Fenergo Launches Remote Account Opening Solution to Accelerate Small Business Emergency Loan Approvals
- 5 years 1 week ago
- Open Banking, Fraud Detection, Compliance, AML and KYC
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.
NICE Actimize Provides Financial Services Organizations a Quick and Effective Response to the CARES Act with the Introduction of KYC Xpress
- 5 years 1 week ago
- AML and KYC
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.
Avaloq and ACTICO expand strategic partnership to prevent financial crime
- 5 years 2 weeks ago
- Banking, AML and KYC
Avaloq, a global leader in innovative software solutions for banks and wealth managers, is expanding its existing partnership with ACTICO, a leading international provider of software for intelligent automation and digital decisioning. The two companies are integrating the ACTICO Compliance Suite into Avaloq's software solutions for banks and wealth managers, making it easy for Avaloq's clients to use the new compliance offering as a... more
Coronavirus outbreak spells the end for ‘outdated’ paper-based ID checks – SmartSearch
- 5 years 1 month ago
- Platform Technology, AML and KYC
The spread of the coronavirus means firms relying on paper-based ID checks need to switch to electronic processes now to avoid a freeze on their business, according to anti-money-laundering experts SmartSearch. New restrictions on movement and the fear of contamination of documents have triggered a rush to adopt electronic verification (EV) as firms wake up to the effect of the virus. Relying on documents makes it impossible to comply with... more
Baanx partners with HooYu to strengthen KYC processes
- 5 years 1 month ago
- AML and KYC
Leading customer onboarding and KYC technology firm, HooYu, has been deployed by mobile crypto and fiat specialist Baanx. The HooYu Identify KYC journey has been selected to provide identity verification for the onboarding of new customers.
SIX Group selects Know Your Customer’s digital solutions to strengthen supplier due diligence
- 5 years 1 month ago
- RegTech, AML and KYC
SIX Group has selected award-winning RegTech provider Know Your Customer to strengthen its procurement process and better assess the risk associated with its international suppliers.
Asian Private Banker Names Fenergo as the Best KYC and Client Onboarding Solution of the Year
- 5 years 2 months ago
- Banking, AML and KYC
Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, today announced it has been awarded “Best KYC and Client Onboarding Solution” by the Asian Private Banker Technology Awards. This accolade is testament to Fenergo’s powerful technology suite and ability to ensure compliance with regulations relating to KYC and customer onboarding for financial... more
Vanquis Bank partners with HooYu to digitalise KYC processes
- 5 years 3 months ago
- Security, AML and KYC
Leading customer onboarding and KYC technology firm, HooYu, has announced a partnership to digitalise Vanquis Bank’s KYC processes. The HooYu KYC journey has been selected to provide additional identity proofing during the customer lifecycle when customers perform a potentially high-risk action on their accounts.
Encompass Corporation 2019 AML penalty analysis: $8.14 billion of fines handed out globally
- 5 years 3 months ago
- AML and KYC
Encompass Corporation, a fast-growing provider of intelligently automated Know Your Customer (KYC) solutions, has carried out an analysis of Anti-Money Laundering (AML) related penalties handed down between 1 January and 31 December 2019. Key observations:
IoTech Lab and Keesing Technologies partner to enhance global KYC platform
- 5 years 3 months ago
- AML and KYC
A new partnership between IoTech Lab and Keesing Technologies ensures seamless alignment between risk-based approach rating analysis, transaction monitoring and reliable identity verification. By integrating Keesing’s ID verification technology, IoTech Lab provides an extensive Know-Your-Customer checking platform.
Trader KYC verification from Sum&Substance in MetaTrader 5
- 5 years 4 months ago
- AML and KYC
The trading platform integration with the Sum&Substance KYC service enables the validation of client personal data and documents with one click. The new functionality provides further automation of client onboarding procedures for MetaTrader 5 brokers and the minimization of manual operations.
Encompass Corporation Partners with Pega to Streamline and Enhance Know Your Customer Processes
- 5 years 4 months ago
- AML and KYC
Encompass Corporation, a fast-growing provider of intelligently automated Know Your Customer (KYC) solutions, today announces a partnership with Pegasystems Inc. (PEGA), the software company empowering digital transformation at the world's leading enterprises.
VNX Exchange Partners With Sumsub to Provide State-of-the-Art Compliance Experience
- 5 years 4 months ago
- AML and KYC
Luxembourg-based VNX Exchange is joining forces with Sumsub, a scalable solution for KYC/AML regulatory compliance, to stay in line with growing jurisdictional demands and ensure compliance of its platform.
Fenergo Digital KYC Transforms Compliance in Fight Against Financial Crime
- 5 years 6 months ago
- AML and KYC
Fenergo, the leading provider of digital Client Lifecycle Management solutions (CLM) for financial institutions, today announces the product enhancement, Digital KYC, a real-time Know Your Customer (KYC) solution for financial institutions seeking to automate and perpetuate KYC compliance reviews. The rules-driven Digital KYC solution delivers a risk-based approach to ongoing KYC to increase operational efficiency, lower the cost of compliance,... more
Safened rebrands successful KYC activities as Fourthline
- 5 years 6 months ago
- Digital Identity, AML and KYC
The Know Your Customer (KYC) activities of the Dutch fintech start-up Safened are experiencing such growth that they will be rebranded as Fourthline. In the past year and a half, the company has performed digital identity checks on millions of customers for banks and fintechs like N26, Wirecard and Allianz. Experienced executives are now joining the company to lead Fourthline through the next phase of growth. Exceptional growth in “the next $20... more
