Featurespace to deploy fraud prevention solution to retail bank Permanent TSB
Featurespace, a behavioural analytics platform for fraud and risk management, has partnered with retail banking company Permanent TSB.
Refinitiv partners with Trulioo to improve FIs identity verification capabilities
Financial market data platform Refinitiv will deploy Trulioo’s digital identity verification services to help customers meet regulatory compliance.
Over 50% of consumers fear using biometrics for online payments
More than half of consumers are worried about shifting to biometrics for authenticating online payments, a study from Paysafe claims.
Financial institutions lose nearly 40% applicants during digital onboarding – study shows
European financial institutions are losing 38 per cent of applicants during the digital onboarding process, a study from Signicat reveals.
Biometric technology builder ID R&D closes Series A round on $5.7m
ID R&D, a builder of AI-based voice and behavioural biometrics technology, has closed its Series A round on $5.7m.
Deutsche Bank reportedly fails to report suspicious transactions involving Donald Trump
Deutsche Bank has come under fire for failing to inform federal financial crime watchdogs in regard to suspicious transactions involving Donald Trump and his son-in-law Jared Kushner.
BaFin orders N26 to improve prevention of money laundering and terrorist financing
German Federal Financial Supervisory Authority (BaFin) has ordered challenger bank N26 to improve its prevention of money laundering and terrorist financing.
IdentityMind to provide Bittrex with transaction monitoring services
KYC and AML solution provider IdentityMind will support the transaction monitoring of blockchain-based trading platform Bittrex through new partnership.
Spectrum Equity sells anti-fraud company Ethoca to Mastercard
Growth equity firm Spectrum Equity has closed its sale of anti-fraud solution Ethoca to Mastercard, for an undisclosed amount.
Finantix names Tim Wood as its chief financial officer to support international growth
Finantix, a software builder for banking, wealth and insurance industries, has named Tim Wood as its new chief financial officer.
