9 November 2021 | Singapore – Regtank Technology, a one-stop compliance solution provider, has been nominated as one of the Top 40 finalists for the SFF Global FinTech Awards 2021.
The SFF Global FinTech Awards 2021 is a collaboration between the Monetary Authority of Singapore (MAS) and Singapore FinTech Association (SFA) which brings together all the FinTech Awards which were previously awarded separately.
Evaluated by distinguished panelists from various organisations, including DBS, JP Morgan and PayPal; the theme for this year’s Award is “Emerging from a pandemic, the road to recovery”. The Awards recognise innovative solutions that have helped the financial sector recover from the impact of the pandemic — such as initiatives that have helped to create new growth prospects, reform industry processes, and promote financial inclusion.
Chosen as one of the 40 finalists from 190 candidates, Regtank’s unique offering stood out. The Award was determined based on 4 criteria: (i) impact; (ii) practicality; (iii) interoperability; and (iv) uniqueness and creativity.
With a vision to simplify compliance for the next generation, Regtank combines Know-Your-Customer (KYC) and Know-Your-Transactions (KYT) into an ultimate compliance solution that provides clients with a 360° risk profile while looking into AML/CFT. Regtank provides risk assessment and management, screening, record keeping, transaction monitoring, ongoing due diligence, blockchain analytics, and the identification of a source of funds.
Regtank aims to make compliance easier by continuously enhancing the SaaS platform and deepening research into its patent-pending intelligent AML risk engine.
Winners for the SFF Global FinTech Awards 2021 will be announced on the 11th November 2021 at 18:00 (SGT/HKT). Register via https://www.fintechfestival.sg/ to stream the event.
Regtank is the leading provider of a one-stop software-as-a-service compliance solution, serving to revolutionize the compliance landscape. Adopting a risk-based approach (RBA) incorporating the entire onboarding process as well KYC and KYT into a single consolidated platform, Regtank has innovated a comprehensive and advanced AML/CFT smart risk assessment engine that can automatically classify the risk of individuals tailored to the risk matrix of the clients. Regtank today provides digital onboarding, risk assessment and management, screening, record keeping, ongoing due diligence, transaction monitoring, blockchain analytics, and the identification of the origin of funds. For more information, you can visit us at https://regtank.com/.
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Regtank Technology Ptd Ltd
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