Sumsub Launching Free Plan for Crypto Travel Rule Solution as New UK Money Laundering Laws Come into Effect
- 7 months 3 weeks ago
- AML and KYC
Sumsub is launching a six-month free trial of its Travel Rule compliance solution, starting September 1st. The product will support its cryptocurrency clients as the United Kingdom begins its enforcement of the landmark Crypto Travel Rule legislation on 1 September, aimed at combating money laundering and terrorism financing in the industry.
FOMO Pay Bolsters Digital Asset Compliance through Strategic Partnership with Notabene
- 7 months 3 weeks ago
- Compliance
FOMO Pay, a leading digital payment and digital banking solutions provider headquartered in Singapore, announces its strategic partnership with Notabene. The implementation of Notabene's end-to-end solution for global Travel Rule compliance enables FOMO Pay to further enhance its know-your-transaction (KYT) capabilities and highlights FOMO Pay's commitment to compliance and customer security.
iDenfy Partners with Beyond the Pines Productions to Build an Automated KYC Process
- 7 months 4 weeks ago
- AML and KYC
iDenfy, a fraud prevention startup specializing in identity verification and compliance solutions, announced a new partnership with Florida-based Beyond the Pines Productions, a full-service video production company offering video consulting and equipment rental services. iDenfy's comprehensive ID verification solution will be used for customer onboarding, as it has been seamlessly integrated into the automated rental checkout process.
More than Half of Challenger Banks Neglect Sanctions and PEP List Checks
- 8 months 3 hours ago
- AML and KYC
Recent survey data reveals challenger banks show a concerning lack of commitment when it comes to screening new customers against sanctions or politically exposed persons (PEP) lists. Only a quarter (24 per cent) say they always verify new customers, while more than half (54 per cent) also freely admit to performing such checks only “on occasions”.
iDenfy Partners with Syntropy to Enhance Web3 Security and KYC Compliance
- 8 months 4 days ago
- Compliance
iDenfy, a global RegTech startup offering AI-based ID verification and fraud prevention tools, announced partnering with Syntropy, a Web3 network software and real-time blockchain data company. iDenfy will be responsible for ensuring Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance by providing swift identity verification checks for Syntropy’s clients and partners.
Sovos Announces Collaboration with KPMG Canada to Provide Best-in-Class Global Tax Determination Solutions and Services
- 8 months 5 days ago
- Compliance
Global compliance technology solutions and services provider Sovos today announced a Collaboration Agreement with professional services firm KPMG in Canada, an extension of
Wirex Selects Sumsub For Virtual Asset Travel Rule Compliance and Transaction Monitoring Solutions
- 8 months 6 days ago
- Compliance
A digital payment company Wirex has partnered with Sumsub, a global full-cycle verification platform. Sumsub will provide Wirex with its Transaction Monitoring capabilities, Travel Rule compliance solutions for virtual asset transfers, and its KYC (Know Your Customer) software to verify the identity of new clients.
Ncontracts Named to Inc. 5000 List for Fifth Consecutive Year
- 8 months 1 week ago
- Compliance
Ncontracts, the leading provider of integrated compliance and risk management solutions to the financial industry, has been named to the Inc. 5000 list for the fifth consecutive year. The company's ongoing commitment to delivering industry-leading integrated compliance and risk performance management solutions for financial institutions is demonstrated by its recognition as one of the fastest-growing companies that financial institutions can... more
AI is the Most Effective Method for Tackling Money Laundering Threats, According to AML Professionals
- 8 months 1 week ago
- AML and KYC
AI is the most effective method for improving anti-money laundering (AML) processes and efficiencies according to AML professionals, research from Feedzai, a leading provider of financial crime and risk management solutions.
iDenfy Ensures KYC Compliance for Alphawin with AI-powered Age Verification
- 8 months 1 week ago
- Compliance
iDenfy, a global RegTech startup offering identity verification and fraud prevention solutions, announced a new partnership with Alphawin, a Bulgaria-based casino and sportsbook operator offering first-class online gaming experience. iDenfy will help onboard new gamers by checking their identities while allowing age-appropriate users to access the iGaming platform’s services.
Sumsub Launches ‘The Sumsuber’ to Share Industry News and Expertise
- 8 months 1 week ago
- AML and KYC
Sumsub, a full-cycle verification platform securing the whole user journey, announces the launch of its expert news site, called The Sumsuber. This platform focuses on four main topics: verification, anti-fraud measures, regulatory compliance, and product updates. The diverse range of content provides valuable insights to compliance experts, risk managers, product and AI technology professionals.
ACA Launches Best Execution Solution to Address Global Regulatory Requirements
- 8 months 2 weeks ago
- Compliance
We’re excited to announce the launch of our new Best Execution solution, designed to help investment managers worldwide address regulatory requirements while reducing cost of ownership. The solution streamlines and automates the process for gathering quantitative and qualitative data needed to support clients’ best execution analysis and reporting.
iDenfy Partners with Payout to Create a Fraud-proof KYC Experience
- 8 months 2 weeks ago
- AML and KYC
iDenfy, a global identity verification, fraud prevention, and compliance tool platform, announced joining forces with Payout, a Slovakia-based financial company, providing innovative automated payment workflow solutions.
0xKYC Partners with Onfido to Provide Fraud Protection Protocols on Blockchain and in the Metaverse
- 8 months 2 weeks ago
- AML and KYC
Onfido, the global leader in automated digital identity verification, today announced that they have partnered with 0xKYC, an innovative startup bringing zero-knowledge proof identity solutions to Decentralized Autonomous Organizations (DAOs).
