Why Southeast Asia’s identity maze is a KYC problem
Cross-border KYC is becoming an infrastructure problem for financial institutions across Southeast Asia, where national identity systems remain fragmented and businesses face different verification...
Summa Tech closes AML gap in client onboarding
Summa Tech, the company behind cloud-based client onboarding platform Onboarder, has introduced an anti-money laundering checking feature within the tool.
The addition allows AML checks...
Sumsub moves beyond onboarding with AI trust infrastructure
Sumsub has announced its transformation into what it describes as the market's first AI-powered Trust Infrastructure, aimed at helping firms enter new jurisdictions securely...
Bitso taps Sumsub to end days-long onboarding delays
Bitso Business has partnered with Sumsub, a global full-cycle verification provider, to automate its corporate onboarding and reinforce its business compliance framework.
The tie-up will...
Financial crime’s weakest link? Banks that stop at onboarding
Know Your Customer (KYC) has long been treated as a box-ticking exercise at account opening, but for financial institutions the real danger lies in...
Vikar taps Plaid to cut fraud and onboarding friction
Vikar Technologies, a provider of unified account opening, lending, KYC/KYB, treasury and wealth management solutions for community banks and credit unions, has formed a...
Manual KYB is bleeding clients, Sumsub survey warns
Sumsub has unveiled automated Company-Level Risk Scoring alongside new research showing that 81% of European businesses have lost prospective clients because of onboarding delays.
The...
iDenfy taps Handy-Signatur to unlock Austrian eID market
iDenfy, a global RegTech firm focused on identity verification and fraud prevention, has integrated Handy-Signatur, Austria's long-standing mobile digital identity and e-signature credential, into...
Kord lands £6.4m Series A to speed up regulated payments
Kord, a London-headquartered FinTech offering a single platform for client onboarding, identity checks and payments, has closed a £6.4m Series A round to tackle...
Why reboarding is compliance’s biggest hidden burden
Every new business customer a financial institution signs creates years of compliance work down the line. According to Duna, reboarding can account for as...
