African ID verification platform Smile Identity nabs $20m Series B
The latest funding round brings Smile Identity’s total capital raised to date to $31 million.
Know Your Customer/KYC
UAE’s central bank launches financial services digital transformation programme
The UAE is aiming to become a “financial and digital payment hub”.
Digital financial crime platform Themis names Matthew Hurn as chairman
Hurn has been a Themis investor and board member since June 2020.
Detected names Mike Ainslie chief financial officer
Ainslie brings a “wealth of experience” within the financial and operations industry, Detected says.
As uncertainty continues, financial institutions must provide revitalised client-first approaches
While we may be facing much ambiguity in 2023, there has never been a greater opportunity to innovate.
UK fintech funding round-up: Caura, Themis and Keyzy
A handy round-up of the recent funding endeavours of fintech companies in the UK.
Finora Bank taps regtech iDenfy for automated customer onboarding
The partnership will help Finora Bank manage fraud risks and gain insights into its financial operations.
UK fintech investment & funding round-up: Alveo, Detected, & London House Exchange
A handy round-up of UK fintechs that are the latest lucky recipients of funding.
US DoJ charges crypto exchange founder over alleged illicit fund transfers
The DoJ alleges Bitzlato processed more than $700m in illicit funds.
Axis Bank taps Open to launch digital current accounts for businesses
Axis Bank says its new product will help save customers time and effort with a fully digital authentication process.
FinTech Futures: Top five stories of the week – 6 January 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Coinbase hit with $50m fine for “significant” compliance failures
Coinbase has also been ordered to invest an additional $50m into its compliance programme over the next two years.
The regulatory landscape and predictions for 2023
Being able to quickly respond to changing regulatory requirements is more important than ever.
Ten fintech predictions for the year ahead
2023 will be another year of fintech innovation and growth.
Webinar: From intuition to intelligence – fraud trends every risk leader must know for 2023
Learn how data can reveal prevalent fraud trends and inform fraud prevention and risk management strategies.
Hodge Bank taps LexisNexis to streamline customer onboarding
The Cardiff-based lending and savings provider will deploy LexisNexis’ RiskNarrative platform.
ICYMI fintech funding round-up: Buckzy, FrankieOne and Ejara
A handy round-up of the recent funding endeavours of fintech companies across the globe.
UBS taps ID verification firm Regula to streamline customer onboarding
Regula says its tech will enable UBS customers to open new accounts “in less than five minutes”.
Video: Socure at Money20/20 USA – Fighting synthetic identity fraud
We chat with Johnny Ayers, CEO of Socure, about how firms can tackle synthetic identity fraud.
From eID wallets to soulbound tokens: future-proofing digital identity
The next five to seven years will usher in a completely new era of digital IDs.
UBS partners iProov for automated customer biometric ID onboarding
With face verification tech, UBS key4 customers can onboard remotely in five minutes, iProov says.
Research: Tech blockers 2022 – cutting the costs of AML compliance
Opportunities and barriers on the road to wider adoption of effective AML screening technology.
Video: Inscribe at Money20/20 USA – Automating KYC/KYB and underwriting processes
We chat with Inscribe’s Ronan Burke about the benefits of KYC/KYB and underwriting automation.
iBanFirst taps Fenergo for client lifecycle management solution
iBanFirst says Fenergo’s tech will allow it to offer “faster and more effective” digital customer onboarding.
With tech giants going passwordless, will banks be ready to meet new consumer expectations?
With the rise of passkeys, Big Tech firms are paving the way for a passwordless future.
GoTyme Bank selects Daon for digital identity verification
The digital bank will utilise Daon’s IdentityX platform for ID authentication.
Crypto-powered banking platform BVNK secures Spanish digital asset registration
BVNK is looking to expand across the European Union and beyond.
US fintech funding round-up: OatFi, Fintor and StandardC
A handy round-up of the recent funding endeavours of fintech companies across the US.
Orange Bank takes sanctions screening real-time with SAS and Neterium
The AML-CTF platform powered by SAS and Neterium is “a game-changer”, says Orange Bank’s deputy CEO.
Video: Incode at Sibos 2022 – Identity verification and biometric authentication
We chat with Incode’s Jonathan Andresen about the importance of effective ID verification tech.
Sibos 2022: How to avoid a digital identity crisis
Bianca Lopes makes the case why banks, FIs and regulators should be paying attention to digital identity.
Arab Jordan Investment Bank taps Codebase for digital onboarding tech
The bank will deploy Codebase’s Digibanc platform.
India’s Signzy raises $26m in Series B funding round
The funds will be used to further develop its platform and boost its international presence.
How financial services are following in the footsteps of Amazon with digital identity
The financial services industry must be prepared to completely reimagine the digital experience.
Copper.co taps Fenergo for AML and client lifecycle management solution
Copper will utilise Fenergo’s tech to onboard “increasingly complex” client ownership structures.
Fraud prevention and compliance fintech Sardine nets $51.5m Series B
Sardine boasts a client list of over 135 companies including FTX, Blockchain.com and WealthSimple.
What do BLT and digital identity have in common?
Digital identity should be palatable and accessible for all businesses.
Digital identity firm Chekk hires Jason Lee as CTO
Lee has more than 26 years’ worth of technology experience in fintechs and large corporations.
ICYMI fintech funding round-up: Chekk, Hello Clever & Zywa
A handy round-up of the recent funding endeavours of fintech companies across the globe.
OneBanx taps regtech PassFort for know your business solution
PassFort says the solution will enable “seamless” onboarding for business customers.
