Digital images and selfies no longer KYC/AML compliant
Digital images and selfies have been a staple for online verification for many years. However, Electronic IDentification has warned that they are no longer KYC/AML compliant.
Most firms see their KYC processes as mediocre at best
The majority of organisations see the digital sophistication of their KYC approach as mediocre or poor, according to new research from Moody’s Analytics.
Sila, MX partner for tokenized account verification
Sila, a developer of payment infrastructure as a service, and open finance provider MX have launched tokenized integration for bank account verification.
Sigma Ratings launches ongoing KYB and KYC tool
Sigma Ratings, a developer of automated relationship risk management, has released its ongoing KYB and KYC monitoring solution.
Mitek launches passwordless identity onboarding tool
Digital access platform Mitek has released MiPass, a passwordless identity authentication solution to streamline access to digital accounts.
Face biometric verification dev iProov teams with Microblink
Face biometric verification and authentication technology developer iProov has partnered with AI-powered computer vision software provider Microblink.
Fenergo releases new perpetual KYC solution
Fenergo, which offers KYC and client lifecycle management solutions, has released a new perpetual KYC solution to streamline periodic review processes.
RegTech company GBG launches no-code onboarding solution
Digital identity company GBG has launched its no-code onboarding solution that aims to improve customer experience.
72% of people prefer face verification for online transactions
Seven-in-ten (72%) of consumers prefer to use face verification to secure online transactions, according to a report from iProov.
The key steps to an effective sanctions screening policy
When it comes global AML regulations, sanctions screening is an imperative part of it and plays a huge role in the fight against money laundering and terrorism.
