Hummingbird

📣 Introducing Hummingbird for Customer Due Diligence! 📣 Having a robust customer due diligence program is essential to safely growing your business. But for many teams, the manual review process is a slow and tedious one. Hummingbird is here to fix that – bringing automation and added efficiency to due diligence work. With our new CDD solution, you can: 📝 Accelerate manual reviews (manual ≠ slow!). 🔍 Make fast, informed decisions about customers. ⚡ Automate your critical due diligence processes. 🤝  Manage the entire customer lifecycle, in one place. Plus, brand new AI tools give your team time-saving superpowers. Discover how you can drive faster growth (with less work!) here ⤵️

The challenges associated with crypto compliance can seem daunting, but Hummingbird is here to make it easy and efficient. 🪂 Our platform is designed to handle crypto’s complexity, offering robust tools for customer diligence, anti-money laundering, and fraud investigations. And native support for blockchain data and integrated blockchain analytics tools make it the platform of choice for some of the industry’s largest exchanges. 📈 Why stress over trying to work crypto compliance into legacy systems that simply aren’t designed for it? Manage a seamless, accurate, scalable program with Hummingbird! Learn more at https://bit.ly/3zDBAa9

🎉 That’s right – automated CTRs are here! 🎉 Fact #1: manually filling out Currency Transaction Reports is slow, tedious, and error-prone. 🐌 Fact #2: Hummingbird is here to change all that! Now you can automatically prepare your CTRs and file reports directly with FinCEN (with just a single click!) – right from within Hummingbird. Never worry about rejections again – hundreds of validation checks help protect against warnings or rejected reports. 👍 Meaning your work goes fast, but stays accurate. Plus, our centralized platform gives you complete oversight of your program. Easily manage your workflows, track the status of your filings, and maintain an audit trail of all filing-related activities. You can’t avoid filing CTRs – but you can make the process fast and easy. ⏱️

How can financial institutions harness AI to enhance compliance? Our CTO Jesse Reiss recently spoke to Tearsheet to answer this question. In his interview, Jesse shares: 💡 Examples and best practices for using AI to boost compliance efficiency. 📋 Steps you can take to strengthen your compliance programs using AI. 🔮 Predictions about the future of AI and trends to keep your eye on. Check out the full article below:

Imagine if you could reduce your manual STR filing process from hours to just minutes 🤩. That’s what happened to one of our Canadian clients when they turned to Hummingbird to automate the tedious, manual aspects of their process. Discover how this leading Canadian financial institution… ⏰ saved 1,378 hours in just 7 months ✅ filed 1,408 STRs with ZERO rejections ☀️ completely transformed their compliance operations. Dive in to learn exactly how our Canadian client achieved such impressive results – and how you can, too: https://bit.ly/3WjCuRW

Are data siloes or inflexible “all-in-one” platforms stifling your productivity? Dive into the world of easy integrations with Hummingbird Apps! Our platform’s modular architecture lets you build your dream tech stack – tailored exactly to your team’s compliance needs. Take advantage of integrations for: 📊 Business Data from BigQuery, Microsoft Power BI, Excel, Snowflake, Tableau, and others 🔍 Enhanced Investigations  with TR Clear, Middesk, Chainalysis, and Elliptic 💬 Email & Team Communication with Gmail, Outlook, Slack, and Microsoft Teams 🎟️ Ticketing with Jira, Salesforce, Zendesk, Microsoft Dynamics 365, and others These are just a few of the apps available to make your processes more efficient and accurate – check out our Apps marketplace for the full list! https://bit.ly/45ZJRkK

🚨NEW CASE STUDY ALERT🚨 We’re excited to announce our latest case study with Grasshopper Bank! Together, we’re telling the story of how Grasshopper Bank’s compliance team uses Hummingbird to improve efficiency while dramatically scaling operations. In addition to the thousands of reviews completed and hundreds of SARs filed, see how Grasshopper Bank… 📈 Sustainably scaled a compliance program to meet strong growth in assets under management 📊 Developed custom workflows to suit each of their business lines 🔌 Added third-party tools and data sources without the need for internal engineering resources Don’t miss this insightful read! Dive into the full story now: https://bit.ly/3Ljyjzf

Psst! Hummingbird Automations is your secret weapon in the fight against inefficiency. 👀 Compliance work is full of manual, repetitive taskwork, which can rapidly fill up your team’s plate. 🍽️ With Hummingbird Automations, you can: 🚀 Boost Productivity: Automate low-value tasks and allow your team to focus on high-impact work. 🔍 Improve Oversight: remove the need for manual oversight; automated controls ensure procedures are followed and that management has complete visibility 💡 Scale Efficiently: Grow your compliance program without increasing costs. Efficiency gains allow for the intelligent management of resources – while keeping standards high. With our intuitive, no-code platform, you can easily create custom automation recipes tailored to your needs. Manage and optimize processes with just a few clicks, and always stay audit-ready with detailed activity logs. Get in touch to learn how Hummingbird Automations can transform your program today! https://bit.ly/3S3ssBV

Greetings from last week’s Hummingbird team onsite! 👋 🎉 It’s become something of a Hummingbird tradition to take a team photo inside a laundromat, and nowhere was this more appropriate than in Chicago, home to Al Capone and the original “money laundering” laundromats of the 1920s. Financial crime-fighting efforts have come a long way since then, but the fight’s far from over. So – from our team to yours – let’s do this!

Check out our latest Resource Hub article for a compelling look at how cutting-edge AI technology is transforming financial crime. Hummingbird’s Head of Data, Lucas Chapin, goes deep on the latest scams, tricks, and tactics used by criminals – as well as the latest tools designed to stop them.  Don't miss this insightful read! https://lnkd.in/g_MjNhMK