US Corporate Transparency Act rollbacks create customer ID verification needs
U.S. companies will no longer have to comply with beneficial ownership reporting, thus pressuring banks to uphold KYC compliance and…
AML
Biometric Update regularly publishes posts regarding the term "AML." The following set of links is available to help you find biometrics news concerning "AML" and other relevant terms. More tags may be explored by accessing our entire Biometrics Topics list.
Credas CEO recommends robust ID verification to fight financial fraud in property market
The property market in the UK, like elsewhere, is not spared from financial fraud. But in order to reverse the…
Regulation and technology in 2025
By Collette Smith, Chief Transformation Officer, SmartSearch As 2025 begins, the world of digital compliance is preparing for significant challenges…
Partnerships bloom in market for compliant, convenient, efficient KYC/AML security
The market for Know Your Customer and Know Your Business (KYC/KYB) use cases of biometric identity verification has seen a…
To comply or not to comply? US bins AML law, Umazi offers compliance at scale
Money laundering is an oft-cited concern for businesses seeking fraud prevention tools; hence the familiar industry shorthand for anti-money laundering,…
Signicat, Smile ID and Regula make new strides in financial industry
Identity verification, KYC and AML companies are making deals from Europe and Africa to Asia, including collaborations designed to boost…
BioCatch puts spotlight on money mule problem, biometric solution
Money mules move money, knowingly or not, for criminal enterprise. They can be students, or people in financial straits; they…
UK sets timeline for stricter corporate IDV, AML controls
Businesses in the UK have until the end of 2026 to comply with new identity verification requirements for directors and…
faceEsign
faceEsign revolutionizes KYC processes by integrating facial recognition, video verification, and e-signatures, enabling companies to onboard customers securely and seamlessly….
Reusable ID for AML acquired by global fintech as compliance costs rise
Global fintech platform iCapital has entered a definitive agreement to acquire U.S.-based Parallel Markets, which provides reusable identity tools for…
Market Analysis
Most Viewed This Week
Featured Company
Biometrics Insight, Opinion
Digital ID In-Depth
Biometrics White Papers
