Netherlands-based Hyarchis, an AI-powered document management solution, has acquired DAPAS, which helps accountants automate their compliance processes.
Adverse media is becoming increasingly important to compliance processes. With so much to check, Sigma Ratings has posed the question of whether Google search strings can make things easier.
After noticing the pitfalls of traditional onboarding, Know Your Customer set out to transform the KYC and KYB process to one that was more efficient, provided a better user experience and delivered more robust compliance.
Goji, which offers investors with access to alternative investments, has partnered with Apex Group to enable clients to manage all stages of the investor lifecycle.
UBS has partnered with identity verification and forensic solutions developer Regula to create a ‘new experience’ for opening accounts and accessing banking products.
Digital images and selfies have been a staple for online verification for many years. However, Electronic IDentification has warned that they are no longer KYC/AML compliant.
The majority of organisations see the digital sophistication of their KYC approach as mediocre or poor, according to new research from Moody’s Analytics.
Sila, a developer of payment infrastructure as a service, and open finance provider MX have launched tokenized integration for bank account verification.
Sigma Ratings, a developer of automated relationship risk management, has released its ongoing KYB and KYC monitoring solution.
Digital access platform Mitek has released MiPass, a passwordless identity authentication solution to streamline access to digital accounts.