Swiss parliament relaxes AML rules for small FinTechs
Switzerland’s parliament has relaxed the anti-money laundering (AML) rules for ‘small’ FinTech companies.
Crypto exchange brings in stricter KYC requirements
Hong Kong-based cryptocurrency exchange OKEx is set to implement stricter Know Your Customer (KYC) requirements.
Menlo One partners with Civic for KYC and login services
Menlo One has formed a partnership with Civic Technologies, a provider of blockchain identity-verification technology.
Nigeria-based Paystack closes Series A on $8m
Nigeria-based payments platform Paystack has raised $8m in its Series A round of funding.
Jumio brings AI Labs to Montreal
Jumio has launched its AI Labs in Montreal, focusing on the creation, experimentation and deployment of machine learning (ML) and deep learning technologies.
Hyperledger adds digital ID solution to membership
Hyperledger, an open source collaborative effort designed to advance cross-industry blockchain technologies, has added 13 new members to its project.
Experian launches new service to detect child identity theft
Experian is rolling out Child ID Scan, a service that can detect possible child identity theft and fraud.
UBO leverages Tookitaki to combat financial crime
United Overseas Bank has teamed up with Singapore-based Tookitaki to bolster its fight against anti-money laundering.
A common language is needed for RegTech to flourish
RegTech is being held back by a linguistic disparity between regulated firms and technologists according to Gareth Malna, funds and financial regulation solicitor at Burges Salmon.
Vestigo Ventures has $53.9m to invest in FinTech
FinTech-focused venture capital firm Vestigo Ventures has closed its maiden fund on $53.9m.
