KYC

Identity verification infrastructure Passbase has closed its Series A on $10m to support the creation of the first robust policy and workflow manager.

Device identity and authentication solution developer Entersekt has received a strategic investment from Accel-KKR.

Muinmos was founded back in 2012 after Remonda Kirketerp-Møllersaw a big gap in the market for making client onboarding simpler and more efficient in financial services. With a rapidly growing global client base of banks, investment firms and asset managers, the company is emerging as a major player in key global markets.

Identity verification and authentication platform Incode has earned its horn after a $220m funding round brings its valuation to $1.25bn.

Napier, which was recently named in the new RegTech100 list, will help ClearView improve its anti-money laundering (AML) capabilities as part of a new deal.

As investment into RegTech skyrockets in 2021, RegTech Analyst has named the 100 must know companies in the sector as we head into 2022.

Moody’s Corporation has acquired compliance automation platform PassFort and is set to purchase 360kompany, an onboarding technology developer.

A recent whitepaper by client data management firm iMeta has underlined three vital pillars of the customer experience journey in financial services.

RegTech company PassFort has partnered with financial market data firm Refinitiv to establish a digital know-your-customer (KYC) solution for challenger institutions.

A recent whitepaper by KYC and AML software providers Themis and Encompass Corporation has found financial services’ companies worldwide lost over £1m due to financial crime deficiencies last year.