Tag: KYC

Alloy, an identity verification service for financial services, has bagged $12m in its Series A round.

NICE Actimize has been selected by Indonesia’s Bank Mayapada Internasional to improve its financial crime operations.

Betting platform Betfred has revealed it has been working with digital ID verification solutions provider HooYu to bolster its client onboarding solutions.

Digital Bazaar has collaborated with GS1 US, SecureKey, TradeLens and 20 other companies to implement a blockchain solution which uses global standards for organizational identity proofing and vetting.

A European bank which serves 10 million customers could save up to €10m annually and avoid fines if they improve technology behind know your customer (KYC) processes, study from Mitek and Consult Hyperion states.

Payments and ID platform Nuggets will leverage the identity verification software of Onfido to authenticate and onboard new users.

The Reserve bank of India (RBI) has reportedly extended the deadline for prepaid payment instruments (PPIs) to be compliant with KYC rules.

It has become a common occurrence that a subject (be it a legal entity or a human being) is involved in multiple aspects within an organisation. An entity which is being serviced for different products or services would usually lead to multiple records of the subject and also multiple KYC processes leading to inefficiencies and also increased risk. KYC Portal allows you to benefit of such occurrences to improve efficiencies and reduce risk exposure

Tally, a banking app which offers an alternative physical asset currency, has selected TruNarrative’s unified platform for real-time customer onboarding.

Digital identity startup Jumio has joined NICE Actimize’s X-Sight Marketplace, an ecosystem designed to assist in financial crime management.