Encompass Appoints Renowned KYC Experts to Help Banks Get the Most out of Digital Transformation Initiatives
- 2 years 7 months ago
- AML and KYC
Encompass Corporation, the provider of the leading Know Your Customer (KYC) automation platform, has appointed senior industry experts to a Transformation team charged with ensuring banks reap the benefits of automation initiatives.
2022 Off to Another Record Start for Jumio
- 2 years 8 months ago
- AML and KYC
Jumio, the leading provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, today announced a record-breaking Q1, with sales growing more than 140%. This growth spans the globe and multiple industries, including government, financial services and mobility.
Blockpass Partners with EMURGO to Provide On-Chain KYC to Cardano Blockchain Ecosystem
- 2 years 8 months ago
- Blockchain, AML and KYC
Blockpass, a leading digital identity verification provider, today announced a strategic partnership with EMURGO, a founding entity of the Cardano blockchain and its official commercial arm. Through this collaboration, Blockpass will add Cardano crypto-addresses to the Blockpass App, and offer On-Chain KYC(TM) services for Cardano ecosystem projects, optimizing their KYC requirements.
Jumio Announces Industry Veteran Stuart Wells as Chief Technology Officer, Unveils New Jumio Innovation Lab
- 2 years 8 months ago
- AML and KYC
FICO technology leader will oversee Jumio’s research and development of identity verification technology to drive the industry forward
Blockchain Technology Enterprise OwlTing Installs Robust AML Defenses with Napier
- 2 years 8 months ago
- Compliance, AML and KYC
Napier, provider of leading anti-financial crime compliance solutions, announced that OwlTing Group, a blockchain technology enterprise, is the latest to leverage Napier’s AI-enhanced technology solutions to develop an effective financial crime compliance system, which improves its anti-money laundering (AML) and counter-terrorist financing (CTF) defenses and meets relevant regulatory requirements.
Prospect of Further Sanctions Against Russia Underlines Importance of Ongoing Client Monitoring
- 2 years 8 months ago
- AML and KYC
The prospect of further sanctions being imposed on Russia in addition to those recently brought in by the UK, the US and the EU has underlined the importance of ongoing client monitoring, according to a leading anti-money laundering expert.
FCA Doubles Down on Anti-Money Laundering Commitmen, in New Three-year Strategy
- 2 years 8 months ago
- Compliance, AML and KYC
The FCA has released a new report unveiling their strategy for the next three years, from 2022 to 2025. The Strategy contains a number of commitments and plans to mitigate fraud, market abuse, money laundering, sanction evasion and terrorist financing.
DAPS UK Signs up for SmartSearch Verification
- 2 years 8 months ago
- AML and KYC
National property sales and lettings company DAPS UK has partnered with leading anti-money laundering specialist SmartSearch. The company, which will shortly be opening its seventh UK office, is the latest property-related business to sign up to the SmartSearch digital customer verification and screening system.
Economic Secretary to the Treasury Praises UK’s ‘robust’ Anti-Money Laundering Systems
- 2 years 8 months ago
- AML and KYC
John Glen, Economic Secretary to the Treasury, has praised the UK’s robust Anti-Money Laundering (AML) approach and pledged that the government will not compromise on its high standards. Addressing delegates in his keynote speech at the Innovate Finance Global Summit during FinTech Week 2022, the minster gave a wide-ranging speech covering issues such as growth in the UK’s FinTech sector, regulation, management of crypto assets and tackling the... more
LSEG to Expand Its Global Range of Digital Identity Solutions Through Acquisition of Global Data Consortium Inc
- 2 years 8 months ago
- AML and KYC
London Stock Exchange Group (LSEG) today announces it has agreed to acquire Global Data Consortium Inc (GDC), a global provider of high-quality identity verification data to support clients with Know Your Customer (KYC) requirements (the Transaction).
Economic Secretary to the Treasury Praises UK’s ‘robust’ Anti-Money Laundering Systems
- 2 years 8 months ago
- AML and KYC
John Glen, Economic Secretary to the Treasury, has praised the UK’s robust Anti-Money Laundering (AML) approach and pledged that the government will not compromise on its high standards.
ComplyAdvantage Releases New Anti-Money Laundering Essentials Guide For Startups
- 2 years 8 months ago
- AML and KYC, Data
New Guide Provides A Breakdown From Common Terminology, Know Your Customer Overview, Digital Identification Guidance, Regulatory Updates To Choosing The Right AML Tools
One-minute Verification: Sumsub Helps Bybit Quickly Onboard Global Users and Fight Fraud
- 2 years 8 months ago
- Fraud Detection, Compliance, AML and KYC
Sumsub is ready to share the results of their partnership with Bybit. Sumsub, an internationally-acknowledged identity verification and KYC/AML compliance provider, is ready to present the results of their partnership with Bybit, a global crypto trading and staking platform with over 6 million users worldwide.
88% KYC pass rate: Sumsub and MyMove Share their Partnership Report
- 2 years 8 months ago
- Compliance, AML and KYC
Reaching 88% end-user pass rates and higher verification speeds, MyMove is planning to scale up internationally with a reliable KYC/AML compliance ally. MyMove, a software company that enables a digital fleet sharing and rental experience, is ready to present the results and future prospects of their partnership with Sumsub, an identity verification and KYC/AML compliance provider.
NFTs Provide Loophole for Russian Money Laundering
- 2 years 8 months ago
- Cloud, AML and KYC, Financial
SmartSearch, the UK’s leading anti-money laundering solution, is warning of the dangers of Non-Fungible Tokens (NFTs) being used to get around sanctions. “When new technology is launched, fraudsters and money launderers are never far behind.,” cautioned Martin Cheek, managing director at SmartSearch.
