Tag: KYC

Neofy, a digital financial cloud provider, will improve its KYC, AML and identity capabilities through a partnership with IDmission, a biometric security and authentication software solution.

Muinmos was founded back in 2012 after Remonda Kirketerp-Møllersaw a big gap in the market for making client onboarding simpler andmore efficient in financial services. With a rapidly growing global clientbase of banks, investment firms and asset managers, the company isemerging as a major player in key global markets

Identity verification and authentication platform Incode has earned its horn after a $220m funding round brings its valuation to $1.25bn.

Australian RegTech firm Arctic Intelligence has entered into strategic alliance with FrankieOne to strengthen financial crime synergies between the two.

A recent whitepaper by client data management firm iMeta has underlined three vital pillars of the customer experience journey in financial services.

RegTech company PassFort has partnered with financial market data firm Refinitiv to establish a digital know-your-customer (KYC) solution for challenger institutions.

A recent whitepaper by KYC and AML software providers Themis and Encompass Corporation has found financial services’ companies worldwide lost over £1m due to financial crime deficiencies last year.

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.

India-based IDfy, which provides ID verification and onboarding solutions, has raised INR 86 crore ($11.4m) in its Series D funding round.

As the regulatory landscape continues to grow in complexity, firms are consistently having to upscale their compliance teams to cope.