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Identification/Background checks

Gig economy FinTech Sonovate taps RegTech company TruNarrative to help strengthen its onboarding processes

Cardiff-based FinTech company Sonovate is on a mission to strengthen its customer onboarding processes. To succeed, it recently turned to TruNarrative, the RegTech company.

Face-scanning company Clearview AI sued for scraping public pictures from social media platforms

Lawyers have filed a class-action lawsuit against Clearview AI for scraping public pictures to create its facial recognition software.

The global e-KYC market anticipated to reach $1,015bn by 2026

Electronic customer identity authentication solutions are expected to grow at a compound annual growth rate of approximately 22% in the next six years.

Fenergo closes funding round as it looks to make product enhancements

Fenergo, a digital transformation and client lifecycle management (CLM) solution developer, has closed a funding round to support product enhancements.

CRIF acquires Inventia for undisclosed amount

CRIF, a credit bureau and business information firm, has wholly acquired digital onboarding solution Inventia.

BioCatch acquires AimBrain’s biometric tools

BioCatch, a behavioural biometrics platform, has acquired AimBrain’s authentication platform for an undisclosed amount.

How will RegTech evolve in the future?

The financial market is global and constantly dealing with new technologies and weighed down with ever-expanding regulations. So where does that leave the future of RegTech?

Kount reveals new Identity Trust Global Network

AI-powered fraud prevention solution Kount has revealed its Identity Trust Global Network which will help block bad transactions and help organizations provide personalized experiences. The...

Mitek releases new spoof-proof identity verification service

Digital identity verification platform Mitek Systems has created a new ‘spoof-proof’ facial comparison solution and it only requires one selfie.

ZignSec launches new anti-money laundering product as the RegTech company views global markets

The Swedish RegTech company ZignSec has rolled out a new anti-money laundering (AML) product as the Nordics are still dealing with the fallout of a massive banking scandal.
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