ID verification startup VerifyMe Nigeria closes Series A funding round

Hot on the heels of launching its identity verification product in August 2019, VerifyMe Nigeria has closed a new investment round.

Financial crime compliance efforts cost financial institutions around the world $180.9bn per year

While financial crime is a global problem, the US and European market are paying the most to prevent it.

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.

Latin America and teen-focused FinTech services are coming of age as the industry closes...

Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.

Commerzbank and LBBW reach milestone blockchain transaction milestone

Two banks have just completed a multi-participant deal using blockchain technology, which they hail as an important expansion of the digital trade finance ecosystem.

Project Imagine unveils cloud-based banking services platform Pi1

E-money institution and investment firm Project Imagine has launched Pi1, a cloud-based digital banking services platform, to support banks and FinTechs around the world.

Face-scanning company Clearview AI sued for scraping public pictures from social media platforms

Lawyers have filed a class-action lawsuit against Clearview AI for scraping public pictures to create its facial recognition software.

25 FinTech deals from last week and what they tell you about the state...

The FinTech funding rounds over the past week show that the coronavirus continues to affect the sector and also provide an opportunity to look closer at India's industry.

FCA updates its handbook for a post-Brexit UK market

The Financial Conduct Authority (FCA) has published an updated version of the FCA Handbook to give companies ample time to prepare before the Brexit transition period is over.

How will AI and automation disrupt the KYC and onboarding process for FinTech firms?

While KYC and onboarding verification have traditionally been a manual process, embracing automation and modern technology is the way ahead.

News Stories

The trends impacting compliance technology in 2022

A recent eBook by RegTech firm Clausematch has outlined what it believes will be the top ten trends impacting compliance technology this year.

TD Insurance boosts insurance fraud protection with FRISS

TD Insurance (TDI) has implemented FRISS’ AI-powered fraud risk scoring services to combat the rising prevalence of insurance fraud in Canada.

How hyper-personalisation can deliver greater customer value

As the insurance industry becomes increasingly focussed on how it can deliver more tailored customer experiences, gaining a thorough understanding of every customer has never been more vital.

Kin Insurance retreats from IPO

Home insurance platform Kin Insurance has agreed to terminate its planned merger with special purpose acquisition company Omnichannel Acquisition Corp, due to “unfavourable market conditions”.

Sanad Cash – the latest Saudi Arabian FinTech to close funding in 2022

Sanad Cash, a Saudi Arabia-based on-demand payment and spend management platform, has scored $1.6m in its seed round.

Watch our webinar to find out more

Learn how to optimise consumer

for POS and remote channels

in digital lending

Essential training, knowledge and forward-thinking 

in RegTech

Enroll today and get 20% OFF the Professional RegTech Certificate

120,000+ FinTech leaders get exclusive industry stories delivered every week