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Know your customer (KYC) Stories - Page 13

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Know your customer (KYC) stories

First AML & Armalytix join forces to elevate AML processes
Fintech

First AML & Armalytix join forces to elevate AML processes

First AML has partnered with Open Banking tech platform Armalytix to boost Source of Funds and Source of Wealth capabilities for large conveyancing firms.

By Kaleah Salmon • 3 min read • Thu, 30th May 2024
First AML launches AI Assist to expedite compliance tasks
Risk & Compliance

First AML launches AI Assist to expedite compliance tasks

First AML launches AI Assist, promising to reduce compliance tasks to 60 seconds, expediting KYC and AML processes by 90% through automated data extraction.

By Sean Mitchell • 3 min read • Wed, 15th May 2024
Corporate treasurers frustrated by outdated bank onboarding methods
Fintech

Corporate treasurers frustrated by outdated bank onboarding methods

Research by Encompass Corporation reveals that 87% of corporate treasurers in the UK and US abandon banking applications due to outdated onboarding processes.

By Sean Mitchell • 3 min read • Tue, 14th May 2024
TrustQuay Viewpoint announces Guy Harrison as new CEO
Software-as-a-Service

TrustQuay Viewpoint announces Guy Harrison as new CEO

In a strategic move, TrustQuay Viewpoint appoints industry veteran, Guy Harrison, as CEO to enhance global development and facilitate the digital transformation in the TCSP sector.

By Imee Dequito • 2 min read • Thu, 9th May 2024
Encompass appoints Neil Acworth as new Chief Information Security Officer
Risk & Compliance

Encompass appoints Neil Acworth as new Chief Information Security Officer

Neil Acworth steps into the role of Chief Information Security Officer at Encompass Corporation, bolstering the firm's commitment to delivering robust, data-centred financial security measures.

By Imee Dequito • 3 min read • Wed, 27th Mar 2024
Encompass Corporation named 'One to Watch' in FCC50 list by Chartis Research
EduTech

Encompass Corporation named 'One to Watch' in FCC50 list by Chartis Research

Specialist in compliance technology, Encompass Corporation, earns 'One to Watch' status from Chartis Research's FCC50 list, highlighting performance in battling financial crime.

By Catherine Knowles • 3 min read • Tue, 19th Mar 2024
Appdome bolsters mobile fraud fight with Geo Compliance feature set
Risk & Compliance

Appdome bolsters mobile fraud fight with Geo Compliance feature set

Mobile app security firm Appdome introduces Geo Compliance feature set to fight mobile fraud and aid brands in verifying user location.

By Catherine Knowles • 3 min read • Mon, 19th Feb 2024
CAMS enters insurance sector with major Oriental Insurance mandate
Surveillance

CAMS enters insurance sector with major Oriental Insurance mandate

Financial technology provider Computer Age Management Services (CAMS) secures an expansive contract from Oriental Insurance Company.

By Shannon Williams • 3 min read • Wed, 7th Feb 2024

Stories from Other Regions

Know your customer (KYC) stories

Nynke Postma joins Encompass as Head of Business Development
Product Management

Nynke Postma joins Encompass as Head of Business Development

Encompass Corporation appoints Nynke Postma, founder of Blacksmith KYC, as Head of Business Development for Asia and the Middle East to boost CDI product value.

By Imee Dequito • 3 min read • Tue, 21st May 2024
Report reveals 76% of banks face sophisticated fraud threats
Biometrics

Report reveals 76% of banks face sophisticated fraud threats

Report reveals increase in fraud cases amongst banks, with money laundering, account takeovers, and AI-generated threats posing significant risks.

By Shannon Williams • 3 min read • Fri, 10th May 2024
Innovate Finance collaborates to speed up RegTech industry initiatives
Unified Communications

Innovate Finance collaborates to speed up RegTech industry initiatives

Innovate Finance, City of London Corporation, and Encompass Corporation launch a RegTech Platform to expedite fintech initiatives, provide guidance to RegTech providers, and address sector challenges.

By Catherine Knowles • 3 min read • Mon, 15th Apr 2024
Autonom8 launches advanced vKYC platform for Telcos & Banks in India
Generative AI

Autonom8 launches advanced vKYC platform for Telcos & Banks in India

Autonom8 unveils a GenAI-backed vKYC platform for India's telecommunications and banking sectors, promising advanced customer compliance onboarding with robust fraud detection.

By Kaleah Salmon • 3 min read • Wed, 3rd Apr 2024
Finkr launches to revolutionise fintech sector with visionary strategies
Fintech

Finkr launches to revolutionise fintech sector with visionary strategies

London's Finkr consultancy launches today, pledging to transform the fintech sector with its forward-thinking strategy and advanced tech solutions.

By Imee Dequito • 2 min read • Fri, 22nd Mar 2024
Australia introduces Scam Safe Accord to combat AUD $3.1bn scam crisis
Crypto

Australia introduces Scam Safe Accord to combat AUD $3.1bn scam crisis

Australia's banking sector unveiled the Scam Safe Accord, a comprehensive plan that includes advanced tech tactics to combat an AUD $3.1 billion scam crisis that surged by 253% over two years.

By Kaleah Salmon • 3 min read • Thu, 14th Mar 2024
Dvara Money & Jana SFB partnership to boost digital banking in Bharat
Fintech

Dvara Money & Jana SFB partnership to boost digital banking in Bharat

Dvara Money's tech-savvy union with Jana Small Finance Bank promises to propel digital banking in Bharat, optimising customer experiences through an integrated UPI solution.

By Kaleah Salmon • 3 min read • Wed, 6th Mar 2024
NextGen's digital services speed up home loan approvals in Australia
Fintech

NextGen's digital services speed up home loan approvals in Australia

NextGen's digital lending technology, specifically its Verification of Identity service, NextGenID, boosts home loan approval efficiency, reducing approval times by 25% on the ApplyOnline platform.

By Sean Mitchell • 2 min read • Wed, 21st Feb 2024
UK govt's 'wait & see' approach to AI regulation sparks row
Advanced Persistent Threat Protection

UK govt's 'wait & see' approach to AI regulation sparks row

UK government's wait and see approach to AI regulation sparks criticism among lawmakers over lack of urgency despite AI's existential threat warnings.

By Shannon Williams • 3 min read • Tue, 20th Feb 2024
Bank of England Governor refutes AI job loss fears
Artificial Intelligence

Bank of England Governor refutes AI job loss fears

Bank of England Governor, Andrew Bailey, defies cynicism surrounding AI, predicting AI's potential for job creation and efficiency over elimination in the UK economy.

By Kaleah Salmon • 3 min read • Wed, 7th Feb 2024