Onboarding Verification

It's hardly a secret that the coronavirus has wreaked havoc on how businesses are conducted. Fortunately, several RegTech businesses offer a huge range of services to help.

Digital identity verification company ForgeRock has closed a $93.5m Series E round at a time when the sector is poised for massive growth.

Switzerland RegTech company Indigita and client lifecycle management solution id4 have established a partnership to automate cross-border compliance checks and risk controls for small and medium-sized banks.

FinTech Fenergo has unveiled a new cloud-based remote account opening solution ahead of schedule in order to assist US small businesses in accessing PPP emergency loans.

Stripe's whooping $600m Series G expansion wasn't the only investment round completed by a FinTech company over the last week.

Biometrics specialist Onfido has strengthened its financial muscles by raising $100m in fresh capital to fuel further expansions and tech developments.

Biometric digital onboarding platform FacePhi has been picked by Uruguayan financial institution Creditel to support its user experiences.

Tech and brokerage service provider North Capital believes its financial crime-prevention systems will be perfect for the banks who can process Paycheck Protection Program (PPP) loan applications via its systems.

Identity verification is one of the most important parts of businesses onboarding new clients, but it’s also one that has become increasingly difficult because of the coronavirus.

The global mobile digital identity market could be worth $7bn by 2024. So it seemingly no mystery to why eftpos might want to get in on the action.