Business opportunities presented by AML5 are so substantial, financial institutions will adopt the standard significantly before the deadline, according to Iván Nabalón, CEO at ElectronicID.
Half of consumers in Hong Kong are happy to let third-parties access their financial data so they can access more personalised banking services and higher returns, according to a study from Accenture.
Fiserv has acquired and merged with First Data Corporation to create a payments and financial technology provider.
UK-based AccessPay has bagged £9m in a funding round, as the company looks to expands its team.
encompass, an automated KYC solution developer, has formed a strategic partnership with Bisnode to support customer onboarding of financial institutions in the Nordics.
Identity verification platform CheckpointID has secured $1.5m in its Series A round and will help to expand its team.
Global private equity house TA Associates has made financial industry software developer List its latest investment. The company provides ‘mission-critical’ trading and compliance software and infrastructure...
Marlin Equity Partners has agreed the rapid exit of cloud-based cybersecurity business AppRiver in a $275m sale to Zix Corp.
Identity management startup Authenteq has held a $5m first close for its Series A, with plans to hold a second close in coming weeks.
Sonrai Security, an end-to-end data security and compliance platform, has raised $18m in its Series A round.