Identification/Background checks

Encompass Corporation, a pioneering force in the creation of real-time digital Know Your Customer (KYC) profiles for global banks, has recently appointed Neil Acworth...

Signicat, renowned as Europe's top digital identity solutions provider, has officially announced its acquisition of SmartWorks, a leader in digital identity and fraud prevention services in Iceland.

The Inland Revenue Authority of Singapore (IRAS) has released the third edition of the Common Reporting Standard (CRS) e-Tax Guide on January 12, 2024. The guide is instrumental for Singaporean Financial Institutions (SGFIs), outlining the nation's adoption of CRS, and providing crucial guidance on compliance obligations under the CRS framework.

In the intricate world of FinTech, the geopolitical landscape plays a pivotal role in shaping compliance and regulatory frameworks. The aftermath of the Russian invasion of Ukraine in February 2022 has dramatically altered the sanctions regime, presenting unprecedented challenges for financial institutions (FIs). This seismic shift, marked by a surge in sanctions against various entities and individuals, underscores the necessity for FIs to adapt swiftly to remain compliant.

KONA I, a leader in smart card and technology platforms, has teamed up with IDEX Biometrics to bring a biometric smart card to Japan.  The...

Entrust, a global pioneer in trusted payments, identities, and data protection, is in exclusive discussions to acquire Onfido, a leading provider of cloud-based, AI-powered identity verification (IDV) technology.

Plumery, a pioneering force in mobile and digital banking technology has partnered with Sumsub, a globally recognized full-cycle verification platform. 

Incognia, a pioneering force in the realm of location identity solutions, has successfully concluded a $31m Series B financing round.

Silverfort, a trailblazer in the identity protection sector, has recently celebrated a significant financial milestone, securing a substantial $116m in Series D funding.

Onfido, a global pioneer in automated identity verification, has launched the Compliance Suite to address the pressing need for a unified identity verification solution. This...