Tag: KYC

The total value of fines issued so far in 2020 against companies failing to comply with anti-money laundering and know your customer rules totalled $5.6bn, with APAC regulators dramatically increasing their sanctions.

Austrian RegTech platform SignD Identity has closed a €1m investment which will help it to bolster its international sales and marketing efforts.

RegTech Arachnys has signed up to help Momenta Group, the London-based contingent resourcing firm, to bolster its client onboarding and anti-money laundering (AML) efforts.

Veriff closed its new funding round on $15.5m as it prepares to increase its growth and sales to enterprise customers before it raises a larger Series B round in the future.

User and employee verification platform ID.me has raised up to $8.3m in a new funding round, a filing with the US SEC shows.

While efficient logistics and supply chain management are recognised as an integral part of a firm’s competitive advantage, poor performance in logistics can still be the undoing of an otherwise successful company, according to a new blog from KYC Portal.

With the chaos the coronavirus has put the world in, it’s easy for certain things to slip under the radar, the problem is these can be just as damaging to the business as the pandemic.

South Africa-based TruID has reportedly closed a funding round which will help it to expand it customer base and product.

Aussie customer identity verification company Kyckr is looking to leverage the tightening of anti-money laundering rules and grow on the back of a new funding round.

Financial solution developer Finologee is working with know-your-customer (KYC) service provider Harmoney, to build a new joint venture called KYC Manager.