Cheri Burns
  • Female
  • Glasgow
  • United Kingdom
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Cheri Burns posted a blog post

Reflections on the Scrapinghub Web Data Extraction Summit 2020

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 ever-changing environment.However, this is an area that has become increasingly complex, as a result of evolving structures, practices and organisational…See More
Thursday
Cheri Burns posted a blog post

How automation is changing the face of global logistics

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 developed significantly in recent years, and has now become central to work across various sectors.Encompass’ intelligent process automation …See More
Oct 27
Cheri Burns posted a blog post

How partnering with Encompass helps organisations to deliver

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 onboarding alone.With the total for …See More
Oct 7
Cheri Burns posted a blog post

The importance of digital transformation as banks look to the future

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 and new solutions has never been more apparent.In a recent report, McKinsey…See More
Sep 22
Boris Agranovich liked Cheri Burns's blog post 'Nearly three-quarters of businesses are more likely to join a bank with a fully digital onboarding process'
Sep 19
Tich commented on Cheri Burns's blog post 'Nearly three-quarters of businesses are more likely to join a bank with a fully digital onboarding process'
"An interesting article, thank you Cheri. Some of my immediate thoughts... Do Banks really have the incentives to change their behaviour given the significant sway they hold over entire trade & exchange spectrum? Their agency relationship with…"
Sep 15
Cheri Burns posted a blog post

Nearly three-quarters of businesses are more likely to join a bank with a fully digital onboarding process

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 decision-makers in large- and medium-sized UK companies conducted by independent polling company Censuswide, also found that 57% of businesses are still with a provider that requires some paper-based documentation for onboarding and compliance…See More
Sep 10
Cheri Burns posted a blog post

Encompass podcast RegTech 2020 focuses on efficiency, transparency and respect

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 adapted, and varying degrees of…See More
Aug 31
Cheri Burns posted a blog post

Intelligent process automation: pushing beyond the limits of robotic process automation

“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: powering a wave of digital transformationCompanies intent on digital transformation are embracing software to automate business processes. The foundational technology powering this wave is…See More
Aug 20
Cheri Burns posted a blog post

The value of automation to a bank’s CRO and risk function

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 challenging, with particular issues being faced including:Difficulty in accessing the data required to unwrap complex corporate structuresDeadlines for urgent…See More
Aug 5
Cheri Burns posted a blog post

Accuity and Encompass partner to improve KYC risk assessments

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 to help customers streamline KYC processes, improve the quality of risk assessments and reduce the costs of compliance.When onboarding…See More
Jul 21
A blog post by Cheri Burns was featured

Digital transformation and financial crime in a post-pandemic world

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 widespread panic, financial stress and business instability.Recently, we’ve seen a rise in opportunistic fraudsters…See More
Jul 10
Cheri Burns posted a blog post

Digital transformation and financial crime in a post-pandemic world

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 widespread panic, financial stress and business instability.Recently, we’ve seen a rise in opportunistic fraudsters…See More
Jul 9
Boris Agranovich liked Cheri Burns's blog post 'Technology experts discuss the role of innovation in tackling financial crime'
Jul 1
Cheri Burns posted a blog post

Technology experts discuss the role of innovation in tackling financial crime

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 innovation in financial crime and priorities in the industry.Teodora Christova provides expert…See More
Jun 30
Cheri Burns posted a blog post

EQ partners with Encompass to bolster KYC offering

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 intelligence to analyse data that helps build a dynamic picture of a company or individual in just minutes, enhancing EQ’s technological capabilities…See More
Jun 23

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Cheri Burns's Blog

Reflections on the Scrapinghub Web Data Extraction Summit 2020

Posted on November 20, 2020 at 9:11pm 0 Comments

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 ever-changing…

Continue

How automation is changing the face of global logistics

Posted on October 31, 2020 at 9:17am 0 Comments

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 …

Continue

How partnering with Encompass helps organisations to deliver

Posted on October 10, 2020 at 9:27am 0 Comments

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…

Continue

The importance of digital transformation as banks look to the future

Posted on September 26, 2020 at 8:32am 0 Comments

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 and new solutions has never been more apparent.…
Continue

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