Onboarding Verification

Spektr, a pioneering company in the compliance technology sector, has officially emerged from stealth mode, heralding a new era in ongoing due diligence.

In the fast-evolving landscape of financial regulation, the significance of stringent recordkeeping cannot be overstated. Recent enforcement actions by the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have underscored this, with fines exceeding $1.5bn handed down to Wall Street firms for recordkeeping violations.

EQ Bank, a leader in digital banking, has forged a strategic partnership with Trulioo, an industry-leading identity verification platform.

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 competitive landscape of banking, customer onboarding emerges as a pivotal phase, with customer due diligence standing at its core. When managed poorly, the onboarding process can deter potential clients, causing banks to miss out on new revenue streams. Conversely, hasty or inaccurate due diligence could lead to the acquisition of customers who pose commercial and reputational risks, potentially incurring hefty regulatory fines.

SDK.finance, a distinguished FinTech solutions provider, has proudly announced its integration with ComplyAdvantage, the forefront leader in financial crime intelligence. This partnership signifies a transformative...

Centralis Group, a prominent alternative asset and corporate services provider based in Luxembourg, and Fenergo, the leading innovator in digital Client Lifecycle Management (CLM), Know Your Customer (KYC), and transaction monitoring solutions, have recently announced a pivotal partnership.

Online trading platform, Tiger Brokers UK has embarked on a transformative partnership with TrueLayer, Europe's leading open banking payments network.

Digital Onboarding, a pioneering SaaS company known for enhancing customer relations for over 100 financial institutions, has successfully closed a significant funding round. The...

In the latest episode of the Fenergo FinTalks podcast, host Dhanum Nursigadoo engages in a thought-provoking conversation with Rory Doyle, Fenergo’s Head of Financial Crime Policy. The focus of this discussion is on a key term in AML compliance: perpetual KYC (pKYC).