Encompass Corporation, the provider of the leading dynamic Know Your Customer (KYC) process automation platform, has been announced as part of Chartis Research’s RiskTech100 list for the first time.

The year is 2010. Apple just launched the first iPad, Google has unveiled a driverless car, and PSD3 was just PSD. It was also the year the U.S Congress put open banking on the agenda. 

iink, a digital payments network that expedites the disbursement of funds associated with multi-party property insurance claims, announced it has raised $12.0MM in a Series A financing round led by the global venture capital firm 

In corporate banking, the end-to-end process of onboarding new technologies encompasses multiple components. Account opening, credit analysis, know-your-customer (KYC)/know-your-business (KYB), maintenance, sales automation, and service/product fulfillment are all areas that require attention. This complexity often results in unresolved implementation and integration challenges for corporate clients, especially when moving to a new banking provider.

It didn’t take long for cyber criminals to learn that it’s difficult to compromise banking institutions directly.

Instead, most of them target user’s devices with malware.

Skipify, a fintech company, is announcing a strategic investment from Samsung Next, an investment group within Samsung Electronics. The investment signals Skipify’s commitment to continue improving shopper purchasing experiences both online and in-stores. Skipify’s Connected Wallet is a next-gen digital wallet that connects Merchants, Shoppers, and Financial Institutions at the moment of purchase for the first time. Skipify’s Connected Wallet is linked with the world’s largest financial institutions such as American Express. 

Onramp, a bitcoin asset-management platform, proudly announces its official launch, marking a step-function improvement in bitcoin custody.  Onramp's differentiated approach to bitcoin custody, product offerings, and research and education establishes a new industry standard for sophisticated investors.

Introduction

Mastercard and Remitly Global, Inc. (“Remitly”), a leading digital financial services provider for immigrants and their families, today announced they’ve joined forces to expand access to cross-border payments and remittances.