Tag: KYC

Castellum.AI, a FinTech company specialising in financial crime compliance through integrated AI agents and in-house risk data, has raised $8.5m in an oversubscribed Series...

Next Generation NGPES, a France-based FinTech platform developing a unified payment ecosystem bridging traditional finance and digital assets, has partnered with Sumsub, a global...

Navigating the maze of tax compliance is often a delicate task for firms, with any misstep potentially leading to regulatory penalties and customer dissatisfaction. Simply collecting tax documentation is no longer sufficient. FinTech companies now face the challenge of collecting these documents in a seamless, friction-free manner while upholding compliance standards. By adopting AI and enhanced OCR technologies, firms can transform document collection into an efficient and transparent part of the customer journey.

In an era where fraud is becoming increasingly sophisticated, forged documents are no longer the work of individuals but of machines. From counterfeit payslips...

Global spending on Anti-Money Laundering (AML) and Know-Your-Customer (KYC) data and services is expected to surge to $2.9bn in 2025, according to new research...

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

A major Australian bank serving around one million customers across Australia and New Zealand has successfully tackled longstanding inefficiencies in its anti-money laundering (AML) operations by adopting SymphonyAI's technology.

Traditional retail banks are under pressure as FinTechs and neobanks continue to draw customers away with faster, more intuitive digital services. Built on flexible,...

AI is rapidly reshaping how financial institutions approach financial crime compliance, with intelligent automation delivering faster, more accurate results. According to WorkFusion, it has emerged...

OFX has announced a strategic partnership with Know Your Customer Limited to strengthen its global payment security through enhanced business verification solutions.