IDnow launches free regulatory information service "KYC Insider”

IDnow a leading provider of Identity Verification-as-a-Service solutions and regulatory expert presents KYC Insider, a free information service on regulatory ch Read more »

Norway’s State Housing Bank Selects Temenos to Rapidly Offer Billions in Loans, Grants and Housing Support to Residents and Municipalities

Temenos (SIX: TEMN), the banking software company, today announced that the Norwegian State Housing Bank, Husbanken, will replace its legacy IT system and deploy Temenos Transact to digitalize and optimize its lending operations. Temenos’ partner, Syncordis, will support the implementation. Temenos’ cloud-native core banking product will drive operational efficiencies across the bank’s back-office operations and reduce cost and complexity.... more Read more »

Adaptive Behavorial Risk Models Automatically Protect Consumers

Fraud and financial crime continue to increase during societal changes. Data has altered due to a dramatic shift in consumer spending patterns. Machine learning models traditionally created on historic data need re-training to learn new consumer behaviors and be effective at identifying fraud and financial crime and optimizing payment flow.   Read more »

Britons Embrace Biometrics But Over Half Will Abandon Applications If Not Fully Digital

Since the start of the COVID-19 outbreak, much focus and value has been put on contactless and online interactions – particularly in the financial sector. New research commissioned by global analytics software provider FICO, conducted just before the pandemic took hold, shows that online interactions were already very much par for the course amongst UK consumers. The challenge for financial institutions appears to be ensuring that the entire on-... more Read more »

IronFX to open R&D Centre in Mumbai

IronFX has chosen Mumbai to accommodate its ongoing R&D efforts, aiming to create transformative technologies for forex traders around the world, including unique withdrawal solutions, mobile trading platforms, and advanced customisation features. They will be joining a long list of international companies utilising the ecosystem in Mumbai to drive innovation and growth. Read more »

NICE Actimize’s AML Solutions Chosen by Rakuten Securities to Improve Operational Efficiencies and Reduce Compliance Risk

NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in Autonomous Financial Crime Management, has been chosen by Rakuten Securities Inc., a major online brokerage operating throughout Japan and across Asia, to implement an innovative anti-money laundering compliance platform to protect and support its investor clients and meet regulatory requirements. Rakuten Securities will utilize industry-leading solutions from NICE Actimize’s... more Read more »

Equifax partners with HooYu for digital customer onboarding and KYC journey tech

Equifax, the business and consumer insights expert, has announced a partnership with HooYu, leading customer onboarding and KYC RegTech provider, to expand its range of identity and fraud tools. Read more »

AML specialist SmartSearch chalks up continued growth in face of coronavirus outbreak

Specialist anti-money-laundering (AML) firm SmartSearch is continuing its impressive growth, despite the outbreak of Covid-19. It now has more than 4,500 clients across the financial and professional services sectors. Read more »

Featurespace raises £30 million to drive growth

Featurespace, the leading provider of Adaptive Behavioral Analytics software for Enterprise Financial Crime prevention, has raised £30 million ($37.4 million) from a funding round led by Merian Chrysalis Investment Company Limited. The round also included further funding from a number of existing investors.  The funding will be used to support Featurespace’s continued growth. Read more »

Know Your Customer is the driving force behind CSLB-Asia's KYC compliance in corporate services

CSLB-Asia, providers of family office, corporate secretarial and commercial business consultancy services, have announced their collaboration with award-winning RegTech company Know Your Customer across the APAC region. Read more »

Evalueserve Partners With Encompass to Provide Modular Automation in KYC

Evalueserve, a global leader in analytics consulting, today announced a partnership with Encompass, a fast-growing provider of intelligently automated Know Your Customer (KYC) solutions. This partnership will augment Evalueserve’s KYC services with automated data discovery and process automation, which makes the overall onboarding and remediation process more efficient for banks, especially with the post-COVID challenges. Read more »

New SmartSearch facial recognition feature gives added peace of mind

SmartSearch has added a new facial recognition feature to its award-winning digital anti-money-laundering (AML) platform, providing additional peace of mind to clients requiring visual confirmation of customer ID. Due to the restrictions on travel currently in place in response to the Covid-19 outbreak, prospective new customers are unable to present ID documents and proof of address in person. Read more »

Global financial crime-fighting body backs digital onboarding call

The Financial Action Task Force (FATF), the multinational body charged with setting the global approach to fighting money laundering and terrorist financing, has backed a call by leading Regtech firm SmartSearch for businesses to employ digital customer onboarding processes. Read more »

Fenergo Launches Remote Account Opening Solution to Accelerate Small Business Emergency Loan Approvals

 Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, today announces the launch of its digital cloud-based Remote Account Opening solution, ahead of schedule, in order to assist US small businesses in accessing PPP emergency loans. Read more »

NICE Actimize Provides Financial Services Organizations a Quick and Effective Response to the CARES Act with the Introduction of KYC Xpress

Due to provisions in the recently enacted CARES Act, financial services organizations are facing an unprecedented influx of loan applications and the need to expedite Know-Your-Customer (KYC) operations and procedures, which are often manual and time consuming. Read more »


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