VC, Alphabet fund development of AML products
Internal and external investment in digital identity-based, crime-curbing AI continues. Venture fund Notion Capital has put $11 million into fintech…
SmartSearch
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Biometrics providers extend reach as AML market forecast to reach $3.5B in 4 years
Growth in the global anti-money laundering (AML) software solution market will be “vibrant” through 2027, according to market analysis firm…
Global push to strengthen ID verification with selfie biometrics gains momentum
Selfie biometrics are being mandated for financial institutions in another jurisdiction, while SmartSearch has announced a new version of its…
New CEO for SmartSearch, biometrics veteran to Paravision among leadership appointments
Anti-money laundering (AML) software provider SmartSearch has a new Chief Executive Officer, appointing Guy Harrison to drive the company’s strategic plan…
UK firms do a lot of manual authentication. Is there a better practice?
Eyeballing documents for forgeries is still a surprisingly common practice given the resources at forgers’ disposal. Even moreso as digital…
Why digital onboarding is the future
By John Dobson CEO, SmartSearch It has become a cliche at this point to say that the pandemic has changed…
Vouched secures $4.5M for selfie biometrics in hot remote onboarding market
Steadily rising demand for remote onboarding and compliance with know your customer and anti money-laundering regulations has led to a…
Private sector advances digital identity for fraud prevention while governments struggle
SmartSearch has launched a new solution for digital identity verification in the U.S., while Nok Nok Labs and ForgeRock are…
Stakeholders split on digital ID benefits as selfie biometrics deployed for financial crime prevention
Most stakeholders see digital ID as a potentially helpful innovation for fighting financial crime, but they are split on whether…
Selfie biometrics continue rapid rise with increasing availability, Onfido and Yoti customer wins
Several new partnerships and solutions based on biometric identity checks from mobile devices have been announced. Onfido has signing a…
