Team8 leads $5m seed round for FinTech start-up Ballerine
Ballerine, a leading player in the open-source risk decisioning platform arena, has announced a successful seed funding round.
How to unleash the true potential of your client onboarding programme
If a firm is looking to hold a competitive edge, it is vital they oversee a successful client onboarding programme.
Revolutionising AML strategies with NAICS codes
Evaluating the business line of potential clients is a key part of Know Your Customer (KYC) procedures in commercial relationships. However, analysts often spend substantial time utilising search engines and other manual processes to establish a client's Line of Business. This allows them to assess the risk involved in onboarding records or transactions.
Quantexa teams up with ING to strengthen anti-money laundering efforts
Global bank ING and data analytics software company Quantexa have announced a strategic partnership.
Smile Identity acquires Appruve to bolster identity verification in Africa
Smile Identity, a provider of identity verification in Africa, has acquired the parent company of Appruve, which helps firms use financial and identity data for detect fraud.
Know Your Customer gains two clients in Singapore
Digital onboarding solution developer Know Your Customer has announced two Singapore-based strategic clients, Volopay and Coda Payments.
Digital identity network ID.me raises $132m and names new CFO
Secure digital identity network ID.me has raised $132m in its Series D funding round and appointed Samantha Greenberg as its new chief financial officer.
How to plan your journey to perpetual KYC
While the use of KYC techniques has been commonplace in financial services for many years, the concept of pKYC is changing the industry.
RegTech firm Fourthline lands €50m in funding
Fourthline, a RegTech firm that provides AI-powered and compliant KYC and AML solutions, has bagged €50m from new and existing investors.
KYC firm Encompass launches pKYC maturity model
Encompass Corporation, a provider of a KYC automation platform, has unveiled its perpetual KYC maturity model.