Cheri Burns posted a blog post
The Foreign Exchange (FX) sector is driven by the need to complete quick transactions, and there is an expectation for fast and seamless onboarding that allows the path to revenue to begin as soon as possible.
This is a booming industry, with around…
Feb 9
Cheri Burns posted a blog post
Coronavirus has had an impact on almost everyone worldwide, and criminals are no exception.




Some newspapers have reported that there has been as much as a 20% reduction in crime since the pandemic began, and it will perhaps come as no surprise…
Jan 20
Cheri Burns posted a blog post
As a result of the COVID-19 pandemic, digital transformation initiatives have risen to the top of the agenda for many global financial institutions.




With refined priorities and the impact of the pandemic still being felt, they are having to…
Dec 23, 2020
Cheri Burns posted a blog post
For banks, the ability to conduct due diligence quickly and effectively can be the difference between winning and losing valuable customers.With customer experience an increasingly important differentiator competition increases, a seamless digital…
Dec 5, 2020
Cheri Burns posted a blog post
With the purpose of developing better strategies to identify hidden risks and building better products, web data extraction can help to transform data into a structured format that can assist businesses in making key decisions in today’s…
Nov 20, 2020
Cheri Burns posted a blog post
With individuals and businesses alike increasingly relying on technology to power output and enable the smooth completion of tasks, its benefits are clearer today than ever.​Looking at intelligent process automation (IPA) particularly, this has…
Oct 31, 2020
Cheri Burns posted a blog post
Currently, 80% of Know Your Customer (KYC) processes are manual, with organisations spending an estimated $8bn a year performing these mandatory tasks. According to Capgemini, the average financial institution spends $58 million per year on client…
Oct 10, 2020
Cheri Burns posted a blog post
There is no doubt that the COVID-19 pandemic has had far-reaching implications across the financial services industry. With some institutions facing up to restructuring, and customer expectations evolving, the need to embrace digital transformation…
Sep 26, 2020
Cheri Burns posted a blog post
Almost three-quarters (73%) of businesses are more likely to select a bank that could perform all relevant regulatory checks digitally, according to official research from Encompass.The data, which was obtained via a survey of 200 senior business…
Sep 12, 2020
Cheri Burns posted a blog post
What do the terms efficiency, transparency and respect mean in RegTech? That’s what the latest episode of the RegTech 20:20 podcast, from Encompass, asks.As solutions disrupt different parts of the RegTech ecosystem, financial institutions have…
Sep 5, 2020
Cheri Burns posted a blog post
“As a RegTech with a reputation for partnering to deliver successful transformation projects, Encompass harnesses our unrivalled knowledge of the external data systems relied on in KYC with IPA to automate beyond the reach of RPA alone.”RPA:…
Aug 22, 2020
Cheri Burns posted a blog post
After more than a decade of increasing compliance costs, executive teams are pushing compliance functions to find cost savings so resources can be redirected to growth initiatives.However, the work of Know Your Customer (KYC) operations remains…
Aug 8, 2020
Cheri Burns posted a blog post
Accuity, the leading global provider of financial crime screening, payments and Know Your Customer (KYC) solutions, and Encompass Corporation, a fast-growing provider of intelligently automated KYC solutions, have announced a strategic partnership…
Jul 25, 2020
Cheri Burns posted a blog post
In the current global climate, financial crime is a more pressing issue than ever.COVID-19, lockdown and the mass transition to remote working has created fertile ground for fraudulent activity in the UK. Needless to say, the pandemic has caused…
Jul 11, 2020
Cheri Burns posted a blog post
In the latest episode of the RegTech 20:20 podcast from Encompass, guest speakers Charles Delingpole, CEO and Founder, ComplyAdvantage, and Teodora Christova, EMEA Partner Manager for Refinitiv, delve into new research focusing on the topic of…
Jul 4, 2020
Cheri Burns posted a blog post
EQ (Equiniti), an international technology-led services and payments specialist, is delighted to announce that it has partnered with Encompass to further bolster its KYC proposition. EQ will work with Encompass to automate and use artificial…
Jun 27, 2020
More…

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!