KYC

Why Onfido’s CEO and co-founder is stepping down

Global identity verification and authentication provider Onfido has announced a major shift in its leadership as CEO and co-founder Husayn Kassai is stepping down from his role.

Neobanks and InsurTech startups among the 23 FinTechs raising money last week

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

Allica Bank taps Sphonic to help it prevent financial crime

Having only launched earlier this year, Allica Bank has now picked Sphonic to manage its financial crime fighting efforts

Identity and access management market to be worth $29.79bn by 2027

The identity and access management market is predicted to grow from being worth $11.82bn in 2019 to have a valuation of $29.79bn by 2027, according to new research.

The identity verification market is expected to be worth $15.8bn in 2025

From: RegTech Analyst Secure onboarding has grown in importance ever since the 2008 financial meltdown and it seems as if the identity verification market...

How onboarding customers at ATMs can be a safe and cost-cutting alternative to traditional...

RegTech Electronic IDentification has proposed a solution that would use biometrics to help people set up bank accounts at ATMs.

Clunky identity verification and AML practices hold back banks from winning at online banking

Even though the coronavirus pandemic has made digital banking a must-have for banks, many of these financial institutions risk losing customers because of their clunky onboarding practices, according to a new FICO survey.

How different RegTechs tackled the Covid-19 crisis

More than nine months into the coronavirus pandemic, different segments of the RegTech industry has been responding to the crisis in various ways.

LuxTrust taps Cryptomathic for its e-signature services

E-signature RegTech Cryptomathic has inked a deal to supply its services to LuxTrust, the electronic identity company representing over 95% of Luxembourg’s active population.

How OakNorth has weathered the Covid-19 crisis and Brexit so far

Despite Covid-19 and Brexit, challenger bank OakNorth claims to have been able to avoid many of the hurdles other neobanks have faced.

News Stories

The $bn water risk problem insurers can no longer ignore

The billion dollar water risk problem insurers can no longer ignore

Water damage remains one of the most underestimated risks facing modern buildings, creating significant challenges for insurers, property owners and facilities managers as hidden...
FinTech

Investors turn up the heat with $1.9bn raised in FinTech this week

Across the 19 deals reported on by FinTech Global this week, there was a grand total of $1.95bn raised by FinTech firms, reflecting a...
Why banks can't afford years-long payments overhauls

Why banks can’t afford years-long payments overhauls

Payments modernisation has become the defining boardroom debate in banking, and according to Tieto, the banks that move in months rather than years will...
Why the annual review may become a premium service

Why the annual review may become a premium service

The annual review is itself under review, and according to WealthTech provider Ortec Finance, the commercial consequences could be profound. The Financial Conduct Authority's consultation...
Why affidavits of unchanged status matter for W-8 compliance

Why affidavits of unchanged status matter for W-8 compliance

Firms handling cross-border payments face mounting pressure to keep payee documentation accurate, and according to compliance specialist Comply Exchange, affidavits of unchanged status are...

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