The fines levied by the SRA on 13 firms in recent weeks continue to demonstrate a fundamental lack of understanding around responsibilities when it comes to the money laundering regulation.
The firms in question had failed to comply with their procedural responsibilities to provide their firm-wide AML risk assessment and delayed their AML declarations.
What makes armalytix different? Why should I use it instead of the existing verification services provided by credit bureaus and other incumbent services on the market? These are questions we get asked quite a lot. Fair and reasonable questions, to which the answer is that armalytix is more accurate, more secure and simpler to use. However, we would say that. Let’s look in more detail at why we are confident that this is the case.
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From senior industry executives in finance and investment banking to front-line fintech start-up, how did Open Banking bring together the people that make up Armalytix Financial Technologies?
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