‘RegTech Partner of the Year’ Win at 2024 British Bank Awards

London, May 10, 2024 – ComplyCube, the leading KYC/AML SaaS provider, has been honored with the prestigious “RegTech Partner of the Year” award at the British Bank Awards 2024, hosted by Smart Money People. This award celebrates ComplyCube’s exceptional achievements in enhancing banking regulatory processes through its comprehensive compliance and fraud prevention technology.

Excellence in Innovation and Security

The British Bank Awards, organized annually by Smart Money People, aims to highlight the best products, innovations, and partnerships that contribute to transforming the UK’s banking and financial services landscape. The “RegTech Partner of the Year” category specifically recognizes a company that has made significant contributions to the field of regulatory technology with effective solutions that optimize compliance and improve security measures in the financial services sector.

ComplyCube stands out as a partner that can help its customers harness its pioneering verification technology to ultimately keep people’s money safe.

Jacqueline Dewey, CEO of Smart Money People, highlighted the importance of ComplyCube’s contributions, stating that “Adopting the latest technology is an important part for banks to remain relevant for their customers. ComplyCube stands out as a partner that can help its customers harness its pioneering verification technology to ultimately keep people’s money safe. Congratulations to the team at ComplyCube.”

Leadership in Regulatory Technology

As a recognized leader in the RegTech space, ComplyCube provides a comprehensive suite of solutions that streamline Identity Verification (IDV) processes and enhance Anti-money Laundering (AML) and Know Your Customer (KYC) protocols. These solutions facilitate safer and more efficient transactions, ensuring compliance with evolving regulatory requirements and delivering an improved customer experience.

As the financial industry faces increasingly complex regulations, ComplyCube has positioned itself at the forefront of the RegTech sector. The company offers a sophisticated platform that simplifies the implementation of KYC and AML protocols, enabling banks and other financial institutions to achieve compliance with ease and precision.

ComplyCube’s partnership model focuses on collaborative success, working closely with banks of all sizes, from emerging fintechs to established global entities. Its impact extends beyond compliance, influencing broader strategic goals such as operational efficiency, scalable growth, customer trust, and long-term loyalty.

Vision for a Secure Future

Dr. Tarek Nechma, CEO of ComplyCube, responded to the award, remarking that “Receiving the ‘RegTech Partner of the Year’ award at the British Bank Awards is a testament to our team’s dedication to innovation and excellence in the regulatory technology sector. At ComplyCube, we are committed to delivering solutions that not only meet but exceed the compliance needs of our partners. This recognition fuels our continued efforts to drive technological advancements and shape a more secure, compliant, and efficient financial services environment.”

Receiving the ‘RegTech Partner of the Year’ award at the British Bank Awards is a testament to our team’s dedication to innovation and excellence in the regulatory technology sector.

The company’s collaboration with various banks and financial institutions globally, including prominent names such as Citi Bank, Al Baraka, and HSBC, highlights its capacity to adapt and deliver comprehensive solutions that address the rigorous identity assurance and fraud prevention level required within the financial industry.

About ComplyCube

ComplyCube specializes in leveraging cutting-edge AI and machine learning technologies to provide industry-leading solutions for identity verification and regulatory compliance. Its automation-first SaaS platform offers robust tools designed to enhance operational efficiency and protect against financial crimes, reinforcing its status as a trusted partner in the RegTech field.

About Smart Money People

Smart Money People is a leading financial services review and insight company that focuses on providing transparent and reliable information across the banking and financial sectors. The firm hosts the British Bank Awards annually to recognize and commend the outstanding achievements within the industry, promoting innovation and customer-focused services.