Know your customer (KYC) Stories - Page 16

Global Stories

Know your customer (KYC) stories

Swarm Markets and Yoti make crypto more accessible

Swarm Markets and Yoti are teaming up to offer crypto vouchers for verified users, providing a gateway to secure and regulated DeFi.

By Catherine Knowles • 3 min read • Mon, 13th Sep 2021

Supply Chain

Manual processes leave financial orgs open to risk, study shows

Two-thirds of banks, corporations and NBFIs are still using search engines for trade compliance, risking red flags and missed opportunities, says Accuity.

By Catherine Knowles • 3 min read • Thu, 26th Aug 2021

Marketing Technologies

Failed payments costing Asia Pacific organisations more than $41b every year - Accuity report

Failed payments are costing the global economy over US$118.5 billion, with organisations losing customers as a result.

By Staff Writer • 3 min read • Wed, 21st Jul 2021

Fintech

$118.5 billion lost in fees due to failed payments in 2020

Banks spent on average approximately $360,000 in 2020 on failed payments, whereas the average corporate firm spent just over $200,000.

By Staff Writer • 3 min read • Wed, 14th Jul 2021

Risk & Compliance

Global spending on financial crime compliance accelerates

Global spending on financial crime compliance at financial institutions is forecast to reach US$213.9 billion in 2021.

By Shannon Williams • 3 min read • Fri, 11th Jun 2021

Open source

Identity in the age of eKYC & digital onboarding journeys

Organisations are increasingly using digital identity verification and biometrics to streamline the onboarding process and enhance customer experience.

By Sara Barker • 4 min read • Wed, 31st Mar 2021

Fintech

APAC financial firms bite down as crime compliance costs rise

The total projected cost of financial crime compliance within Asia Pacific firms reached US$12.06 billion, according to a new report.

By Staff Writer • 2 min read • Mon, 29th Mar 2021

Encryption

Cryptography orchestration reimagined for the enterprise

Unbound has announced its new CORE platform, a next-generation solution offering that delivers comprehensive cryptography orchestration for enterprises.

By Nick Forrester • 5 min read • Wed, 10th Mar 2021

Data Privacy

Asia Pacific FSIs pay $5.1 billion for breaching AML & data privacy

Financial institutions in Asia Pacific accumulate over $10.6bn in penalties for non-compliance with regulations, says Fenergo.

By Staff Writer • 2 min read • Fri, 5th Feb 2021

Identity and Access Management

Ping Identity launches new verification service to reduce fraud

Ping Identity launches PingOne Verify, a cloud service that simplifies customer onboarding and reduces fraud. It uses facial recognition and ID validation.

By Catherine Knowles • 3 min read • Wed, 3rd Feb 2021

Blockchain

Blockpass and Chainlink team up to deliver new solution to blockchain ecosystem

Blockpass has partnered with Chainlink to provide on-chain KYC data across multiple blockchains, offering secure identity verification services.

By Catherine Knowles • 3 min read • Tue, 5th Jan 2021

Human Capital Management

Oracle rolls out anti-money laundering services for banks

Oracle Financial Crime and Compliance Management Cloud Services is an application suite designed for mid-sized banks and smaller financial institutions.

By Staff Writer • 2 min read • Tue, 3rd Nov 2020

Document Management

How the best tech deals get done using tech

Venture capital (VC) is a massive global industry, with record funding for startups, but tech isn't usually a factor. That's starting to change.

By Steve Baxter • 3 min read • Fri, 30th Oct 2020

Small Business

Trulioo brings document verification with face ID to SMBs

New document verification and facial recognition features to help small-medium sized businesses protect against fraud and financial crime.

By Staff Writer • 3 min read • Wed, 15th Jul 2020

Customer Relationship Management

deVere responds to growing demand for fintech solutions with new app

deVere Group launches Ident Me app for secure identity verification and notary services, adding to its fintech portfolio.

By Catherine Knowles • 3 min read • Tue, 23rd Jun 2020

Email Security

GBG rolls out anti-fraud solutions to protect against financial crime

GBG launches robust anti-fraud solutions, featuring the flagship Instinct Hub, to safeguard businesses and their clients in a complex digital landscape.

By Catherine Knowles • 5 min read • Mon, 3rd Feb 2020