Veriff closes $15.5m funding round as it prepares for a larger Series B round
Veriff closed its new funding round on $15.5m as it prepares to increase its growth and sales to enterprise customers before it raises a larger Series B round in the future.
ID.me raises up to $8.3m in a new funding round
User and employee verification platform ID.me has raised up to $8.3m in a new funding round, a filing with the US SEC shows.
Challenger bank Knab taps facial biometrics company iProov for its customer authentication services
Dutch online bank Knab prides itself on supplying a human service backed by the latest technology. To that end, it has just teamed up with biometrics company iProov.
Automating supplier onboarding processes – KYC Portal
While efficient logistics and supply chain management are recognised as an integral part of a firm’s competitive advantage, poor performance in logistics can still be the undoing of an otherwise successful company, according to a new blog from KYC Portal.
How are AML procedures in financial institutions being impacted by the Covid-19 pandemic?
With the chaos the coronavirus has put the world in, it’s easy for certain things to slip under the radar, the problem is these can be just as damaging to the business as the pandemic.
Visa is launching an AI-powered solution to fight the risk of fraud facing financial...
As billions of data records have been stolen through the years, payment giant Visa has announced a new tool in the fight against fraud.
31 investment rounds that show the state of the FinTech industry
From Monzo's seeing its valuation plummet to Checkout.com becoming one of Europe's most valuable FinTechs, the last week has been full of funding rounds that could cause big waves in the sector.
Unum ID secures $2m in its seed round
Unum ID, a digital identity company, has secured $2m in its seed funding round which was led by earl-stage venture capital firm Draper Associates.
FCA slams Commerzbank London with £37.8m fine over anti-money laundering failures
The UK's top financial market watchdog has punished the London branch of Commerzbank with a £37,805,400 fine for failing to set up strong anti-money laundering (AML) measures.
27 FinTech funding rounds from the last week that could show how a post-coronavirus...
From InsurTech startups to cybersecurity ventures, the past week has seen several FinTech firms find funding to help them grow despite the global pandemic.