Category: RegTech
Bank Account Verification in the UK: How to Confirm Customer Details Instantly (Without Manual Checks)
A misdirected payment doesn’t announce itself, it just leaves quietly into an account that looks legitimate until it’s gone. This guide compares bank account verification methods pitted head to head: micro-deposits, Confirmation of Payee and instant bank account verification via Open Banking, so businesses choosing a bank account verification service know which one actually catches…
Automated Transaction Monitoring: Real-Time Architecture
Automated transaction monitoring only works if the bank data arriving is complete and current, not a batch file from last night. This guide breaks down the webhook architecture behind real production automated transaction monitoring systems, from payload structure to latency, and why partial bank coverage quietly degrades detection regardless of how sophisticated the monitoring logic…
AML Checks for Estate Agents: MLR 2017 Requirements
AML checks for estate agents are set by MLR 2017: customer due diligence, enhanced due diligence, source of funds and 5-year records, supervised by HMRC. This guide covers the exact triggers, the red flags inspectors expect you to catch, current penalty rounds, and what changes in 2026 for UK property firms.
Payroll Reconciliation: Real-Time Bank Data Fixes This
A miscalculated NI threshold sends one employee’s payroll reconciliation into a three-hour manual investigation. This guide walks you through how payroll reconciliation actually breaks, checkpoints to run before, during and after each pay cycle and how real-time bank data helps teams automate payroll payments and confirm PAYE and RTI matches without waiting for next-day bank…
AML Software for Accountants: Transform Compliance with Bank-Verified Data
Choosing AML software for accountants means comparing SmartSearch, Credas and Thirdfort on sanctions and PEP screening, then deciding whether bank-verified data should sit underneath your compliance stack. This guide covers evaluation criteria, a full comparison table, the verification gap most tools leave open, and how Open Banking closes it for UK accounting and bookkeeping firms.
AML Screening and Monitoring: The Real Difference (UK)
AML screening and monitoring get treated as one task, but MLR 2017 requires both as distinct obligations: first, due diligence at onboarding, then continuous transaction monitoring for the life of the relationship. This guide separates the AML screening process from ongoing monitoring and shows where UK platforms most often let the monitoring obligation quietly lapse.
What Is Right to Rent? UK Requirements and Digital Checks
Learn what is right to rent, the legal requirements for landlords in England, and how right to rent checks fit into modern tenant onboarding. Compare certified IDSPs with complementary verification workflows and see where Finexer supports lettings platforms without replacing statutory Right to Rent checks.
Payment Authentication UK: How SCA Works Under PSD2
Learn how payment authentication works under PSD2, when strong customer authentication (SCA) is required for UK electronic payments, and how card payments differ from Open Banking Pay by Bank. Understand platform responsibilities, SCA exemptions and why bank-managed authentication simplifies Open Banking payment flows.
Financial Records Retention UK: Structured Data Over Storage
Financial records retention UK requirements have not changed dramatically in 2026. What has changed is what regulators, auditors, and sanctions investigators actually expect to find when they request evidence. Stored documents are not enough. Structured, accessible, and bank-verifiable transaction data is what regulated platforms need to demonstrate compliance when it is tested rather than assumed.
Payee Verification UK: CoP Explained and B2B Alternatives
Payee verification in the UK covers two distinct mechanisms: the regulated Pay.UK Confirmation of Payee scheme for PSPs checking accounts before payment, and AIS-based bank account verification for B2B platforms onboarding suppliers. This guide explains how Confirmation of Payee works, who must comply, who provides it, and where Open Banking verification fits B2B onboarding workflows.
Landlord Rent Collection in the UK: Standing Order vs Direct Debit vs Open Banking Compared
Most UK landlords default to Standing Orders because that is how rent has always been collected. The method is free but gives the landlord no control. Direct Debit adds control, but it also adds fees. Open Banking is the newer option. This blog compares all three landlord rent collection methods on cost, speed, and reconciliation.
Property Management Software UK 2026: Top 6+ Compared
Property management software UK landlords and letting agents use to run tenancies covers rent collection, deposits, maintenance, accounting and MTD compliance in one platform. This comparison reviews six tools, Arthur Online, PayProp, Reapit, Re-Leased, Goodlord and Hammock, with a decision guide for self-managing landlords, letting agencies and PropTech platform builders evaluating Open Banking payments integration.
Data Security in Financial Services Begins Before the Database
Data security in financial services is not just about where data is stored – it is about how it enters the platform. Manual bank statements introduce fraud risk, integrity gaps, and compliance exposure that encrypted storage cannot fix. This blog covers what secure bank data access requires and how Open Banking APIs change the risk.
Enhanced Client Due Diligence: Making Compliance Work in Practice
Enhanced client due diligence is a mandatory requirement under MLR 2017 Regulation 33 for high-risk clients, PEPs, and complex transactions. Most EDD workflows still rely on manually collected documents that cannot be independently verified. This blog covers what EDD requires, when it applies, and how a structured client due diligence checklist works reliably in practice.
Client Due Diligence Solutions: Why Verified Data Beats Documents
Client due diligence solutions that rely only on documents leave compliance gaps that auditors and regulators can identify. PDFs can be altered. The source of funds cannot be independently verified from a statement alone. This blog covers why document-based CDD creates risk for Lawtech, conveyancing, and compliance platforms, and how verified bank data improves the…
Online Banking Frauds: Why Reliable Detection Happens Too Late
Online banking frauds are not always spotted at the point they happen. For platforms handling payments, onboarding, and financial workflows, the detection gap is the real problem. By the time fraud is confirmed, the payment has cleared and damage is done. This blog covers how online banking frauds work and why platforms detect them late.
Transaction Monitoring Process: Why AML Monitoring Fails Without Real-Time Data
The transaction monitoring process relies on the quality of data flowing into it – and most platforms are monitoring delayed, incomplete, or unverified records. This blog explains why the transaction monitoring process fails without real-time data, what AML transaction monitoring rules require operationally, and how bank-verified transaction data supports accurate, audit-ready AML monitoring workflows.
PSD3 Open Banking: Why Platforms Must Move Beyond Basic APIs to Scalable Financial Infrastructure
PSD3 open banking marks a structural shift in how financial data and payments must be handled across Europe and the UK. This blog explains what is PSD3, how it raises the compliance and infrastructure bar for platforms, and why the transition from basic API access to scalable, production-grade financial infrastructure is no longer optional for…
VAT on Rental Income: What UK Platforms Need to Track for Reliable Compliance
VAT on rental income in the UK is generally exempt for residential properties, but the tracking challenge for platforms is more complex. This blog explains is there VAT on rent, what accounting and property SaaS platforms must record, and how verified bank transaction data through Open Banking supports accurate rental income compliance workflows.
Financial Data Protection for UK Regulated Platforms: A Reliable Compliance Guide
Financial data protection in the UK goes beyond basic GDPR compliance for regulated platforms. This blog explains what compliance manual financial services requirements mean operationally for accounting tools, LawTech platforms, and fintech SaaS – covering data handling obligations, consent requirements, and how verified bank data access through Open Banking infrastructure supports compliant financial data workflows.
KYC in Financial Services: Why Verified Financial Data Is the Missing Layer
KYC financial services platforms face a critical gap – identity verification alone does not satisfy modern compliance requirements. This blog explains why KYC for financial services must include financial behaviour analysis, what verified bank data provides, and how Finexer’s FCA-authorised AIS infrastructure closes the financial verification gap in regulated compliance workflows.
Transaction Monitoring Rules: How AML Workflows Define Suspicious Activity Detection
Building AML monitoring workflows on verified bank data? Finexer gives UK platforms FCA-authorised AIS access – structured, continuous, audit-ready. Contact Now A transaction monitoring system does not detect suspicious activity on its own. It detects what its rules tell it to detect. This distinction matters more than most platforms acknowledge during compliance infrastructure design. The…
Transaction Monitoring Solutions: Scored Evaluation (UK)
Transaction monitoring solutions are only as reliable as the financial data feeding them. This blog explains how continuous bank transaction data streams enable effective monitoring workflows – covering the transaction monitoring process, data requirements, and how Finexer’s AIS infrastructure supports compliance-focused platforms across LawTech, accounting, insolvency, insurtech, and utility billing.
Verified Compliance Data for UK Regulated Financial Platforms
Regulated platforms managing compliance data rely on manual bank statements, PDFs, and fragmented records. This blog explains how verified bank transaction data from Open Banking infrastructure generates audit-ready compliance data for AML monitoring, financial audits, and regulatory reporting.
Essential Data Privacy Compliance for UK Regulated Platforms
Essential data privacy compliance for UK regulated platforms using consent-based Open Banking infrastructure. Access verified bank data meeting GDPR and FCA requirements with proper consent management and security controls.
6 Regtech Use Cases Enabled by Open Banking in 2025
Power Your Regtech Tools with Finexer Connect with 99% of the UK Banks and Scale Your Business without Limits Try Now Open Banking isn’t just a future concept, it’s already in use by millions. As of March 2025, nearly 13.3 million UK consumers and small businesses are actively using Open Banking services, with over 31…
![UK AML Registration Process: A Complete Guide [2025]](/wp-content/uploads/2025/05/AML-Registration.jpg "UK AML Registration Process: A Complete Guide [2025] 27")
UK AML Registration Process: A Complete Guide [2025]
Get Compliant with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Whether you’re a solo accountant, a small bookkeeping firm, or a new financial services provider, anti-money laundering (AML) registration isn’t just a formality; it’s a legal necessity under UK law. Firms handling financial transactions, client funds, or…
Comparison Guide: 7 Best Electronic Signature Apps in the UK (2025)
Get Compliant with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Signing documents doesn’t look the way it used to. Gone are the days of printing contracts, scanning signatures, or waiting on postage. Whether you’re closing a client deal or approving a supplier agreement, doing it online with…
Top 5 UK RegTech Companies in 2025
Get Verified with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now The financial industry is facing an unprecedented compliance challenge. Regulatory frameworks are becoming more complex, with constant updates to anti-money laundering (AML), know-your-customer (KYC), and fraud prevention laws. Traditional compliance processes, which rely on manual checks and…
How the UK Is Tackling Identity Fraud in 2025
Get Verified with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Identity fraud is a growing concern for businesses that rely on digital transactions. Criminals are using fake identities, stolen credentials, and AI-generated deepfakes to bypass traditional security measures. This is costing companies millions each year in fraudulent…