AML5: The new Anti-Money Laundering Directive
The AML5 Directive is the new European regulation for Anti-Money Laundering and counter Terrorism Financing purposes that came into force on 9 July 2018.
Emergent brings in identity and biometric hashing tech
Emergent Technology (EmTech) has made a strategic investment in T Stamp to bring identity verification across its platforms.
Boldstart Ventures collects $40m for Fund IV
Boldstart Ventures, a New York-based firm investing in enterprise software, has raised $40.65m for its fourth fund.
PE firm buys identity verification company Acuant
Los Angeles-based Acuant, a provider of identity verification solutions, has been purchased by Audax Private Equity.
Crowdfunding platform picks Onfido to combat fraud
Indiegogo has partnered with Onfido, an identity verification provider, to prevent fraudsters from entering its crowdfunding platform.
Blockpass backs video verification provider Fully-Verified
Blockpass, a digital identity verification, has partnered with with video verification solutions provider Fully-Verified.
Finnish crypto broker taps iSignthis for AML/KYC requirements
Prasos, a Finland-based cryptocurrency service provider, has signed an agreement with payment and identity technology company iSignthis.
Regulations are increasing KYC complexity
Global regulations are continuing to increase KYC complexity and are pushing banks towards technology innovation, according to a new study.
Enigma raises $95m in NEA-led round
Enigma, a New York-based Data-as-a-Service company, has raised $95m in a funding round led by NEA.
Swiss regulator finds deficiencies in Credit Suisse’s AML processes
Switzerland’s regulator has claimed that Credit Suisse has failed to adequately fight money laundering in suspected corruption cases.
