Tag: KYC

The Reserve Bank of India (RBI) has implemented fines to four banks for non-compliance with KYC, AML, and account opening standards.

Deutsche Bank Wealth Management has selected software builder Finantix to help enhance its client onboarding and KYC processes.

Metro Bank has signed a three-year deal with client intelligence tool builder Artesian Solutions to improve its compliance and KYC management.

Taking a risk-based approach during the due diligence process is often perceived as purely cost. It’s also something that will always be asked for by regulators, and costs are continuing to increase whenever there are new clients.

BITPoint LatAm, a crypto to fiat exchange platform, has partnered with IdentityMind to support its AML and KYC processes in Latin America.

Synapse, a banking API developer, has closed its Series B on $33m to support its growth strategy for 2019 which includes the launch of brokerage accounts.

Financial market data platform Refinitiv has expanded its financial crime solution tool suite into the wealth management and retail banking space.

Digital transformation company Liveoak Technologies has raised $8m in its latest funding stage.

Financial market data platform Refinitiv will deploy Trulioo’s digital identity verification services to help customers meet regulatory compliance.

More than half of consumers are worried about shifting to biometrics for authenticating online payments, a study from Paysafe claims.