of their team’s process, simplifying regulatory change management. I’m Ruth McKenzie, senior product manager at [...]

Data automation is all the rage in corporate information technology circles. That goes double for compliance and regulatory practices, which offer a unique set of challenges for company policy makers on the hunt for software tools that advance their compliance efforts. Unfortunately, those efforts are proceeding at a glacial pace, given the traditional challenges facing […]

In the age of the current pandemic, compliance officers have enough on their plates without worrying about audits. Yet that’s exactly where decision-makers stand these days, as a new study points out how far companies have fallen behind the curve on successful audit programs. According to the Bonadio Group, a CPA firm based in Rochester, […]

Staying on top of the latest CRA Modernization news and regulations is not easy. Tune in to our recent webinar with Compliance.ai CEO, Kayvan Alikhani, ProBank Austin’s, Anetria Cohen and findCRA’s, Brian water as they discuss CRA, the latest shift for CRA Modernization, and what the future of CRA may look like in a time [...]

For corporate compliance teams, enforcement patterns can be more important than the underlying laws themselves. Most unenforced or lightly enforced laws aren’t as obvious as the uncaged bear law, however, so it’s up to chief compliance officers to determine where to focus their resources. Read more in our latest Forbes post by Kayvan Alikhani, CEO […]

Is self-reporting an effective way of curbing U.S. Security and Exchange Commission fines and penalties? It’s the right thing to do, and it can work in your favor. Case in point, on March 11, 2019, the SEC reported a settlement agreement with 179 U.S investment advisors that imposed no penalties for violation of Section 206(2) […]

Today, we announced our expanded library of Insurance industry content, designed and added for risk and compliance teams in the insurance industry.  Compliance.ai now offers comprehensive coverage for banking, financial services and insurance (BFSI), and is the first-ever to offer automatic regulatory classification, sentencification and obligation extraction for the insurance industry across a wide range […]

The carnage from the stock market in early March, due primarily to the ongoing coronavirus issue and plummeting prices, is accelerating angst over a slowing U.S. economy. Facts and figures are hard to come by in a global health and financial crisis, but the U.S. economy does seem stable. Data from the Atlanta Federal Reserve’s […]

Today, we are excited to announce our strategic partnership with Riskonnect at the RSA Conference. This partnership allows users to further organize, simplify and streamline their regulatory change management process by providing a feed of global regulatory changes on a regular basis. Read the press release: New platform integration enables risk and compliance managers to […]

The RegTech market has shifted into overdrive in 2020, but it still suffers from the myths, fallacies, and misperceptions that can stunt the growth of any emerging industry – if it doesn’t respond to legacy-inspired rumbling and grumbling. What are the biggest myths surrounding the RegTech market and threaten its growth? We see these three […]

The California Consumer Privacy Act (CCPA) went into effect on January 1, 2020, and while enforcement has been postponed for six months, businesses that squander the grace period could face big risks. Learn more about the biggest difference between the two laws is how the CCPA is affecting other jurisdictions. Read the full post on Forbes Technology Council. […]

Banking industry executives must feel like they’re in for a roller-coaster ride on the regulatory front in 2020. The bar is locked down, the coaster is rolling out of the gate, and bankers should hold on tight as myriad twists and turns await them in an aggressive regulatory cycle this year. The ride should be […]

The bull market for cryptocurrencies cooled off last year, as the technology ran into major roadblocks, including regulatory constraints, fallout over illegal ICOs (Initial Coin Offerings) and criminal indictments for crypto mining fraud. After a turbulent 2019, my level of skepticism about whether cryptocurrency will be widely adopted in 2020 has increased significantly. In talking […]

As the new year begins, I’ve been both reflecting on key milestones Compliance.ai achieved last year and looking ahead to where we will be going in 2019. I am proud of the progress our team made in 2018 to help modernize how compliance teams address risk. Here are some highlights of what Compliance.ai accomplished in [...]

"Compliance.ai, a compliance and regulatory management platform vendor, uses Tibco Mashery to help manage and compile many different APIs and data sources. Startup Compliance.ai pieces together a lot of data from disparate sources to help its clients understand complex regulatory information. To help get that data to its users, the regulatory management platform vendor has [...]

The platform automatically parses regulations to figure out their relevancy to a firm. RegTech provider Compliance.ai has launched a new workflow solution that takes advantage of artificial intelligence for regulatory compliance. The new solution, part of its Team Edition financial regulatory change-management platform, uses machine learning to automatically determine which changes in rules impact specific companies. Here are [...]

Intuitive Workflow and Collaboration Automation Simplifies Steps Financial Services Institutions Must Take to Stay Compliant and Lower Compliance Risk WASHINGTON, Nov. 07, 2018 (GLOBE NEWSWIRE) -- Today at RegTech Enable, Compliance.ai announced the general availability of its Workflow Automation solution, part of the Team Edition financial regulatory change management platform. A RegTech pioneer, Compliance.ai’s modern SaaS platform enables Chief [...]

To streamline regulatory change management, one must have knowledge and understanding of how regulatory rules are written and published.  Various agencies produce regulations for financial institutions. For example, the Consumer Financial Protection Bureau (CFPB) publishes rules as mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act.  The CFPB’s rulemaking process begins with research and is [...]

"If you define the problem correctly, you almost have the solution,” - Steve Jobs, a pioneer of technology commented on the use of technology as solutions What are some of the challenges? One of the most challenging hurdles financial institutions face today is the burden of regulatory compliance.  Banks have been spending billions of dollars [...]

How Do You Keep Up with New Obligations? The next part of our “Day in the Life of a Compliance Officer” blog series is going to take a deep dive on one of the most complex and dynamic pieces of the Compliance Management System, staying current with new rules and regulations. The Change Management Program [...]

“A Cyberattack can’t blow up the world, but it can upend geopolitical stability. It can destroy national alliances, and work to undermine the most powerful democracy on Earth. It can even undercut the very idea of truth. Short of nuclear weapons, hacking has become the most destabilizing tool in geopolitics.” (Dreyfuss, 2017) Cyberattacks seem to [...]

What does a Compliance Officer do? Being a Compliance Officer (CO) within a financial services organization isn’t for the faint of heart. It’s a tough job with high risks, but it can also be high in rewards. There aren’t many people out in the workforce with the fortitude and skillset to take on the task, [...]

Regulatory compliance is both a necessary and costly business expense for banks.  In an era of global trade and ever-changing regulations, the burden of compliance can be overwhelming for financial institutions. Traditionally, a dedicated compliance staff is necessary to review regulatory compliance filings and stay abreast of new regulations and proposed rules in the financial [...]

We are excited to share with you that Compliance.ai was shortlisted for Best Application of AI for Financial Services at the AIconics Awards, the world’s only independently-judged awards celebrating Artificial Intelligence for Business, which was announced at The AI Summit San Francisco last week. AI Business, the organizer of the Summit, noted this year's awards program: "Following the significant advances made in [...]

Financial Services Firms Need to Embrace Digitization and Automation to Succeed From financial advice to customer onboarding to compliance, the financial services sector is increasingly becoming more digital and automated. As a result, financial services firms can become significantly more efficient, while potentially boosting customer and employee experience. These changes are not limited in scope, as [...]

SaaS RegTech - The Modern Answer to Managing Regulations The proliferation of SaaS-based solutions has provided firms with exponential value compared to their traditional software products. The benefits of SaaS include: instant access from anywhere to powerful tools, rapid onboarding, instant updates, and increased ROI. A new group of SaaS-based products are tailored toward modernizing [...]

Bribery isn’t limited to paying public officials to look the other way. In financial services, it can also be an issue of crossing the line of generosity and running afoul of specific compliance rules like the Bank Bribery Act. This line can be crossed from both sides in finance, either with clients bribing employees or [...]

Since the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010, the implementation of this major legislation has been long and winding, with many attempts to alter it along the way. Still, the bill has made a significant impact on the financial services industry, as firms have had to cope with [...]

Since the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010, the implementation of this major legislation has been long and winding, with many attempts to alter it along the way. Still, the bill has made a significant impact on the financial services industry, as firms have had to cope with [...]

From credit unions to investment banks to global custodians, the whole spectrum of financial services organizations is facing significant regulatory change, which requires significant resources to manage. That's why banks of all sizes and services should look into RegTech, a part of FinTech that is dramatically simplifying compliance management, so that banks can focus on [...]

In a rare move, the Justice Department reversed course, filing an Amicus Brief in support of a ruling by a panel of the DC Circuit Court declaring the current structure of the Consumer Financial Protection Bureau (CFPB) to be unconstitutional.  Although the CFPB is an independent agency which may represent itself in court, for this [...]

Compliance teams have a difficult job. Resources are tight but the amount of new regulations is constantly increasing, which places more and more demands on compliance team members. Even in previous periods of deregulation, the number of regulatory updates has tended to steadily increase. The restrictions on business may shrink during these times, but the […]

The rules and practices around debt in the United States have received a lot of attention lately. The biggest stories have come out of the federal government, including new rules for debt collection from the Consumer Financial Protection Bureau. State rules make up a large portion of the regulations surrounding debt, however, and influence what […]