Identity verification platform Sumsub raises $6m in Series A round

Sumsub, an identity verification platform, has bagged $6m in a Series A round led by financial trading software provider MetaQuotes.

Treezor and ubble team up to fight fraud

Banking as a service platform Treezor has inked a partnership with RegTech ubble, which will see the French FinTech offer a real-time video enabled KYC solution to its customers.

23 FinTech rounds raised in the last week

Last week proved a huge win for challenger banks and the Latin American FinTech sector. Check out these funding rounds to find out why.

Anti-money laundering and know your customer fines totalled $5.6bn so far this year

The total value of fines issued so far in 2020 against companies failing to comply with anti-money laundering and know your customer rules totalled $5.6bn, with APAC regulators dramatically increasing their sanctions.

What can RegTech companies learn from how regulators have acted during the Covid-19 crisis?

Regulators around the world have issued emergency measures to safeguard the economy from the coronavirus fallout. But what can RegTechs learn from it?

Arachnys tapped by contingent resourcing firm Momenta Group to provide KYC and AML services

RegTech Arachnys has signed up to help Momenta Group, the London-based contingent resourcing firm, to bolster its client onboarding and anti-money laundering (AML) efforts.

How facial recognition software can be used in ATMs

Using biometrics to provide strong customer authentications is becoming more popular and is beginning to be used in ATMs to help customers identify themselves.

Challenger bank Knab taps facial biometrics company iProov for its customer authentication services

Dutch online bank Knab prides itself on supplying a human service backed by the latest technology. To that end, it has just teamed up with biometrics company iProov.

FCA slams Commerzbank London with £37.8m fine over anti-money laundering failures

The UK's top financial market watchdog has punished the London branch of Commerzbank with a £37,805,400 fine for failing to set up strong anti-money laundering (AML) measures.

How does KYC Portal work?

KYC Portal has quickly become a leader in the client onboarding market. This is how it works.

News Stories

POS lending solution Affirm closes $500m Series G

Affirm, a buy now and pay later solution, has closed its Series G round on $500m.
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Solving the challenge of creating a customer-centric business model – Kidbrooke demo

A recent survey from PWC found that 61% of bankers believe customer-centric business models are very important, and yet only 17% of them are “very prepared” for it. Kidbrooke has released a new demo highlighting the problem in the market.

Over 60% of InsurTechs and insurers are keen to work with BigTech companies

Over 60% of InsurTechs and insurers are looking to collaborate with BigTechs, as they look to keep up with changing customer demands, a new report claims.

Good services is more important to policyholders than pricing

New research claims the key to driving long-term relationships in home insurance is less about pricing and more about great services and reputation.

TCARE closes $3m in round led by SixThirty Ventures

TCARE, which claims to be the only evidence-based, CMS 1115 approved and accredited family caregiver support platform, has netted $3m in funding.

Join the exclusive webinar with McKinsey and Akur8 to find out more 

How to capture value from pricing analytics in P&C insurance post COVID-19?

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