New regulations to prevent money laundering are part of the reason why wealth management firms are struggling to onboard their clients fast enough and risk losing them.
The EU’s Markets in Financial Instruments Directive (MiFID II) is a complicated piece of legislation. Still, no business can afford to get it wrong.
Betting platform Betfred has revealed it has been working with digital ID verification solutions provider HooYu to bolster its client onboarding solutions.
By 2024, the global anti-money laundering market is expected to double, according to new research from MarketsandMarkets, the research firm.
Laws are complicated and know-your-customer regulations are no exception. So it is unsurprising some RegTech providers’ clients may struggle with getting KYC right. KYC is...
Last month, a UN report claimed North Korea had hacked banks and cryptocurrency exchanges. Now, the country denies it. The report claimed that Pyongyang’s nuclear and...
Onboarding clients can be a time-consuming and risky process. That’s what Remonda Kirketerp-Møller’s RegTech startup aims to change.
From vein recognition to the way people write, the European Banking Authority has revealed some odd ways customers can prove their identities under the new SCA rules.
Crowdcube, iwoca and Lendinvest’s are among the 50 FinTech founders who have called for the British government to “not be complacent” about the country’s position ahead of Brexit.
Dutch National Bank has granted the American monetization platform 2Checkout a Revised Payment Service Directive (PSD2) payment institution licence.