Tag: KYC

Trustfull, a leading provider of AI-powered fraud prevention technology, has raised €6m to accelerate its expansion across key European markets. The funding round was led...

In early 2025, Block—the parent company of Cash App—agreed to pay up to $255m to settle claims that criminals had used its platform for...

WorkFusion, a pioneer in AI-powered automation for financial crime compliance, has introduced a groundbreaking innovation aimed at transforming enhanced due diligence (EDD) practices. According to...

In today’s fast-moving regulatory environment, it only takes one missed red flag to turn a financial institution into the next headline scandal. Yet despite...

Diversity in financial services has transformed how individuals and businesses access capital. The once slow-moving world of traditional finance—where bank accounts required in-person visits—is...

Compliance demands have evolved, and so must client lifecycle management. As regulations tighten, customer profiles diversify and operational costs rise, applying a ‘one-size-fits-all’ approach to onboarding and due diligence is no longer viable.

Asset management firms face increasing scrutiny when it comes to complying with global sanctions regulations. Failing to meet these obligations can result in severe...

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...

As financial crime becomes increasingly borderless, the regulatory world is following suit. In 2025, Know Your Customer (KYC) regulations are no longer evolving in...

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...