smartKYC Hires Jonathan Jacobi as Business Development Director

smartKYC, a provider of award-winning AI-enabled KYC and third-party risk intelligence technology, announced that it has appointed Jonathan Jacobi as its Business Development Director.

In an official press release, smartKYC mentioned that Jacobi will help grow and support smartKYC’s global expansion plans, reporting to CEO Dermot Corrigan.

Jonathan has over 20 years’ sales leadership with experience across the risk and compliance sector, including KYC, AML, enhanced due diligence (EDD) ID verification, employee and customer onboarding, machine learning, and semantic search.

Prior to joining smartKYC, Jacobi has had sales leadership roles at various companies such as LexisNexis Business Insight Solutions, Neotas Ltd., and Sterling Talent Solutions and has a law degree from the University of Hull.

Commenting on his new appointment, Jonathan Jacobi said: “Having been in this space for a long time, I have seen first-hand how firms are facing increased pressure to reduce their cost base and be more compliant at the same time. Only technology can make this happen and the application of artificial intelligence approaches such as natural language processing is key to achieving this. So, when I saw the industry leading technology that smartKYC employed to help firms fight financial crime, anti-bribery and their rapidly growing focus on environmental, social, and governance (ESG) criteria, I jumped at the chance to become part of their story.”

For banks, Know Your Customer (KYC) and Anti-Money Laundering (AML) are becoming ever-more stringent. For corporates, the role of suppliers, partners, vendors, and affiliates is growing in scale and interconnectivity, and are therefore becoming harder to manage.