Hot on the heels of launching its identity verification product in August 2019, VerifyMe Nigeria has closed a new investment round.
While financial crime is a global problem, the US and European market are paying the most to prevent it.
Using biometrics to provide strong customer authentications is becoming more popular and is beginning to be used in ATMs to help customers identify themselves.
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.
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.
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.
Lawyers have filed a class-action lawsuit against Clearview AI for scraping public pictures to create its facial recognition software.
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.
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.
While KYC and onboarding verification have traditionally been a manual process, embracing automation and modern technology is the way ahead.