KYC

KYC Portal has released a new solution that aims to reduce the most time-consuming elements in due diligence, which is the research compliance teams need to conduct to build key principles and related entities in a corporate structure.

Know your customer (KYC) processes have been the lifeblood for compliance teams fighting fraud. However, are they still enough? Kristoff Zammit Ciantar - founder and CEO of KYC Portal, believes its days could be numbered.

MCO (MyComplianceOffice), a global conduct risk and compliance provider, has launched its new governance and oversight tool, Know Your Risk (KYR).

Five Canadian banks are joining forces with CanDeal, a market and infrastructure services provider, to set up a centralised KYC offering for the capital markets industry.

In an increasingly digital and connected world, the need to stay alert to new challenges has never been clearer.  

Founded in 2019, Schwarzthal Tech is a UK-based RegTech startup that is developing Wunderschild Know Your NetworkTM, an AI-driven platform that provides financial crime intelligence and speeds up the look-up process for beneficiaries. Two years into its existence, what is next for the company?

Companies are facing increasing pressures to streamline customer-facing processes. The digital ecosystem emphasizes a world where people want things completed instantly and poor experiences mean switching to other providers. Chor Teh - financial crime compliance industry practice lead at Moody’s Analytics - has explored why customers should be at the front of onboarding processes.

The automatic verification of someone’s ID is undoubtedly the first building block in the onboarding process of a digital customer. However, what is needed in this process and what should you be looking for in a tool? 

Mobile identity platform Incognia has scored $15.5m in its Series A funding round, which was led by Point72 Ventures.

With the number of children using digital services increasing by the year, the need for greater online financial protections is increasing considerably.