Tagged: onboarding

December 3, 2023 @ 8:35 am By Tony Zerucha  |  

AU10TIX, a global technology provider of identity verification and management solutions, this week announced that its fully automated identity verification (IDV) solution has been chosen to accelerate the customer onboarding process for multi-exchange crypto trading ecosystem 3.0 Verse. The marketplace’s original identity verification process could… Read More

November 13, 2023 @ 8:07 am By Omar Faridi  |  

Wise (LSE:WISE) has reportedly been forced to place a freeze on onboarding new business clients across the United Kingdom and Europe because of “high demand” for services. This latest update comes after the Fintech firm had “deactivated” all US business cards this past week. Wise,… Read More

September 15, 2023 @ 4:30 pm By Omar Faridi  |  

A “top 60” law firm chooses Onfido to enable automated identity verification, reducing client verification time from days to minutes. Onfido, the global leader in automated identity verification, announced a partnership with Taylor Rose MW, a top 60 independent law firm, “to provide automated and… Read More

March 27, 2023 @ 9:10 am By Omar Faridi  |  

Obligate, a Zürich-based investment platform that enables companies to issue on-chain bonds and commercial paper to receive funding, recently “opened onboarding for issuers and investors.” Built on Polygon, the L2 blockchain for institutional finance, the platform “enables the management of corporate debt financing in a… Read More

February 19, 2023 @ 11:16 am By Omar Faridi  |  

In 2018, Plaid launched Plaid in Canada to enable account connectivity for thousands of fintechs and help increase financial access for millions of Canadians. Since then, they’ve worked with companies like Wealthsimple, Shopify, and Wave. But onboarding a new user is more than “just account… Read More

November 25, 2022 @ 8:21 am By Omar Faridi  |  

The European Banking Authority (EBA) recently published its final Guidelines on the use of remote customer onboarding solutions. These Guidelines “set out the steps credit and financial institutions should take to ensure safe and effective remote customer onboarding practices in line with applicable anti-money laundering… Read More

October 26, 2022 @ 11:07 pm By Omar Faridi  |  

Refinitiv, an LSEG business, announced the launch of a secure, personalized, and seamless global digital onboarding solution to help firms enhance their approach to onboarding clients. The recent shift towards online commercial activity has led to an increase in digital and contactless payments, forcing companies… 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 5, 2022 @ 11:32 pm By Omar Faridi  |  

ABN AMRO is introducing ID & pay, the app that “replaces cumbersome onboarding and payment processes with a single online identification and payment functionality within the bank’s own secure environment.” In a pilot partnership, the bank and Swapfiets are “working together to offer new and… Read More

August 27, 2022 @ 3:05 pm By Omar Faridi  |  

ViewTrade, the “force” that powers Fintech, has enhanced its customer onboarding service with three new modules designed “to help its clients onboard retail financial customers more efficiently and with greater security.” With the enhancements, clients can “activate any of the new modules and make them… Read More

July 31, 2022 @ 6:25 pm By Omar Faridi  |  

Jumio, which claims to be the leading provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, recently announced the “highest sales” of any quarter in the history of the company, “fueled by an ongoing need for modern enterprises across all industries and geographies to… Read More

November 26, 2021 @ 11:14 am By Tony Zerucha  |  

BNP Paribas has partnered with SIA, a European payment tech company, to support the launch of co-branded cards with major commercial partners in France and other European countries. SIA’s technology infrastructure will process digital and physical co-branded cards issued by BNP Paribas. The SIA platform… Read More

September 30, 2021 @ 8:14 pm By Tony Zerucha  |  

While it’s taken a while for B2B technology to reach the levels of responsiveness common to their B2C brethren, the gap is indeed narrowing, CEO Brandon Spear of B2B payments company TreviPay said. B2B has always lagged behind B2C for the simple reason – building… Read More

July 14, 2021 @ 7:58 pm By Tony Zerucha  |  

Banks still have a long way to go in the quest to automate identity verification, research from biometric authentication services provider iProov shows. Research conducted with 20 or the largest retail US banks revealed overly complicated online onboarding processes which failed to capitalize on opportunities… Read More

July 13, 2021 @ 3:03 pm By Tony Zerucha  |  

Digital asset marketplace Binance.US is adding mobile phone-based technology to its user verification and onboarding processes. The multi-year agreement is with Prove a company offering technology that proves identity with a phone number. Through its trademarked process Phone-Centric Identity Prove analyzes mobile, telecom, and other… Read More

April 12, 2021 @ 8:11 am By Samantha Hurst  |  

    Thirdfort, a UK-based Legaltech startup, announced on Monday it secured £1.5 million through its latest investment round. The funds come just a little over six months after Thirdford raised £1 million. As previously reported, Thirdfort stated it is enabling solicitors and licensed conveyancers to… Read More

July 29, 2020 @ 10:16 am By Samantha Hurst  |  

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, has formed a partnership with global identity verification provider, Onfido, to speed up, simplify, and unify its Digital Identity and Know Your Customer (KYC) processes. “By integrating… Read More

March 4, 2020 @ 1:05 am By Omar Faridi  |  

Netherlands-headquartered Backbase, a digital banking software developer, has introduced its Onboarding and Origination platform, which has been designed to reduce client onboarding times by as much as 80% while enhancing operational efficiencies by 30%. Backbase’s solution works well for retail clients, small and medium-sized enterprises… Read More

January 20, 2020 @ 10:32 pm By Omar Faridi  |  

NYMBUS recently revealed that PeoplesBank has chosen NYMBUS SmartMarketing and SmartOnboarding to unify important parts of the Massachusetts-headquartered institution’s onboarding, marketing, and customer-relationship management (CRM). NYMBUS’ SmartMarketing and SmartOnboarding will help with lead generation, personalized mobile-based and digital campaigns, onboarding new staff members, managing data-driven,… Read More

August 20, 2019 @ 8:59 am By Samantha Hurst  |  

BBVA announced on Tuesday it is set to offer digital customer onboarding everywhere it operates by the end of this year. According to the banking group, this digital onboarding process is based on biometric identification technologies, which is already available in Spain, will now reach other… Read More