Identification/Background checks

Biometric-powered identification platform IDmission has received the ISO 27001:2013 certification, which is the international standard for best practices in information security management systems.

Cypriot bank Hellenic Bank launched new online retail banking platform, built in partnership with Engagement Banking technology provider Backbase.

Identity verification firm Socure and Baker Tilly completed an audit of Socure’s Intelligent KYC solution aiming to verify its product accuracy verification and regulatory...

Tanzania-based NALA Money has partnered with global identity verification provider Veriff to improve secure access to financial services.

Identiq, an anonymous identity validation network, has closed its Series A round on $47m to accelerate growth.

Poor onboarding practices cost European financial institutions over €5.7bn every year, according to new research.

Fingerprint sensor technology could end up adding $5bn in biometric payments to banks around the world's revenues by 2026, according to UBS.

Citadel ID has netted $3.5m in a new cash injection round to boost its income and employment verification service.

In response to the EU's new money laundering regulations, Greek Eurobank has expanded its partnership with FICO to comply with the law.

WealthTech and cybersecurity enterprises were among the FinTech businesses that closed investment rounds in the last seven days. Companies operating in the WealthTech, cybersecurity, RegTech,...