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Identification/Background checks

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.

RegTech needs to be more transparent in the way we do things says CEO

RegTech is about bringing clarity to compliance but there is a lack of transparency between the sector and regulators, according to kompany founder & CEO Russell E. Perry.

Seven Peaks Ventures holds $28m final close for sophomore fund

Oregon-based VC firm Seven Peaks Ventures has held the $28m final close for its second vehicle.

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.

D-ID launches face recognition protection solution

D-ID has launched its initial product, a solution that protects photos and videos of organisations from face 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.

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