Tag: KYB

Payment fraud prevention has become one of the biggest challenges facing FinTech platforms in 2025. High-profile cases, such as Cash App’s $255m settlement earlier this...

KYC Portal CLM, a RegTech company known for its end-to-end client lifecycle management platform, is helping organisations integrate Environmental, Social and Governance (ESG) factors into their Know Your Business (KYB) workflows with precision and control.

Financial institutions have spent years enhancing compliance and customer experience through KYC (Know Your Customer) improvements, using technology and automation to achieve straight-through processing...

LEI Worldwide, a provider of LEI solutions, has announced a strategic partnership with The Open Working Group (OWG), a collective initiative focused on redefining...

Sumsub teams up with Fingerprint to stop fraud before it starts using advanced device intelligence. Read the full story now.

SmartSearch has announced a strategic partnership with Daon to enhance identity verification through the SmartDoc platform. The collaboration aims to strengthen customer onboarding processes for...

Effective onboarding has become a critical business function, serving not just as the first touchpoint for customers and vendors but as a reflection of a company’s values and operational maturity.

Persona, a San Francisco-based verified identity platform, has raised $200m in a Series D funding round, valuing the company at $2bn.

Money laundering remains a significant threat to financial systems worldwide, not only as a crime in itself but also as a key enabler of serious criminal activities such as drug trafficking, human smuggling, and terrorism. Consequently, it is critical for all businesses handling substantial sums of money to implement robust AML procedures.

Money laundering is a serious global issue that enables grave crimes such as drug trafficking, human smuggling, and terrorism. For businesses handling significant financial transactions, it is crucial to establish robust anti-money laundering (AML) measures. These include detailed Know Your Customer (KYC) and Know Your Business (KYB) processes that involve rigorous identification, verification, screening, and monitoring of both individual and corporate clients.