Onboarding Verification

ComplyAdvantage has released the Anti-Money Laundering Guide for Crypto Firms to help firms better understand the risks.

Griffin, a banking-as-a-service and embedded finance platform provider, has adopted Clausematch’s compliance technology to aid its path to become a fully licensed bank.

Muinmos has been chosen by FinTech firm Sheer Markets for its fully automated AI-based onboarding solution.

While there was a growing move to digital onboarding prior to the onset of the pandemic, the restrictions and challenges put in place due to the virus have sped up the move to digital. According to iMeta Sales Director George Collier, this comes down to a key and growing need across a multitude of industries today for automation.

Founded in 2013, MyDocSafe claims it is the only document security and e-sign software needed to verify and manage all your documents online and automate all compliance, onboarding and contract renewal processes.

RegTech firm KYC Portal has launched a module aimed at simplifying the process for compliance teams of building a corporate structure.

As more and more people move online, financial crime is increasing – subsequently increasing the opportunities for cases of money laundering. As industry players continue to search for the silver bullet to tackle financial crime, RegTech firm Lucinity is focused on helping to clean up the financial world.

Managing any financial services company can be fraught with risk. Many FIs require close to constant risk analysis to make sure the company is remaining compliant and proper, as well as looking out for being targeted by criminals.

More than half of consumers (68%) abandoned a financial application during the onboarding process in 2021, up from 63% in 2020, research from Signicat claims.

RegTech firm Know Your Customer has partnered with business expansion specialist Tricor to simplify and digitise Tricor’s onboarding and AML processes across Asia.