Identification/Background checks

How facial recognition software can be used in ATMs

Using biometrics to provide strong customer authentications is becoming more popular and is beginning to be used in ATMs to help customers identify themselves.

Veriff closes $15.5m funding round as it prepares for a larger Series B round

Veriff closed its new funding round on $15.5m as it prepares to increase its growth and sales to enterprise customers before it raises a larger Series B round in the future.

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.

Identity fraud fighting startup ubble raises €10m in seed round

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

Automating supplier onboarding processes – KYC Portal

While efficient logistics and supply chain management are recognised as an integral part of a firm competitive advantage, poor performance in logistics can still be the undoing of an otherwise successful company, according to a new blog from KYC Portal.

Visa is launching an AI-powered solution to fight the risk of fraud facing financial...

As billions of data records have been stolen through the years, payment giant Visa has announced a new tool in the fight against fraud.

31 investment rounds that show the state of the FinTech industry

From Monzo's seeing its valuation plummet to Checkout.com becoming one of Europe's most valuable FinTechs, the last week has been full of funding rounds that could cause big waves in the sector.

Digital identity company Payfone scores $100m in a new funding round

Having established itself as a leading digital identity company provider, Payfone has secured $100m in new funding round and is looking to grow on the back of the investment round.

Unum ID secures $2m in its seed round

Unum ID, a digital identity company, has secured $2m in its seed funding round which was led by earl-stage venture capital firm Draper Associates.

TruID said to close seed funding round to support growth of customer base

South Africa-based TruID has reportedly closed a funding round which will help it to expand it customer base and product.

News Stories

Visa reinvents account-to-account payments with enhanced consumer protections

Visa reinvents account-to-account payments with enhanced consumer protections

Visa has unveiled a new initiative, Visa A2A, set to transform the landscape of account-to-account (A2A) payments by enhancing consumer control and protection.
Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech

Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech

Sedric AI, a leading innovator in AI-driven compliance solutions for financial institutions, announced today that it has successfully secured $18.5m in Series A funding.
European software firm SecureFlag bags significant funding from Copilot Capital

European software firm SecureFlag bags significant funding from Copilot Capital

Copilot Capital, a pioneering private equity firm dedicated to nurturing the growth of European software companies, has announced a significant majority investment in SecureFlag, a dynamic software company known for its cutting-edge cybersecurity training solutions.
Fido raises $30m to boost financial inclusion in East and Southern Africa

Fido raises $30m to boost financial inclusion in East and Southern Africa

Ghana's fintech innovator, Fido, recently bolstered its financial capacity with a significant $30m Series B funding round.
Upsolve secures $4.2m Gates Foundation grant to launch financial counselling AI for low-income Americans

Upsolve secures $4.2m Gates Foundation grant to launch financial counselling AI for low-income Americans

Upsolve, renowned as the nation's top nonprofit financial education platform, has recently secured a substantial grant to further its mission.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution