KYC

The FinTech funding rounds over the past week show that the coronavirus continues to affect the sector and also provide an opportunity to look closer at India's industry.

The Financial Conduct Authority (FCA) has published an updated version of the FCA Handbook to give companies ample time to prepare before the Brexit transition period is over.

While KYC and onboarding verification have traditionally been a manual process, embracing automation and modern technology is the way ahead.

Banks are facing new challenges posed by the ever-evolving digital world. the need to have strong regulatory measures in place is vital. 

The EU’s Markets in Financial Instruments Directive (MiFID II) is a complicated piece of legislation. Still, no business can afford to get it wrong.

Hot on the heels of its announcement of its latest tool, know your customer (KYC) specialist Fenergo has announced a new partnership with professional services firm PwC.

Ali Sadr Hasheminejad, owner of Maltese Pilatus Bank, has been found guilty of crimes breaching US sanctions against Iran and for money laundering offences.

LendingUSA, a point-of-sale financing solution, has launched a new instant ID verification feature to improve identity security for borrowers.

Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week.

As more and more people move online, financial crime is increasing – subsequently increasing the opportunities for cases of money laundering. As industry players continue to search for the silver bullet to tackle financial crime, RegTech firm Lucinity is focused on helping to clean up the financial world.