Tag: KYC

Founded in 2019, Schwarzthal Tech is a UK-based RegTech startup that is developing Wunderschild Know Your NetworkTM, an AI-driven platform that provides financial crime intelligence and speeds up the look-up process for beneficiaries. Two years into its existence, what is next for the company?

Companies are facing increasing pressures to streamline customer-facing processes. The digital ecosystem emphasizes a world where people want things completed instantly and poor experiences mean switching to other providers. Chor Teh - financial crime compliance industry practice lead at Moody’s Analytics - has explored why customers should be at the front of onboarding processes.

LoopingOne, a KYC and payments platform for marketplaces and platforms, has closed a €800k seed round backed by international trade FinTech Ebury.

As companies try to meet the requirements for two-factor authentication, KYC Portal has a solution aimed at doing just that.

In a world where financial crime and money laundering are becoming ever more common and widespread, the need to have strong – and regular – KYC checks has become imperative.

Mobile operators will generate $27bn from SMS messages related to multi-factor authentication in 2022, an increase from $25bn in 2021, according to a study from Juniper Research.

As more firms adopt digital operations, the need for seamless and secure onboarding tools will become critical. A new podcast explores the role identity proofing has within financial services.

Identity proofing and AI technology developer IDmission has teamed up with TendedBar, an automated bar.

As more and more people move online, financial crime is increasing – subsequently increasing the opportunities for cases of money laundering. As industry players continue to search for the silver bullet to tackle financial crime, RegTech firm Lucinity is focused on helping to clean up the financial world.

In a time where the number of people using online services is swelling like never before, the need for businesses to perform in-depth and detailed KYC checks has taken a key role.