Onboarding Verification

As 2019 comes to an end, RegTech Analyst asked two RegTech leaders about where they think the sector is going in 2020.

The FinTech landscape is increasingly gravitating towards perpetual know your customer (KYC) protocols. As part of this evolution, the operational pillars are rapidly transforming. Graham Bailey, COO of Quantifind, and Brian Kindle, VP of product development at ACFCS, shed light on this shifting terrain in a new podcast on the foundational elements of perpetual KYC.

Switzerland-headquartered Appway, which builds business process automation software, has closed a $37m minority investment from private equity firm Summit Partners.

Global identity verification and authentication provider Onfido has announced a major shift in its leadership as CEO and co-founder Husayn Kassai is stepping down from his role.

Citi’s Treasury and Trade Solutions (TTS) has released a identity and account verification solution to improve give institutional clients improved onboarding.

IDnow, a provider of an Identity-as-a-Service platform that can verify users in real time, has launched a KYC solution for crypto providers.

While financial crime is a global problem, the US and European market are paying the most to prevent it.

As customers expect an increasingly digital service, banks are faced with the challenge of safely onboarding new clients remotely. That is where IDmission’s digital identity verification tools come in.

Belgian IT company IntellectEU has introduced VELMA, an AI platform that allows financial advisors to offer ‘hyper-personalisation’ in the wealth management sector.

Polish universal bank Alior Bank is leveraging Onfido’s technology to streamline its digital identity verification, through a new deal.