Tag: KYC

RegTech Electronic IDentification has proposed a solution that would use biometrics to help people set up bank accounts at ATMs.

Even though the coronavirus pandemic has made digital banking a must-have for banks, many of these financial institutions risk losing customers because of their clunky onboarding practices, according to a new FICO survey.

Kharon, a research and data analytics platform focused on global security threats, has received an undisclosed strategic investment from Barclays.

Banking as a service platform Treezor has inked a partnership with RegTech ubble, which will see the French FinTech offer a real-time video enabled KYC solution to its customers.

Automated lip-reading technology Liopa, which closed a £40m investment earlier in the month, has secured more funding.

The total value of fines issued so far in 2020 against companies failing to comply with anti-money laundering and know your customer rules totalled $5.6bn, with APAC regulators dramatically increasing their sanctions.

Austrian RegTech platform SignD Identity has closed a €1m investment which will help it to bolster its international sales and marketing efforts.

RegTech Arachnys has signed up to help Momenta Group, the London-based contingent resourcing firm, to bolster its client onboarding and anti-money laundering (AML) efforts.

Veriff closed its new funding round on $15.5m as it prepares to increase its growth and sales to enterprise customers before it raises a larger Series B round in the future.

User and employee verification platform ID.me has raised up to $8.3m in a new funding round, a filing with the US SEC shows.