TLDR:
- Supreme Fintech is making compliance easier for financial institutions in multiple jurisdictions by working with banks to address the different requirements in each location.
- The company focuses on safeguarding client money and ensuring payments are screened and monitored for money laundering and fraud.
- Supreme Fintech was founded by Muhammad Shafie in 2018.
At the Singapore Fintech Festival, Muhammad Shafie and Carl Campbell from Supreme Fintech discussed the challenge of compliance across jurisdictions and how their company is addressing it. Shafie emphasized the importance of working with banks to make compliance processes effective in different locations, where requirements can vary. Campbell, the MLRO of Supreme Fintech, highlighted the company’s efforts to safeguard client money and ensure thorough screening and monitoring of payments to prevent money laundering and fraud. Supreme Fintech was founded in 2018 and has been working to streamline compliance processes for financial institutions operating globally.
