Veriff, a global identity verification provider, today announced its new Know Your Customer (KYC) Education Center. Offering a comprehensive library of KYC articles and guides, the hub acts as an essential resource for businesses looking to remain compliant with quickly evolving Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations.

Springfield, Mass.-based Pioneer Valley Credit Union (Pioneer Valley) has signed a partnership agreement with Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions. By launching the Mahalo Banking platform, Pioneer Valley plans to advance its digital banking experience and improve its competitive advantage within the industry.

Tracxn, a leading global SaaS-based market intelligence platform, has released its Geo Quarterly FinTech UK Report - Q1 2023. The report, based on Tracxn’s extensive database, provides insights into the UK FinTech space.

Indian mobile payments company PhonePe has raised a further $100 million in an ambitious attempt to complete an ongoing $1 billion financing round.

Financial IT speaks with Terrie Smith, CEO & Co-founder of DIGISEQ at PAY360 Conference to discuss how the wearable payment industry is evolving and recent DIGISEQ's partnership with Curve

Global Screening Services (GSS), a RegTech innovator focused on financial transactions screening, has today announced its partnership with Dow Jones Risk & Compliance, a global provider of best-in-class risk data, integrated technology solutions and due diligence services for managing regulatory risk.

In the age of sophisticated identity fraud, including fraud enabled by artificial intelligence (AI), it’s of paramount importance to establish a comprehensive and highly diverse verification process to enable as many identity checks as possible.

SWK Bank, one of Germany's leading service and direct banks, will move from its current headquarters in Bingen to Mainz. The new office space in Mainz has been specially designed to promote cooperation between the teams and individual divisions to support the bank's further growth. The Bank is planning a 2-location strategy: the back office will continue to work from Bingen, the other departments from the new location in Mainz. The head office will be relocated to Mainz. The relocation will take place on May 1, 2023. 

The Home Office has introduced a new crackdown on fraud to protect businesses and consumers as part of the Government’s commitment to tackling financial crime. 

As part of a failure to prevent fraud offence, organisations must demonstrate their deterrence measures should fraud be committed by an employee. Failure to do so risks an unlimited fine. 

Founded in 2017, the new online banking `Sends` presented its first financial products for individuals and legal entities. 

`Sends` is a Britain-based online banking with various financial services, starting with Internet acquiring and the opening of multicurrency business accounts. The company offers a fast, flexible and individual approach.