Palturai Recognized as Top Regulatory Technology Company

Palturai is pleased to announce that we rank as one of the top regulatory technology companies in the world on specialist research firm RegTech Analyst’s annual RegTech100 list. The exclusive list recognizes the most innovative technology solution providers addressing the challenges of regulatory pressures within financial services. We were selected for our groundbreaking Palturai BusinessGraph…

Complex structures? Simple solution.

Palturai BusinessGraph quickly identifies UBOs in convoluted organizational structures BSA, AML, 4MLD, EU Directives, FinCEN. Global regulations necessarily expand as cybercrime, drug trafficking and terrorism grow internationally – and the importance of due diligence increases exponentially for financial institutions. Understanding complex corporate hierarchies and identifying ultimate beneficial owners (UBOs) is fundamental for financial institutions to…

Up in smoke? How financial institutions can avoid marijuana industry risks

Marijuana is legal in many countries. However, financial institutions still encounter risk associated with marijuana related businesses (MRBs). The primary risk is potential for inadvertently permitting money laundering activities resulting in fines and reputational damage. But the risk MRBs pose to your financial institution blends into other lines of business as well. In addition to…

Data desert in the financial industry

From a number of projects in the financial industry, Palturai is currently presenting the results in the area of data quality of corporate master data. A frightening realization: Especially in an industry where correct and up-to-date data is essential, data quality is often inadequate. Especially due to regulatory requirements, banks, insurance companies, and other financial…

Bank compliance: better, easier, faster

The economy is a huge interconnected network — but data on business partners and corporate customers often exists in isolation. Many connections to individuals, other companies and decision makers are unknown. As a result banks miss potential efficiencies in resource use, especially during compliance audits. Despite investing billions in digitization, banks often still treat their…

Palturai continues expansion, founds company in Austria

Palturai GmbH Germany has founded Palturai Austria GmbH with headquarters in Vienna. After a successful market entry in the USA, this is the second foreign subsidiary launched in 2020. Palturai  continues its growth trend and expands the DACH region with the new company. “The motivation is the strong demand for our services in Austria,” says…

Hells Angels, gold trading and tax evasion: How Palturai could have helped with the investigation

Defendants from the Hells Angels, gold deals, missing millions, and rockers. If it sounds like a mystery, it is. After a Hamburg tax investigation, four men were arrested and accused of tax evasion valued at 27 million euros. Spiegel researched and presented their sophisticated business model in a video and explained the suspected VAT fraud.…

Palturai in the new Investor Report for Germany

Palturai’s solutions offer significant improvements in the research of existing or new investments for investors. Despite investments in highly innovative start-ups, many investors still treat their own data on investments, investors, and competitors as they did in the days of the good old filing cabinet. An innovative solution is modern graph technology, which can represent…