FICO and Arachnys partner to boost businesses’ KYC efforts
Financial crime compliance solutions provider FICO has entered into a partnership with Arachnys, the client onboarding risk management RegTech firm.
Swedbank gives prosecutor permission to question the bank’s lawyer over money laundering scandal
Swedish bank Swedbank has allowed authorities investigating a potential money laundering scandal to interview the lawyer who conducted the internal probe into the allegations.
Digital identity company Trulioo raises $52.8m in Series C funding
Trulioo, a Canada-based global identity verification platform, has raised CAD $70m ($52.8m) in its Series C funding round.
Wealth management firms haemorrhage clients because they struggle to comply with new KYC and...
New regulations to prevent money laundering are part of the reason why wealth management firms are struggling to onboard their clients fast enough and risk losing them.
Revealing the obstacles RegTech companies must overcome to keep on booming
The RegTech industry is growing massively, but there are still challenges to tackle head-on to keep expanding.
Indonesia’s Bank Mayapada to boost AML through NICE Actimize
NICE Actimize has been selected by Indonesia’s Bank Mayapada Internasional to improve its financial crime operations.
Ping Identity reveals IPO for the New York Stock Exchange
Ping Identity, an IT security and identity authentication platform, has revealed its initial public offering of its common stock on the New York Stock Exchange under the name PING.
FinTech firm Nivo Solutions help United Trust Bank launch facial recognition ID verification solution
United Trust Bank, the specialist lender, has tapped Manchester-based Nivo Solutions to create a facial recognition ID verification service through a bespoke smartphone app.
Puerto Rican challenger bank Zenus Bank pics NICE Actimize for its AML protection
Zenus Bank is a new neobank based in Puerto Rico. In preparation of its planned fourth quarter launch, it has now tapped RegTech company NICE Actimize for its autonomous financial crime management.
4Stop releases enhanced KYB solution
4Stop, an information aggregation platform for KYC, has released its enhanced global know your business (KYB) solution.
