Tag: KYB

Payment fraud continues to rise in 2025, with platforms like Cash App under scrutiny after its parent company, Block, agreed to pay up to...

Diversity in the financial ecosystem is no longer a trend—it’s the norm. Gone are the days when personal finance required visiting a physical bank...

Payment fraud remains one of the most persistent threats to financial institutions and payment platforms in 2025. According to Resistant AI, earlier this year, Cash...

Environmental, social and governance (ESG) factors are moving from the periphery to the core of Know Your Business (KYB) processes as regulators and stakeholders demand more transparency and accountability. For compliance teams, the focus is shifting beyond ownership structures and financial crime risk to incorporate ESG as a central pillar in client onboarding and monitoring.

Financial institutions have long prioritised improving compliance and enhancing customer experience when onboarding individual clients, a process known widely as KYC (Know Your Customer). According...

LEI Worldwide, a provider of LEI solutions, has announced a strategic partnership with The Open Working Group (OWG), a collective initiative focused on redefining...

Sumsub has strengthened its fraud prevention platform by integrating advanced device intelligence from Fingerprint, aiming to stop identity fraud before it begins.

SmartSearch has announced a strategic partnership with Daon to enhance identity verification through the SmartDoc platform. The collaboration aims to strengthen customer onboarding processes for...

Onboarding is no longer just a gateway to customer acquisition—it’s a critical reflection of a company’s values and operational efficiency. Customers and vendors now...

Persona, a verified identity platform based in San Francisco, has raised $200m in Series D funding, pushing its valuation to $2bn.