Tag: onboarding

Search engines are free, easy to use and powerful. Could you use them to run a KYC/AML screening program? You could – but in the end, it will expose you to significantly more cost and risk than opting for a purpose-build solution. Here are eight reasons why.

LexisNexis Risk Solutions has partnered with iMeta Technologies in a bid to reduce financial crime risk for financial institutions.

Belarus-based Belgazprombank has implemented a system from FICO to screen financial transactions and customers to prevent financial crime.

Global remittance platform Remitly has partnered with Onfido to help onboard new users to its platform, without running the risk of fraud or financial crime.

Indiegogo has partnered with Onfido, an identity verification provider, to prevent fraudsters from entering its crowdfunding platform.

Graydon has partnered with global financial crime experts, TruNarrative to provide a corporate anti-fraud solution to the business community.

Prasos, a Finland-based cryptocurrency service provider, has signed an agreement with payment and identity technology company iSignthis.

Long Ridge Equity Partners has purchased ProcessUnity, a software-as-a-service provider for integrated risk management.

Travel Money Club, a currency exchange platform, has bolstered its identity verification experience by partnering with Onfido.

4Stop, a provider KYC, compliance and fraud prevention solutions, has partnered with Web Shield and launched its global merchant underwriting solution.