How perpetual KYC helps the fight for compliance
Managing risk through a customer’s lifecycle and solving compliance channels is becoming ever more important as more of the world moves into digital.
Just 15% of financial firms monitor WhatsApp. despite rising fines for communication monitoring failings
Just 15% of financial firms are monitoring WhatsApp at all, despite rising levels of fines for communication monitoring failings, according to a report from SteelEye.
Zero trust cybersecurity platform Xage secures more funding this year
Zero trust cybersecurity company Xage has raised additional funding from Chevron Technology Ventures.
Why the global risk from money laundering is growing
With the world becoming ever more connected and linked in an unlimited number of ways, money laundering is continuing to grow in presence and stature.
KYC Portal releases new tool to streamline due diligence research
KYC Portal has released a new solution that aims to reduce the most time-consuming elements in due diligence, which is the research compliance teams need to conduct to build key principles and related entities in a corporate structure.
Resistant AI deploys tech into FINOM to improve AML fight
Financial crime prevention firm Resistant AI has deployed technology into Netherlands-based B2B FinTech FINOM to bolster AML measures.
RegTech service provider Novatus collects £4m investment from Maven
RegTech solution developer Novatus Advisory has collected £4m in an investment from UK-based venture firm Maven Capital Partners.
iProov deploys biometric authentication services to Paxful
iProov will deploy its face biometric authentication to Paxful, a P2P FinTech platform, as part of a new partnership.
UOB launches Singapore’s first green and sustainable deposits solution for corporate clients
United Overseas Bank (UOB), a leading bank in Asia, has launched its Green and Sustainable Deposits solution for corporate and institutional clients.
Iceland-based Lucinity scores $17m to bolster its anti-fraud services
Lucinity, which supplies banks with productivity tools to fight financial crime, has closed its Series B funding round on $17m.
