algoreg

Founded in 2013 and based in Luxembourg, algoreg was a RegTech firm that developed a Software-as-a-Service (SaaS) solution to help financial institutions automate and streamline their client onboarding processes. The platform, named "algoreg KYC", offered tools for identity verification, risk assessment, document management, and ongoing monitoring to ensure compliance with international AML/CTF regulations. In October 2020, algoreg was acquired by the global identity data intelligence specialist GBG (GB Group plc), and its technology and team were integrated into GBG's global compliance and fraud prevention solutions.