How does KYC differ from perpetual KYC?
In a world where financial crime and money laundering are becoming ever more common and widespread, the need to have strong – and regular – KYC checks has become imperative.
Mobile operators to generate $27bn through multi-factor authentication
Mobile operators will generate $27bn from SMS messages related to multi-factor authentication in 2022, an increase from $25bn in 2021, according to a study from Juniper Research.
Access management firm Lumos launches from stealth
Lumos is a new compliance and identity management solution that has launched from stealth along with a $30m funding round.
IDmission joins podcast exploring the role of identity proofing in financial services
As more firms adopt digital operations, the need for seamless and secure onboarding tools will become critical. A new podcast explores the role identity proofing has within financial services.
IDmission partners with TendedBar to authenticate automated bar users
Identity proofing and AI technology developer IDmission has teamed up with TendedBar, an automated bar.
KYC dev Fenergo acquires Sentinels to boost due diligence capabilities
KYC and client lifecycle management (CLM) solution developer Fenergo has acquired Sentinels, which builds AI-powered AML and transaction monitoring platform.
The size of the acquisition...
Digital identity citadel scores pre-seed funding
Arbor Steel, which claims to be the ultimate digital identity citadel, has raised £200,000 in pre-seed funding, following the launch of its platform to market.
Why Lucinity is on a mission to Make Money Good
As more and more people move online, financial crime is increasing – subsequently increasing the opportunities for cases of money laundering. As industry players continue to search for the silver bullet to tackle financial crime, RegTech firm Lucinity is focused on helping to clean up the financial world.
Shufti Pro secures Series A for identity verification
Shufti Pro, identity verification solution provider, has raised $20m in Series A funding led by Updata Partners.
ID verification platform Thirdfort scores £15m
Thirdfort, which offers automated ID verification services, has raised £15m in its latest funding round.
