You're contacting media contact of this press release

Title: Singapore iCOMPASS Launches Next Generation KYC and AML Platform to Streamline Regulatory Workflows for Financial Institutions

 Singapore, 29th Oct 2025 – iCOMPASS Pte Ltd, a Singapore-based Regulatory Technology firm, today announced the launch of its next-generation Know Your Customer (KYC) and Anti-Money Laundering (AML) platform for financial institutions. This release represents a key milestone in the company’s mission to modernize compliance operations, ahead of the flagship showcase of her broader compliance operating system at the Singapore FinTech Festival next month.Featured in MAS PathFinder ProgrammePurpose-built for regulated financial institutions, the iCOMPASS platform uses advanced automation to streamline screening, risk assessment and ongoing monitoring in a seamless, straight-through process. This platform is expected to reduce KYC and AML compliance costs by over 30% and enhance audit readiness.The iCOMPASS platform has also recently been featured in Monetary Authority of Singapore (MAS) PathFin.ai Programme — a curated library of trusted RegTech and FinTech solutions that exemplify innovation in compliance.This recognition also underscores the company's commitment to supporting Singapore’s vision as a regional hub for regulatory excellence.Solving the Long-Standing KYC and AML Bottleneck for Regulated FirmsKYC and AML workflows have long been a bottleneck for regulated firms because of manual reviews, fragmented systems, and inconsistent risk scoring, causing audit gaps and operational delays.iCOMPASS KYC eliminates these inefficiencies by automating core due diligence functions, including customer onboarding, screening, risk rating and continuous monitoring.The platform is designed to align with the latest MAS’ AML/CFT Notices and Guidelines, benefiting licensed fund managers, insurance brokers, payment service companies and law firms in Singapore....

This press release is issued by King Newswire