Tag : Parallel Markets

iCapital to Acquire Parallel Markets to Streamline Digital Identity, Investment Onboarding, and Compliance Verification
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iCapital to Acquire Parallel Markets to Streamline Digital Identity, Investment Onboarding, and Compliance Verification

Business Wire
iCapital will introduce the first-of-its-kind reusable KYC/AML passport technology for alternative investments, aiming to eliminate duplicative investor profiles and compliance checks, which saves time and resources. iCapital1, the global fintech platform driving the world’s alternative investment marketplace for the wealth and asset management industries, and Parallel Markets, a leader in reusable......
Parallel Markets Acquires Passbase
Compliance management News

Parallel Markets Acquires Passbase

PR Newswire
Parallel Markets, the pioneer in reusable identity, announced that it has acquired specific assets of Passbase, a digital identity verification company. With this acquisition, Parallel enhances its capabilities and cements its role as a leading provider of portable, regulatorily compliant KYC. “Passbase has been a leader in the portable, reusable......
Parallel Markets Participates in Portable Identity Ecosystem Built on Centre’s Verite Protocols
DeFi News

Parallel Markets Participates in Portable Identity Ecosystem Built on Centre’s Verite Protocols

Fintech News Desk
Growing adoption of Verite credentials will support secure, privacy-preserving participation in DeFi and Web3 Circle Internet Financial and Parallel Markets will collaborate to build accredited investor credentials using the Verite decentralized digital identity credentials established by the Centre Consortium, expanding opportunities for privacy-preserving, compliant transactions using open standards. “Verite credentials allow us to support organizations providing......
Portable Identity Company Parallel Markets Announces Series A, Led by Union Square Ventures
Banking News

Portable Identity Company Parallel Markets Announces Series A, Led by Union Square Ventures

Fintech News Desk
The company’s “Passport” makes it easier, faster and safer for customers to invest across traditional banking and Web3 platforms Identity verification (KYC/AML) and Accreditation processes at financial institutions are slow and repetitive. With rapid growth in new investing platforms, each with redundant verification requirements, the need for a financial identity Passport......
Beyond Insurance and TrustLayer Announce New Strategic Partnership to Provide BIGN Members with Access to Risk Management Platform
Fintech News

Former MealPal CTO joins Parallel Markets

Fintech News Desk
Parallel Markets Inc. (“Parallel”), a market leader in the digital identity space, announced that Alan Norton has joined as a Senior Engineer to help support and grow Parallel’s investor identity platform. Read More: COVID-19 and Automation are Changing Finance for Good Norton brings over a decade of senior leadership experience from......
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