Westpac launches RegTech challenge
Australian bank Westpac has launched a RegTech-themed challenge for startups.
4Stop launches phase three product enhancement
4Stop, a global KYC, compliance and anti-fraud technology provider, has completed and is now live with the third phase of their product enhancement.
AML, sanctions & KYC non-compliance fines totals $26bn
Global financial institutions have been fined $26bn for non-compliance with Anti-Money Laundering (AML), Know Your Customer (KYC) and sanctions regulations in the last decade, according to new research.
Identitii raises $11m through ASX listing
Blockchain startup Identitii, which helps banks improve cross-border payment compliance, has raised $11m through its IPO.
KYC Portal – built by compliance teams for all types of KYC, CDD and...
KYC Portal is not another data provider. KYC Portal is the most complete end-to-end KYC and due diligence solution on the market.
FinTech taps Daon’s biometric identity technology
Innovation Finance, a FinTech company specialising in equipment financing, is set to deploy Daon’s biometric identity technology.
AML compliance costs firms $25.3bn per year
Anti-money laundering compliance is costing US financial services organisations $25.3bn per year, according to a new report.
Safetrade Africa taps Ipsidy’s identity and authentication solutions
Safetrade Africa, a technology development company specialising in payment processing in secure environments, has tapped Ipsidy’s biometric identity and authentication solutions.
RDC: Eight reasons why search engines are not due diligence
Search engines are free, easy to use and powerful. Could you use them to run a KYC/AML screening program? You could – but in the end, it will expose you to significantly more cost and risk than opting for a purpose-build solution. Here are eight reasons why.
FacePhi launches ‘zero risk’ security product for banks
FacePhi, a Spain-based biometrics business, has launched a new ‘zero risk’ security product for the banking sector.
