Tagged: regulatory technology

August 11, 2025 @ 8:22 am By Omar Faridi  |  

Communications surveillance plays a critical role in ensuring firms detect and prevent market abuse, insider trading, and other forms of misconduct. A recent update from Regtech SteelEye, a compliance technology and data analytics firm, delves into the fundamentals of building an effective lexicon-based communications surveillance… Read More

August 5, 2025 @ 1:00 am By Omar Faridi  |  

The Comisión Nacional del Mercado de Valores (CNMV), Spain’s financial markets regulator, has recently updated its record-keeping requirements, introducing stricter guidelines to enhance transparency, accountability, and compliance in the financial sector. These changes, outlined in the CNMV’s latest announcement and explained in a blog post… Read More

July 30, 2025 @ 12:18 am By Omar Faridi  |  

Sumsub completed the Malaysia e-KYC assessment, confirming that its digital identity verification technology meets the standards set by Bank Negara Malaysia (BNM). The independent evaluation was conducted by Deloitte and “covered Sumsub’s ID verification, liveness detection, and facial recognition modules.” The report validated Sumsub solutions’… Read More

July 10, 2025 @ 6:48 pm By Omar Faridi  |  

Sumsub joined hands with DKM ECO, a data services provider in the Asia-Pacific region, to stage an APAC Roadshow “Comply to fortify 2.0” in Hong Kong to share with businesses on how innovative solutions can address their most pressing compliance challenges. This initiative forms part… Read More

June 28, 2025 @ 4:28 pm By Omar Faridi  |  

Regtech Sumsub has partnered with Data Zoo, a global provider of authoritative business and customer identity verification data, to support financial institutions worldwide with their compliance processes. Sumsub and Data Zoo will collaborate in “multiple markets, offering Sumsub’s full compliance suite of verification and anti-fraud… Read More

June 19, 2025 @ 3:57 pm By Omar Faridi  |  

Jumio, the enabler of AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights, announced general availability of Jumio Liveness Premium with deepfake detection, the company’s biometric liveness detection solution to date. Regtech Jumio’s solution leverages a patented Jumio technology, combining randomized color sequences… Read More

June 14, 2025 @ 4:16 pm By Omar Faridi  |  

In an era where data is both a valuable asset and a regulatory minefield, two recent developments highlight the evolving challenges and opportunities for businesses managing digital communications and archives. SteelEye, a firm specializing in compliance technology, has shed light on critical updates regarding link-sharing… Read More

June 10, 2025 @ 9:31 pm By Omar Faridi  |  

Sumsub announces a major AI-powered update to its Case Management solution—a ready-to-use, cross-functional hub for financial crime investigations designed to streamline fragmented risk operations. Built with direct input from fincrime teams and Sumsub clients, the new release “introduces AI-driven tools and intelligent automation to help investigators… Read More

May 20, 2025 @ 12:44 pm By Omar Faridi  |  

U.S. Bank Global Fund Services (GFS) announced it has engaged Fenergo, a firm focused on client lifecycle management technology, to digitize and streamline the investor onboarding and service experience. According to the update from Regtech firm Fenergo, this is said to be the first step… Read More

May 20, 2025 @ 9:43 am By Omar Faridi  |  

Veratad Technologies, a global enabler of identity verification, age verification, fraud prevention, and compliance solutions, is pleased to announce the completion of its SOC 2 Type 2 examination. This milestone reinforces Veratad’s dedication “to earning and maintaining the trust of its global clients through rigorous… Read More

March 19, 2025 @ 1:53 am By Omar Faridi  |  

On March 14, 2025, Regtech Sumsub, a firm specializing in identity verification and anti-fraud solutions, issued a statement regarding a security incident involving Merkur AG, a prominent German company. At Sumsub, they claim that security is their top priority, and they take all reports of… Read More

January 2, 2025 @ 8:39 pm By Omar Faridi  |  

Identity verification APIs play a vital role in integrating applications in a way that establishes security, improves compliance, and streamlines user onboarding. This, according to an update from Prove. Prove explained that these tools are necessary for creating trustworthy digital ecosystems, as they address everything… Read More

December 27, 2024 @ 3:28 pm By Omar Faridi  |  

As the year 2024 comes to a close, it’s wise for financial institutions and Regtech (regulatory technology) providers to pause and assess the evolving sanctions landscape, particularly with the U.S. preparing to transition to a new administration in 2025. This, according to an update from… Read More

November 7, 2024 @ 5:56 pm By Omar Faridi  |  

Jumio’s identity verification solutions helping global social media company streamline KYC, improve conversions and meet regulatory requirements Jumio, the provider of automated, AI-driven identity verification, risk signals and compliance solutions, announced its partnership with Riley Cillian to streamline eKYC for the social media platform’s video… Read More

November 3, 2024 @ 6:17 pm By Omar Faridi  |  

Trulioo, an identity platform with worldwide coverage for person and business verification, announced its instant results capability helped an enterprise organization increase verification speed by 56%. Trulioo claims in its latest update that instant results has reduced the organization’s average onboarding time by “two seconds… Read More

October 7, 2024 @ 9:09 am By Omar Faridi  |  

Starling Bank‘s recent £29 million fine shows the true cost of “cutting corners” on digital ID verification, according to Regtech and Fintech industry professionals. As reported just last week, this past Wednesday 2nd October, the UK’s challenger bank Starling had been fined nearly £30 million… Read More

September 19, 2024 @ 8:58 am By Omar Faridi  |  

Sumsub announces the integration of its Travel Rule solution with the Sygna Travel Rule protocol to allow its crypto and fintech clients to communicate with the Virtual Asset Service Providers (VASPs) in the Sygna ecosystem, particularly with those in Japan and Taiwan. The added protocol… Read More

September 9, 2024 @ 10:01 pm By Omar Faridi  |  

Sumsub has announced that Local Data Processing (LDP) capabilities are now available in the Asia-Pacific (APAC) region, specifically in Singapore, Hong Kong, Indonesia, and the Philippines. This infrastructure reaffirms Sumsub’s dedication to “ensuring data privacy and regional compliance, following the successful launch in the MEA… Read More

September 7, 2024 @ 10:33 am By Omar Faridi  |  

Grath, a global platform for financial services and regulatory compliance technology, is expanding its presence into the Middle East with the opening of a new office in the prestigious Dubai International Finance Centre (DIFC). This expansion is said to mark a significant milestone in Grath’s… Read More

May 15, 2024 @ 2:30 pm By Omar Faridi  |  

Trulioo, an identity platform with proven global coverage for person and business verification, announced the appointment of David Liu as senior vice president of fraud & risk. Liu will lead the Fraud & Risk team at Trulioo with “the charge of cementing the company’s position… Read More