Fourthline report warns of identity verification technologies causing more manual reviews
Banks and fintechs are dedicating between three and five percent of their overall compliance cost to the digital identity verification…
AML - biometrics topics
Biometric Update regularly publishes news about AML. The following set of links is available to assist you with finding biometrics news regarding AML. More tags may be perused by accessing our entire Biometrics Topics list.
IDnow reports growing UK digital identity adoption, first local channel partner
Germany-based IDnow has entered a new partnership with UK anti-fraud firm Sphonic, strengthening the company’s position in a market where…
KYC and digital ID momentum seen in award, customer wins, new products and partnerships
In an eventful week for digital ID solutions around the world, The Baltic Assembly has awarded iDenfy the Baltic Innovation…
Biometric KYC for financial services extended with FacePhi, Shufti Pro, Vouched deals
The digital identity verification and know your customer (KYC) sector continues to flourish in part due to the effects of…
First AML raises $21M for global expansion of biometric verification in Series B
New Zealand-based anti-money laundering firm First AML, which also provides biometric identity verification, has raised NZ$30 million (US$21.4 million) in…
First AML
First AML streamlines Anti-Money Laundering compliance through its online identity verification system that can be completed by individuals anywhere in…
NZ selfie biometrics startup funding, re-usable digital ID launch to growing IDV market
Biometric onboarding and identity verification providers continue to draw funding and bring new products to market, as with APLYiD in…
VerifyMe Nigeria’s VeriFind surpasses 200K address verifications for KYC, AML in 2021
VerifyMe Nigeria says it has conducted over 200,000 Tier III digital address verifications this year using its real-time digital ID…
FacePhi, Veritran launch biometric KYC tools into expanding identity verification market
The identity verification market is set to more than double over the next four years, according to a new report…
Jumio makes ‘huge orbital jump’ from biometric ID verification to orchestration
End-to-end orchestration capabilities have been added to Jumio’s KYX Platform to provide businesses with flexible digital identity management and fraud…
