OTP Bank launches its third later-stage startup partner programme for FinTechs and RegTechs
Financial service provider OTP Bank has opened its application process for the latest batch of its later-stage startup programme.
SmartSearch receives growth equity investment from Marlin Equity Partners
Anti-money laundering (AML) software provider SmartSearch has raised a growth equity investment from Marlin Equity Partners, the private equity firm.
Ipsdy launches its secure identity solution in Peru
The Peruvian National ID Registry RENIEC has joined forces with secure ID company Ipsdy give Peru’s businesses better confidence to battle fraud.
Identity platform Axuall collects $3m in seed funding
Axuall, a digital network for verifying identity, credentials, and authenticity in real-time, has collected $3m in seed funding.
FacePhi nets €4m in funding from Nice&Green to support Asian expansion
FacePhi, a facial recognition and mobile biometrics company, has netted €3.5m in equity funding and €500,000 in a capitalized loan from Nice&Green.
Identification platform Alloy collects $12m in its Series A
Alloy, an identity verification service for financial services, has bagged $12m in its Series A round.
FICO and Arachnys partner to boost businesses’ KYC efforts
Financial crime compliance solutions provider FICO has entered into a partnership with Arachnys, the client onboarding risk management RegTech firm.
Swedbank gives prosecutor permission to question the bank’s lawyer over money laundering scandal
Swedish bank Swedbank has allowed authorities investigating a potential money laundering scandal to interview the lawyer who conducted the internal probe into the allegations.
Digital identity company Trulioo raises $52.8m in Series C funding
Trulioo, a Canada-based global identity verification platform, has raised CAD $70m ($52.8m) in its Series C funding round.
Wealth management firms haemorrhage clients because they struggle to comply with new KYC and...
New regulations to prevent money laundering are part of the reason why wealth management firms are struggling to onboard their clients fast enough and risk losing them.
