Regulations are increasing KYC complexity
Global regulations are continuing to increase KYC complexity and are pushing banks towards technology innovation, according to a new study.
Enigma raises $95m in NEA-led round
Enigma, a New York-based Data-as-a-Service company, has raised $95m in a funding round led by NEA.
Banking automation platform UiPath reels in $225m
UiPath, a robotic process automation software developer, has raised $225m in its Series C, valuing the company at $3bn.
Long Ridge buys GRC software provider ProcessUnity
Long Ridge Equity Partners has purchased ProcessUnity, a software-as-a-service provider for integrated risk management.
ForgeRock’s identity platform brings in two-factor authentication solution
ImageWare Systems’ GoVerifyID solution has been certified for use with the ForgeRock Identity Platform.
Travel Money Club picks Onfido to onboard users
Travel Money Club, a currency exchange platform, has bolstered its identity verification experience by partnering with Onfido.
4Stop partners with Web Shield to offer merchant underwriting
4Stop, a provider KYC, compliance and fraud prevention solutions, has partnered with Web Shield and launched its global merchant underwriting solution.
Thailand eyes digital ID system based on face recognition
Thailand’s cabinet has reportedly drafted a bill proposing an e-KYC digital ID system based on facial recognition.
BoC US branches taps Fenergo for onboarding & compliance
Bank of China US branches has adopted Fenergo’s solutions to enhance its onboarding and compliance processes.
Electroneum taps Yoti for KYC compliance
Electroneum, a mobile-based cryptocurrency, has bolstered its regulatory compliance by partnering with digital identity app Yoti.