Lemonway, a pan-European payment service provider, and Onfido, a global leader in automated identity verification, have reported immediate results from their joint initiative, confirming significant growth in customer acquisition.
In a significant move, Onfido, a global front-runner in automated identity verification, has confirmed the acquisition of Airside Mobile, an industry-leader specialising in private, digital identity sharing technology.
Identity verification solution Onfido is the latest FinTech company to have received a grant from the Board of Banking Competition Remedies Ltd (BCR).
FinTech deal activity in Q2 hit a five-quarter low as deal pipelines are drying up and investors taking a more cautious approach due to economic uncertainty.
The RegTech sector has seen some massive investment rounds in the past few months despite the global pandemic.
Banking platform Curve has partnered with Onfido, the global identity verification and authentication company, to speed up its client onboarding compliance processes.
Polish universal bank Alior Bank is leveraging Onfido’s technology to streamline its digital identity verification, through a new deal.
Governments around the world are clamouring for solutions to help them save the economy from the fallout of the coronavirus. RegTech Onfido is reportedly one of the tech firms the UK government is talking to for help.