Identification/Background checks

RegTech 100 company IdentityMind Global has closed a $10m Series C round of financing to meet the global demand for digital identities.

Smile Identity, a provider of identity verification in Africa, has acquired the parent company of Appruve, which helps firms use financial and identity data for detect fraud.

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 physical identity and access management market size is projected to reach $1.1bn, growing at compound annual growth rate of 14.6% since 2019.

As the number of people using services online has ballooned over the last year due to the onset of the Covid-19 pandemic, the threat posed by cybercriminals around the world has grown even stronger. How can companies and governments alike deal with this coming storm?

Financial firms around the world were ordered to pay $36bn in total due to failing to comply with legislation set up to prevent money laundering and fraud.

The coronavirus has changed the entire dynamic for how businesses stay compliant with people working remotely more than ever.

Axiom is a new cloud security solution that has launched out of stealth following the close of its seed round on $7m.

French tech startup ubble has bagged €10m in seed capital and a partnership with Bpifrance, the investment bank.

Last week, the US Supreme Court overturned Roe v Wade, ending 50 years of the ability for women to get an abortion as a constitutional right. This is now leading to increased calls for increased online privacy, claims Cyberscoop.