Six Nordic banks team up to create KYC company
Six Nordic banks have come together in a new joint venture, establishing a new KYC company.
Reserve Bank of India fines four banks for KYC and AML failures
The Reserve Bank of India (RBI) has implemented fines to four banks for non-compliance with KYC, AML, and account opening standards.
Fujitsu to build digital identity exchange to boost online transaction trust
Fujitsu Laboratories has revealed it is building a digital identity exchange to verify identities in online transactions.
Deutsche Bank Wealth Management to implement Finantix’s KYC solution
Deutsche Bank Wealth Management has selected software builder Finantix to help enhance its client onboarding and KYC processes.
Keyfactor acquires fellow digital identity company Redtrust
Keyfactor has acquired fellow digital identity solution builder Redtrust for an undisclosed amount.
SIX FinTech Ventures picks up stake in PXL Vision AG during pre-seed round
SIX FinTech Ventures has acquired a stake in digital identity verification and customer onboarding company PXL Vision AG, in undisclosed funding round.
Signicat acquires fellow identification company Idfy
Signicat, a verified digital identity solution builder, has acquired secure identification and electronic signature company Idfy.
Metro Bank to improve KYC through 3-year deal with Artesian
Metro Bank has signed a three-year deal with client intelligence tool builder Artesian Solutions to improve its compliance and KYC management.
Four Singapore-based RegTechs to watch
The regulatory technology sector has been growing at a feverish rate. Last year, a total of $4.4bn was invested to starups in the space around the world – 2.5-times the amount raised in 2017, data from RegTech Analyst shows.
Banking, fintech data platform MX seals $100m Series B investment round
Banking and FinTech data platform MX has more than doubled its outside funding thanks to a $100m Series B investment round led by Battery Ventures.