Introduction: The Compliance Challenge in Messaging Apps In an era where instant messaging apps like WhatsApp dominate client communication, private banks face a critical dilemma: balancing convenience with compliance. Regulatory bodies demand strict oversight of financial conversations, yet clients crave seamless, real-time interactions. Enter Finchat, a Singapore-based tech pioneer that has redefined compliance for private […]
Introduction WeChat Compliance has become a cornerstone of digital engagement for ultra-high-net-worth (UHNW) and high-net-worth (HNW) clients in Singapore. Yet, as private banks harness this channel to deliver real-time portfolio insights and concierge services, they face stringent regulatory demands. In this post, we explore how Singapore’s private banks can achieve seamless WeChat compliance, elevate customer […]