know your customer

Mastercard: Building Trust Into the Blockchain Unlocks Its Cross-Border Potential
Mastercard: Building Trust Into the Blockchain Unlocks Its Cross-Border Potential
November 08, 2024  |  Blockchain

Until recently, blockchain’s potential impact within payments and commerce has been, well, somewhat blocked. But increasingly, financial service giants are turning their attention to unlocking...

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Secure or Be Scammed: Business Identity Innovations Drive Ecosystem Growth
Secure or Be Scammed: Business Identity Innovations Drive Ecosystem Growth
September 25, 2024  |  Authentication

How well do you know the organizations your business transacts with? And how well do they know your business? As the digital transformation accelerates, and...

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Thredd SVP Says FinTechs Need a Gut Check as They Safeguard Money Movement  
Thredd SVP Says FinTechs Need a Gut Check as They Safeguard Money Movement  
August 20, 2024  |  Regulation

As the regulatory gaze sharpens on FinTechs, the companies themselves are mindful that they need new tools and a new approach to operations, in order...

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Axle Automation Raises $2.5 Million to Grow AI-Powered AML/KYC Solutions
Axle Automation Raises $2.5 Million to Grow AI-Powered AML/KYC Solutions
August 05, 2024  |  Investments

Axle Automation raised $2.5 million in a seed funding round to grow its artificial intelligence (AI)-powered anti-money laundering and know your customer (AML/KYC) solutions. The...

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Niva Raises $3.3 Million for AI-Powered Business ID Solution
Niva Raises $3.3 Million for AI-Powered Business ID Solution
July 08, 2024  |  Investments

Business identity platform Niva has launched after raising $3.3 million for its verification solution, according to a Monday (July 8) news release. Verifying the identities of small and...

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FiVerity Unveils Risk Management and Fraud Prevention Platform
FiVerity Unveils Risk Management and Fraud Prevention Platform
June 25, 2024  |  Fraud Prevention

Identity verification and fraud prevention firm FiVerity is launching its Identity Trust Management platform. The platform integrates features such as enhanced know your customer (KYC)...

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Nonbanks, Systemic Risks Highlight Need for ‘Know Your Business’ Due Diligence
Nonbanks, Systemic Risks Highlight Need for ‘Know Your Business’ Due Diligence
June 20, 2024  |  Authentication

For banks, forging partnerships with nonbanks and FinTechs has been a key way to capitalize on growth opportunities in private credit. But the increasing connectedness...

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Verification Innovations Help Boost Compliance and Fraud Prevention
Verification Innovations Help Boost Compliance and Fraud Prevention
June 07, 2024  |  Authentication

It’s been a busy few weeks in the realm of identity verification. Fraudsters are wily, it’s true — leveraging technology, particularly AI, and stolen data,...

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Treasury Prime and Footprint Team on ID Verification
Treasury Prime and Footprint Team on ID Verification
May 28, 2024  |  Identity

Embedded banking software firm Treasury Prime has teamed with fraud, identity and security platform Footprint. The partnership, announced Tuesday (May 28), gives banks and their...

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