Firms paid $10.4bn in fines over the last year for breaking money laundering, privacy...
The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.
Startup accelerator Plug and Play reveals the date of its second Abu Dhabi Demo...
From FinTech and RegTech to InsurTech and cybersecurity startups, Plug and Play’s Demo Days are always an interesting event for market stakeholders wondering what is next on the horizon.
Why Mastercard will start to support cryptocurrencies directly on its network
Mastercard has announced that it will start to support select cryptocurrencies on its network to give customers and merchants more options.
The role of AI in revolutionising KYC processes in 2024
In a recent post by Encompass Corporation, the firm outlined what will be the future of the KYC industry in 2024.
4Stop launches new payment monitoring and intelligence experience
Having already cut out a piece for itself as a client onboarding and fraud prevention company, 4Stop has now launched a new transaction monitoring solution.
Essential KYC strategies to protect your business and customers
Understanding the intricacies of KYC practices is paramount for financial institutions aiming to mitigate risks and ensure compliance.
A recent article by RelyComply delved...
IDEX partners with Blockpass to promote compliance in blockchain
Blockchain-based identification platform Blockpass has partnered with Ethereum cryptocurrency exchange IDEX to promote compliance in the blockchain ecosystem.
Through the partnership both parties will work with blockchain-based businesses to implement KYC...
What are the best practices for performing KYC?
In a time where the number of people using online services is swelling like never before, the need for businesses to perform in-depth and detailed KYC checks has taken a key role.
Fenergo unveils new product Digital KYC to meet financial service firms’ compliance needs
Dublin-based RegTech Fenergo is launching new product Digital KYC to empower financial services firms to automatically comply with know your customer (KYC) rules.
IDnow could have achieved “game-changing” first with new AI identity verification product
RegTech IDnow has unveiled its new identity verification product AutoIdent Substantial.