Regtech & Legaltech

October 25, 2022 @ 10:07 pm By Omar Faridi  |  

An average person “has more than 100 passwords to manage, often making it difficult and frustrating to complete even the simplest online transactions.” Enter MiPass from Mitek (NASDAQ: MITK), a passwordless identity authentication solution that “allows a person to access digital accounts effortlessly and securely using… Read More

October 21, 2022 @ 8:24 am By Omar Faridi  |  

authID (Nasdaq: AUID), a provider of secure authentication solutions, announced the launch of Verified 3.0, its next-gen platform that “delivers Human Factor Authentication (HFA).” authID’s Verified platform binds strong, “unphishable”, passwordless authentication “with biometric identity, which offers our customers a streamlined path to zero trust… Read More

October 19, 2022 @ 5:04 pm By Omar Faridi  |  

Trulioo, a global identity verification company, has updated its coverage across Latin America, “expanding access to the Dominican Republic and Uruguay and significantly strengthening data sources in Colombia and Mexico.” Those additions “bolster the company’s ability to serve customers streamlining operations in Latin America or… Read More

October 17, 2022 @ 10:57 pm By Omar Faridi  |  

Financial institutions are spending millions of dollars every year inefficiently onboarding and maintaining clients, according to research from Fenergo, the provider of Know Your Customer (KYC) and Client Lifecycle Management (CLM) software solutions for financial institutions. A global study of over 1,000 C-level executives across… Read More

October 14, 2022 @ 6:25 pm By Omar Faridi  |  

Forter, the Trust Platform for digital commerce, announced the launch of Smart Claims, a new product offering designed “to help businesses manage chargebacks more effectively.” By connecting order and claims data across different payment systems into a single, consolidated view, Smart Claims “enables merchants to… Read More

October 12, 2022 @ 9:01 pm By Omar Faridi  |  

Resistant AI, the AI and machine learning financial crime prevention specialists, and ComplyAdvantage, which claims to be one of the financial industry’s leading sources of AI-driven financial crime risk data and detection technology, announced “the general availability of their solution for fighting financial crime across… Read More

October 11, 2022 @ 9:25 pm By Omar Faridi  |  

The volume, velocity and complexity of today’s sanctions screening landscape require “extraordinary” vigilance, backed by analytics and data orchestration that “empower always-on monitoring and immediate action.” To meet these modern-day thresholds, Paris-based Orange Bank teamed with SAS and Neterium “to achieve real-time sanctions screening in… Read More

October 11, 2022 @ 12:17 am By Omar Faridi  |  

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security recently announced that it has developed a new Crypto Threat Detection System (CTDS) that handles Suspicious Transaction Reporting (STR) and Counterfeit Currency Reporting… Read More

October 10, 2022 @ 4:03 pm By Omar Faridi  |  

Chainalysis, the blockchain data platform, announced that it has joined the National Cyber-Forensics and Training Alliance (NCFTA), a nonprofit corporation focused on “identifying, validating, mitigating, and neutralizing cyber-crime threats.” Chainalysis’ data platform “equips the alliance with the same investigative tools that have been used to… Read More

October 9, 2022 @ 4:36 pm By Omar Faridi  |  

Sumsub, a global tech company providing anti-fraud and compliance solutions, announces the launch of “one click-KYC.” These services from Sumsub are available for users in India, Brazil, Nigeria and Indonesia. The new solution will “allow businesses to instantly onboard over 2 billion users without requesting… Read More

October 5, 2022 @ 9:47 am By JD Alois  |  

June 2021 Promotion by Kardashian has the potential of being viewed by 328 million followers in what many think may have been the “financial promotion with the single biggest audience reach in history.” There has been plenty of chatter about the US Securities and Exchange… Read More

October 3, 2022 @ 11:17 pm By Omar Faridi  |  

Regtech Coinfirm has been integrated into Shyft Network’s Veriscope, a Travel Rule product. Shyft Network is “a public protocol designed to power data discoverability and compliance into blockchain while preserving privacy and sovereignty.” Facilitating the transfer of verifiable data between centralized and decentralized ecosystems, Shyft… Read More

September 28, 2022 @ 1:26 pm By Omar Faridi  |  

Trulioo, a global identity verification company, has expanded to Singapore in response to growing customer demand in the Asia-Pacific (APAC) region. The move allows Trulioo “to directly serve its extensive and expanding enterprise-level APAC customer base.” Steve Munford, CEO of Trulioo, said: “As businesses in… Read More

September 23, 2022 @ 10:59 am By Omar Faridi  |  

Onfido, the global digital identity verification and authentication provider, unveiled Motion, a next generation biometric liveness solution “to enhance its Real Identity Platform, launched in May.” Motion aims to “deliver seamless, secure, and inclusive customer verification and is iBeta Level 2 certified.” With a simple… Read More

September 21, 2022 @ 8:27 am By Omar Faridi  |  

As a provider of fraud, compliance, and instant settlement solutions, Sardine announced a $51.5 million Series B funding round in order “to accelerate product development as well as marketing and sales across the globe.” Andreessen Horowitz’s Growth Fund led the investment round with participation from… Read More

September 20, 2022 @ 10:25 am By JD Alois  |  

Prime Trust, a longtime bulwark in the securities crowdfunding sector that has moved decisively into the digital asset industry, is exiting its Fund America business – an operation that started during the early days of crowdfunding in the US. The decision has been made due… Read More

September 20, 2022 @ 7:51 am By Omar Faridi  |  

OneSpan (NASDAQ: OSPN), the digital agreements security company, announced the general availability of its secure Virtual Room cloud service which “enables organizations to deliver live, high-touch assistance to their customers in a high-assurance virtual environment.” This next-generation customer engagement solution “gives organizations the ability to balance… Read More

September 19, 2022 @ 9:27 pm By Omar Faridi  |  

Jumio, the provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, announced that it has successfully “achieved SOC2 Type 2 certification for its Jumio KYX platform, with zero exceptions listed in the examination conducted by Moss Adams.” SOC2 is “an American Institute of CPAs… Read More

September 18, 2022 @ 6:37 pm By Omar Faridi  |  

IDnow, a European identity proofing platform provider, is pleased to announce its participation in the International Air Transport Association’s (IATA) Accelerate@IATA 2022 accelerator program. IDnow is working with IATA and its members, “providing expertise and regulatory know-how in the field of identity proofing and digital… Read More

September 16, 2022 @ 7:33 am By Omar Faridi  |  

Berlin-headquartered compliance firm heyData announced the closing of a €3.3 million seed round. The investment round has been led by Ten VC along with contributions from existing investors Patrice Deckert, Stefan Tietze, and investors Martin Ostermayer and Dirk Freise and Picea Capital, among several others…. Read More