Shufti Pro makes fraud report available, upgrades AML capabilities
More than 1 in 7 attempted online financial transactions in 2022 was fraudulent, according to Shufti Pro‘s ‘Identity Fraud Report…
Search Results for: AML
‘Seamless transactions and experiences’ coming to Corsight, says new CEO
Shai Toren joined biometric solutions provider Corsight as its new CEO in November 2022, replacing Rob Watts, who is now…
Seamless Asia 2023
Seamless Asia 2023 Singapore June 27-28, 2023 Payments. E-commerce. Banking. The three sectors on which Asia’s future digital economy will…
Snapshot of EU’s hoped-for seamless border crossings: progress but more work on privacy
A report published last month by an EU agency for large-scale IT systems extols the progress that digitalization has made…
KYC and AML costs add up, compliance with biometrics costs less: Ondato
The cost of anti-money-laundering (AML) processes for major European banks averages €14.25 million (US$15.15 million) each year, with each of…
EU banks struggle with KYC and AML budgets, but biometrics help applications worldwide
European banks are dedicating the majority of their AML (anti-money laundering) and KYC (know your customer) budgets to manual processes…
Selfie biometrics rollouts keep pace as eID cautions careful KYC and AML decisions
A biometrics vendor is reminding stakeholders that know-your-customer (KYC) and anti-money laundering (AML) solutions based on single-image selfie biometrics are…
Jumio updates KYX Platform with streamlined compliance
Jumio has updated its know-your-customer platform with several features deriving from its 4Stop acquisition, which the company completed in June….
Restructured Secure Technology Alliance streamlines digital ID, mDL groups into one forum
The Secure Technology Alliance (STA) has announced a restructuring of its organization and membership levels. The move is aimed at…
ID-Pal raises over $7M for international expansion of cloud biometric KYC, AML solution
Ireland’s ID-Pal has revealed a €7 million (roughly US$7 million) Series A funding round and international expansion plans for its…
