WIDTH, NawaData partner to support compliance and risk management

Résumé détaillé

WIDTH is an artificial intelligence-driven, all-in-one compliance and risk decision intelligence platform while Nawadata builds software for banks and financial institutions.

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WIDTH is an artificial intelligence-driven, all-in-one compliance and risk decision intelligence platform while Nawadata builds software for banks and financial institutions.

ingaporean-headquartered WIDTH announced recently a partnership with Indonesian technology company Nawadata to help financial institutions in Indonesia strengthen compliance, risk management and financial crime controls as they digitize more services.

WIDTH is an artificial intelligence-driven, all-in-one compliance and risk decision intelligence platform while Nawadata builds software for banks and financial institutions.

“Banks and financial institutions in Indonesia are moving more customer journeys online while strengthening their AML/CFT [anti-money laundering/combatting the financing of terrorism] and fraud controls,” WIDTH chief executive officer and cofounder Chye Kit Chionh said in a statement.

“NawaData knows the reporting, risk and credit systems these institutions run every day.”

Chye added that both companies could support banks and financial institutions with specialists who understand local requirements, while WIDTH gives compliance teams the evidence behind every recommendation and keeps the final decision in their hands.

Nawadata is trusted by four of Indonesia's 10 largest banks by assets, as well as organizations across the financial services industry, the statement claimed.

With exclusive interviews and in-depth coverage of the region's most pressing business issues, "Prospects" is the go-to source for staying ahead of the curve in Indonesia's rapidly evolving business landscape.

Début de l'article, extrait de The Jakarta Post. Pour lire la suite, ouvrez l'article chez le média.