KYC

How can banks and insurance companies prepare for the new normal in remote working?

Covid-19 changed the world, but now firms must focus on the next set of challenges, such as how to reimagine customer onboarding in a more remote and mobile world.

Penfold implements NorthRow’s technology to ease pension onboarding

Digital-only pension Penfold has implemented NorthRow’s technology to accelerate its onboarding process and enable users to establish a pension in five minutes.

Ardian Growth, MCH Private Equity team up to buy RegTech company Logalty

Private investment firms Ardian Growth and MCH Private Equity have teamed up to acquire Logalty, an electronic signature company.

Facial recognition for securing payments to exceed 1.4bn users by 2025, study finds

A study from Juniper Research has discovered the number of users of software-based facial recognition to secure payments will exceed 1.4bn people globally by 2025.

KYC Portal’s embedded email function helps reduce manual processes for onboarding

KYC Portal’s embedded email function is designed to reduce manual effort when collecting information for onboarding new clients.

Jumio, Microsoft enter alliance to support decentralised digital identity service

Identity verification firm Jumio has collaborated with Microsoft to integrate the latter’s Azure Active Directory (AD) verifiable credentials to Jumio’s platform.

Plaid’s accelerator FinRise reveals first five FinTech startups in its programme

FinTech firm Plaid unveiled the first cohort of startups in its new accelerator program, FinRise.

Encompass Corporation receives funding from private equity firm Beacon

KYC automation Encompass Corporation has received an investment from Boston-based private equity firm Beacon Equity Partners.

FiVerity bags $2m to help it bolster its synthetic identity fraud detection capabilities

FiVerity, which offers cyber fraud detection and threat intelligence services, has closed a $2m funding round to help it expand its platform.

ID verification firm Socure enters unicorn club after $100m fundraise

Socure, the startup that helps companies verify users’ identities, is valued at $1.3bn after a massive $100m funding round. The Series D round was led by...

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