HERNICO, VA (February 8, 2024) — Regulo is a pioneer in integrating face recognition technology to bolster compliance solutions. In its ongoing commitment to fighting financial crime, Regulo has launched the Sanctions Subscription Hub, designed to assist credit unions and other financial institutions in enhancing their compliance efforts. It was also recently recognized as one of the world’s most innovative Regtech companies of 2024 by RegTech 100.
In response to the dynamic landscape of financial sanctions and compliance, Regulo consistently enhances sanctions data by incorporating facial datasets. This innovation significantly improves accuracy in identifying individuals on sanctions lists, providing credit unions with a powerful defense against potential financial losses.
Ravi Madavaram, Co-founder & CEO of Regulo, emphasizes the commitment to combating financial sanctions, stating, “At Regulo, we strive to redefine the fight against financial sanctions. Our Sanctions Subscription Hub utilizes facial information from individuals on sanctions lists, enhancing accuracy in clearing hits by an impressive 70%. By integrating this crucial biometric data, credit unions can minimize false positives and reinforce their sanctions prevention measures.”
Key Benefits of Regulo’s Sanctions Subscription Hub:
– Facial Data Integration: Regulo updates the Sanctions list with facial data to ensure clear hits, enhancing the efficiency of sanctions prevention efforts.
– Timely Updates: Subscribers receive regular, cost-free updates within 48 hours of government-declared sanctions.
– Effortless Risk Mitigation: Mitigation strategies can be effortlessly elevated with the latest insights delivered directly to your inbox.
Regulo urges Sanctions and compliance professionals at credit unions to subscribe to Regulo’s Sanctions Subscription Hub in pursuit of building a stronger financial ecosystem and embark on a journey towards a secure and sanctions-resistant future.
Regulo is a pioneer in utilizing face screening technology to develop compliance and fraud prevention solutions for financial institutions, assisting in reducing false positives to near zero. With this innovative approach, Regulo is setting a new standard for operational efficiency in financial institutions, enabling them to confront the evolving challenges of the complex compliance world.
Ravi Madavaram
Cofounder & CEO of Regulo
Email: ravi@regulo.ai
