Mashreq Bank implements ThetaRay’s transaction monitoring tech for correspondent banking
Mashreq Bank is Israel-based ThetaRay’s first customer in the UAE.
Know Your Customer/KYC
Compliance tech provider Sardine raises $19.5m in Series A
New funding came from Andreessen Horowitz, NYCA and Experian Ventures.
Suffolk Building Society signs for TruNarrative’s regtech
TruNarrative’s technology will digitise mortgage customer onboarding and help prevent financial crime.
White paper: Anti-money laundering regulations in 2022
A closer look at some of the changes in the AML regulatory landscape in seven countries around the globe.
Nationwide partners ID fintech Jumio for customer onboarding upgrade
Jumio leverages AI, biometrics, machine learning, liveness detection and automation to verify identity.
Digital ID verification platform Veriff raises $100m Series C at $1.5bn valuation
Veriff says the cash injection will be used to invest in R&D and grow its sales and marketing teams.
Financial crime fighter ACAMS acquired by PE firm Wendel for $500m
ACAMS has a global membership base of 90,000+ members in 175 countries.
Open banking fintech Plaid acquires ID verification platform Cognito
The acquisition completes the customer onboarding experience, says Plaid CEO.
Regtech ComplyAdvantage reports record year, makes senior hires
Nabeel Vilcassim joins as chief financial officer (CFO) and Oliver Furniss as chief product officer (CPO).
E-commerce one-click checkout fintech Bolt raises $355m in Series E
Bolt says it has doubled its valuation in three months.
Trulioo hires product veteran Michael Ramsbacker as its first chief product officer
Ramsbacker will be developing intelligent workflow systems designed to maximise verification rates.
SmartSearch appoints ex-Dow Jones exec as CEO as company founder steps down
SmartSearch founder and CEO John Dobson will be a non-executive director.
Video: fintech news pick of the week – Petal, Unibo, & iProov
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Regtechs PassFort and kompany acquired by Moody’s Corporation
Both companies will be integrated into Moody’s KYC business within Moody’s Analytics.
ClearBank partners SME bank Recognise to provide Confirmation of Payee
CoP dramatically reduces the risk of fraud, says ClearBank CEO.
ID verification firm Socure valued at $4.5bn following $450m Series E round
The fintech plans to use the cash to develop new products, enter new markets and hire more staff.
ICYMI funding round-up: Chip, Multiverse Computing, Kevin, APLYiD & more
Another collection of funding rounds and raises from all over the world you might have missed.
Al Rayan Bank taps TruNarrative to cover KYC and onboarding
UK Islamic Bank seeks revamp to regulatory reporting as part of ongoing digital change.
Filipino BaaS player Netbank picks Chekk for KYC services
Netbank to integrate Chekk platforms into its white-label offerings for customers and businesses.
Oracle partners Nano to utilise proprietary onboarding tech
Aussie digital lender will deploy its system to Oracle partners.
Aussie ID and fraud prevention platform FrankieOne nets $15m Series A round
Start-up sees investment from Robinhood founder and CEO Vlad Tenev and Monzo founder Tom Blomfield.
Why PostgreSQL meets fintech database demands
How to get the best out of your database and to ensure your PostgreSQL deployment is stable, secure, and performant.
DNB Bank picks Fenergo to provide CLM solutions in multi-year project
Norwegian banking group plans revamp of currently manual processes.
ComplyAdvantage tapped by Hampshire Trust Bank for AML solution
RegTech’s AI-driven financial crime solutions will protect HTB at a time of rapid growth.
Bahrain’s Bank ABC taps Fenergo for client management solution
Bank ABC operates across the Middle East, North Africa, Europe, the Americas and Asia.
Regtech start-up PassFort lands $16.2m Series A funding round
PassFort intends to use the money to expand internationally.
White paper: Five key qualities of a successful AML compliance programme
An effective AML compliance programme will protect your company from regulatory fines and prosecution.
Exclusive: Inside the merger of DueDil and Artesian Solutions
FinTech Futures sits down with the CEOs of DueDil and Artesian to talk about their merger.
How identity fraud is costing fintechs millions each year
With fraud rates on the rise, fintechs need to take cybersecurity seriously.
Guide: The X factor – why KYC isn’t enough
Fighting fraud and financial crime doesn’t end at onboarding.
Signicat acquires e-signature firm Dokobit
The deal is Signicat’s third acquisition this year and fourth in two years.
FCA says crypto exchange Binance is “not capable” of supervision
UK regulator issued a now-revealed warning to Binance in June.
Coinbase deploys Solarisbank to streamline onboarding in Germany
Cryptocurrency platform deploys new systems to improve KYC.
LexisNexis acquires onboarding and risk platform TruNarrative
TruNarrative will join LexisNexis’ business solutions group.
Israel Discount Bank of New York picks Argo for anti-fraud
Texas-based Argo will deploy its OASIS platform.
Sova Capital selects Appway for onboarding and KYC solutions
London-based broker looks to streamline client onboarding while ensuring full compliance.
DueDil to merge with Artesian Solutions due to “lack of funding”
Reports indicate DueDil shareholders won’t get a return on investment.
How evolving tech is changing digital habits
A deeper look at some of the technologies that are changing our digital habits.
Perpetual KYC and the move away from periodic reviews
Continuously monitoring customer information using AI could have advantages for banks and fintechs.
How AI can help identify front and shell companies
Detection using AI can help banks and fintechs avoid huge regulatory fines.
