KYC

Persona, a San Francisco-based verified identity platform, has raised $200m in a Series D funding round, valuing the company at $2bn.

ID.me, a digital identity wallet provider, has secured a $275m credit facility from Ares Management, a global alternative investment firm.

In the rapidly evolving financial landscape, the sophistication of money laundering schemes has reached new heights.

In today’s rapidly changing regulatory environment, financial institutions are under increasing pressure to manage risks effectively. A transformative approach that has gained traction is Perpetual...

IDnow, a prominent provider of identity verification platforms in Europe, has recently expanded its product offering by introducing two innovative e-signature solutions, InstantSign and eID eSign.

In the realm of FinTech, understanding the nuances between Know Your Customer (KYC) and Know Your Business (KYB) is essential for businesses navigating the complexities of regulatory compliance and risk management. Both KYC and KYB processes are foundational in building trust and ensuring financial integrity within companies.

FinTech Global recently spoke to multiple industry players to get their insights on whether financial institutions are keeping up with modern sanction/PEPs lists monitoring...

The war in Ukraine has underscored how quickly sanction and PEPs lists can change. Since 2022, the US, UK, EU, Australia, Japan and Canada have imposed over 16,500 sanctions on Russia, according to the BBC. The current turbulent geopolitical scene means financial services firms need to be ready for regular, and often sudden, changes to PEPs and sanction lists. FinTech Global recently spoke to several industry players to ask whether financial institutions are keeping up with the modern sanction/PEPs landscape.

In today's business landscape, marked by extensive regulatory demands and significant operational hazards, establishing strong GRC (Governance, Risk Management, and Compliance) frameworks is crucial for maintaining organisational integrity and achieving success.

In the dynamic landscape of anti-money laundering (AML) efforts, financial institutions are facing intensified scrutiny to stay a step ahead of increasingly sophisticated criminal tactics and rigorous regulatory demands.