Why are anti-money laundering practices and background checks so contested among cryptocurrency exchanges?
Customer background checks have again become a hotly debated topic in the cryptocurrency world.
Challenger bank Knab taps facial biometrics company iProov for its customer authentication services
Dutch online bank Knab prides itself on supplying a human service backed by the latest technology. To that end, it has just teamed up with biometrics company iProov.
Firms paid $10.4bn in fines over the last year for breaking money laundering, privacy...
The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.
Canadian banks team to establish centralised KYC offering
Five Canadian banks are joining forces with CanDeal, a market and infrastructure services provider, to set up a centralised KYC offering for the capital markets industry.
VerifyMe Nigeria launches new know your customer tools
The verification platform VerifyMe Nigeria has launched a new identity verification and know your customer (KYC) product.
Meeco closes $6.45m pre-Series A round and buys SVX Group
RegTech startup Meeco has secured access to new money and acquired Australian FinTech SVX Group, the secure business data storage and sharing platform.
The global e-KYC market anticipated to reach $1,015bn by 2026
Electronic customer identity authentication solutions are expected to grow at a compound annual growth rate of approximately 22% in the next six years.
Ten RegTech companies whose services can help you through the coronavirus crisis
It's hardly a secret that the coronavirus has wreaked havoc on how businesses are conducted. Fortunately, several RegTech businesses offer a huge range of services to help.
Singapore’s government tap iProov to provide facial recognition technology
Singaporeans can now access online digital government servicesusing facial verification implemented by iProov and and Toppan Ecquaria.
ID verification firm Socure enters unicorn club after $100m fundraise
Socure, the startup that helps companies verify users’ identities, is valued at $1.3bn after a massive $100m funding round.
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