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Identification/Background checks

IDnow acquires Wirecard Communication Services

Identity verification company IDnow has agreed to buy Wirecard Communication Services, a deal that will see IDnow retain the Leipzig location and keep most of its employees.

What should you think about before buying a RegTech solution?

Buying a RegTech solution is never easy, but there are some things you can consider beforehand.

RegTech investment hit a five-quarter low in Q2 2020 as global lockdowns take a...

Global RegTech funding reached $2.4bn in Q1 2020, recording a growth of 26.3% compared to the previous quarter despite the spread of coronavirus and the ensued economic uncertainty.

Identity verification startup Berbix nets $9m for its Series A round

Digital identity startup Berbix has closed its Series A round on $9m, which will help it to increase its team size and bolster customer growth.

Identity startup Socure collects $35m for its new investment round

Identity verification platform Socure has collected $35m for its latest equity round, which will enable it to improve its technology stack.

Onfido is the latest FinTech to receive a grant from the BCR

Identity verification solution Onfido is the latest FinTech company to have received a grant from the Board of Banking Competition Remedies Ltd (BCR).

Could Covid-19 pushing for more sustainability investments be good for RegTechs?

The pandemic has caused an upsurge in interest in renewables, which could potentially benefit RegTech ventures.

How would a second wave of Covid-19 affect the RegTech industry?

There are signs that a second wave of coronavirus cases is on the way. So what will it mean for RegTech companies?

Anti-money laundering and know your customer fines in 2020 totalled $5.6bn so far

The total value of fines issued so far in 2020 against companies failing to comply with anti-money laundering and know your customer rules totalled $5.6bn, with APAC regulators dramatically increasing their sanctions.

WISeKey International receives $5m through convertible loan

Cybersecurity company WISeKey International has received a $5m convertible loan from Crede Capital, a US-based investor.

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