Tag: digital onboarding

Synthetic identity fraud is emerging as one of the more difficult threats for digital onboarding teams to detect, precisely because it does not resemble...

DBS Bank (Hong Kong) has partnered with Know Your Customer, a RegTech firm specialising in automated business verification and corporate KYC solutions. The collaboration aims...

The compliance function has spent two decades absorbing wave after wave of new regulation. Yet for many institutions, KYC and CLM processes remain stubbornly...

Near Field Communication, better known as NFC, is most commonly linked to contactless payments. Yet as financial crime grows more sophisticated, this technology is...

IDfy, an Indian online identity verification and RegTech platform, has secured fresh capital as it looks to expand its global footprint and strengthen its...

Financial institutions are under growing pressure to onboard clients at speed, while still proving they can meet tightening regulatory expectations. According to KYC360, Commercial...

Manual know your customer checks continue to slow onboarding, frustrate customers and quietly increase regulatory exposure for many regulated firms. As customer volumes grow,...

Monnai, a global identity and risk data infrastructure company, has secured fresh capital of $12m in a equity funding round.  The round was led by...

In the financial services industry, robust AML frameworks are no longer optional. As financial crime becomes more sophisticated and regulatory scrutiny intensifies, firms across...

KYC failures are becoming a growing and costly issue across financial services and adjacent industries as fraud tactics continue to evolve. In 2024 alone,...