Tag : KYC

Fintech Unicorn PingPong Payments: Fighting Fraud is a Never-Ending Battle
Fintech News

Fintech Unicorn PingPong Payments: Fighting Fraud is a Never-Ending Battle

Fintech News Desk
The global fintech market is expanding rapidly and expected to reach $460 billion by 2025[1], yet total fraud losses have reached a staggering $42 billion worldwide in the past two years alone[2] – cash taken straight from businesses’ bottom-line. This has been exacerbated by the pandemic, which while accelerating e-commerce and the growth of digital......
4Stop's Automated KYB Underwriting Solution Now Integrated and Partnered with 123signed
Fintech News

4Stop’s Anti-Fraud Transactional Monitoring Technology Now Integrated and Live With Paytah by Monetum

Fintech News Desk
4Stop (“FourStop GmbH”) a leading global provider for KYB, KYC, compliance and fraud prevention technology announces the active integration of their anti-fraud transaction monitoring technology with Paytah by Momentum. They bring innovation to the Fintech market to enable cross-border transactions and IBAN accounts conveniently and reliably from anywhere in the world. Read......
Beyond Insurance and TrustLayer Announce New Strategic Partnership to Provide BIGN Members with Access to Risk Management Platform
Banking Business Capital Markets Fintech News

TransferGo Champions Frictionless ID Verification with SumSub and Veriff

Fintech News Desk
Key partnerships will support seamless customer experience and deliver increased service reliability TransferGo, one of the world’s fastest-growing money transfer companies, today announces a partnership with robust, end-to-end ID verification companies SumSub and Veriff. Through SumSub and Veriff’s technology, TransferGo will be able to verify a customer’s identity and prevent......
Banking Fintech Mobile Banking News Risk Management

Experian Partners With Global Data Consortium To Bolster International Customer Identity Verification

Fintech News Desk
New solution provides comprehensive package for clients with global customer bases to quickly and efficiently confirm identity Experian and identity verification provider Global Data Consortium (GDC) have today announced a new partnership which will transform customer onboarding journeys for both international and new-to-country customers. The agreement enables Experian clients to......
ACAMS Partners with FINTRAIL to Launch New AML Compliance Certification Program for FinTech Firms
Fintech News

ACAMS Launches New KYC Certification for Front-Line and Operations Teams

Fintech News Desk
As part of its expanding toolkit for the compliance community, ACAMS has launched its first-ever know your customer (KYC) certification for early career professionals and their supervisors. The Certified Know Your Customer Associate (CKYCA) program sets a new global standard for KYC compliance staff involved in analysis, onboarding, anti-money laundering......
iProov Research: U.S. Banks Missing Out on Online Growth Opportunities
Banking Fintech News

iProov to Provide Biometric Technology to Challenger Bank Knab, Part of AEGON

Fintech News Desk
iProov, a world leader in spoof-resistant, biometric facial authentication technology, announced that its technology is to be deployed by Dutch challenger bank Knab to provide an effortless online biometric experience to its nearly 500,000 customers. Read More: Bank of Montreal, Motley Fool, Pernod Ricard USA and Wabtec Among Customers That......
Global New Account Fraud Decreased 23% in 2020, According to Jumio's Holiday Fraud Report
Artificial Intelligence Fintech News

Jumio Enters France’s Identity Verification Market to Deliver eKYC and Remote Onboarding Services

Fintech News Desk
The COVID-19 pandemic has showcased the value of digital transformation for businesses and the digitisation of the new online account creation process Jumio, the leading provider of AI-powered end-to-end identity verification and authentication solutions, announced the launch of a French solutions portfolio and the appointment of Frederic Ly as its......
Banking Cryptocurrency Featured Fintech Trading

Top Global RegTech Providers Redefining Regulatory Issues and Compliance for Business-to-Business

Fintech News Desk
As per World Bank estimates, 8% of the GDP of most of the advanced economies are being spent on regulatory compliance. For less developed countries, the percentage is even more. Imagine the size of the global economy and the kind of expenditure companies are making to ensure that their business......
CoinDCX Partners With Onfido to Reduce KYC Verification Time From 24 Hours to Under 5 Minutes
Artificial Intelligence Business Cryptocurrency Fintech News

CoinDCX Partners With Onfido to Reduce KYC Verification Time From 24 Hours to Under 5 Minutes

Fintech News Desk
CoinDCX adopts fully automated KYC amid Covid-19 lockdown  CoinDCX, India’s largest and safest cryptocurrency exchange, announced a partnership with global identity verification and authentication company Onfido, to digitally automate CoinDCX’s entire KYC process while making it faster than ever. Onfido’s technology uses artificial intelligence(i.e. AI) to help verify users’ identities swiftly and securely while preventing fraud, enabling CoinDCX to onboard......
ThetaRay Provides Banco Santander With an Anti-Money Laundering (AML) Solution for Correspondent Banking
Artificial Intelligence Banking Big Data Fintech News

ThetaRay Provides Banco Santander With an Anti-Money Laundering (AML) Solution for Correspondent Banking

Fintech News Desk
ThetaRay, a leading provider of AI-based Big Data analytics, has signed an agreement under which Banco Santander will employ ThetaRay’s anti-money laundering (AML) solution for correspondent banking. The system will analyze SWIFT traffic, risk indicators and Know Your Customer (KYC) data to detect anomalies indicating money laundering schemes in correspondent......
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