KYC

OneBanx taps PassFort for customer onboarding and compliance

OneBanx, a shared banking innovator, has chosen PassFort’s workflow solution to create a seamless onboarding experience for business customers.

India eases up on KYC and foreign portfolio investor rules

The Securities and Exchange Board of India (SEBI) has eased up the rules surrounding foreign portfolio investors (FPIs).

Standard Chartered and Quantexa join forces to tackle financial crime with contextual decision intelligence

Having partnered up with HSBC in September, Quantexa is now going to provide its contextual intelligence software to help international banking group Standard Chartered prevent financial crimes.

Eight FinTech and RegTech companies you missed at Sthml Fintech Week

From: RegTech Analyst The Nordics’ FinTech scene is buzzing with potential, which was evident by the trailblazing companies recently attending Sthlm Fintech Week. The Stockholm event was full...

SmartSearch launches new facial recognition feature to strengthen its anti-money laundering platform

From: RegTech Analyst In a bid to up the ante in the fight against dirty money, SmartSearch has added a new facial recognition feature to...

NatWest uses Featurespace’s tech to fight financial fraud

Crime prevention software developer Featurespace has been enlisted by NatWest to protect the bank's customers against fraud.

Leaders in global digital identity market GBG and Acuant team up

UK-headquartered identity verification and fraud prevention company GBG has entered an agreement to acquire Acuant, a leading identity verification and KYC/AML compliance provider for a...
KYC

Unravelling the hidden costs of inefficient KYC in financial institutions

In a recent post by Encompass, it provided an outline of why the cost of inefficient KYC practices can be higher than expected. 

Swedbank gives prosecutor permission to question the bank’s lawyer over money laundering scandal

Swedish bank Swedbank has allowed authorities investigating a potential money laundering scandal to interview the lawyer who conducted the internal probe into the allegations.

Blockchain identity management market expected to be worth $11.46bn by 2026

The blockchain identity management market is expected to grow tremendously over the next few years, provided it can overcome some huge challenges.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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