KYB

Enigma Debuts KYB Platform as Banks Face More Scrutiny
Enigma Debuts KYB Platform as Banks Face More Scrutiny
October 03, 2023  |  Authentication

Data science company Enigma has debuted its know your business (KYB) platform. The new product, announced Tuesday (Oct. 3), is designed to allow users to conduct KYB...

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Fed Scrutiny of Regional Banks Highlights Importance of KYB, FinTech Partnerships 
Fed Scrutiny of Regional Banks Highlights Importance of KYB, FinTech Partnerships 
September 01, 2023  |  Bank Regulation

The increased scrutiny of regional banks — and a boost in capital requirements — may drive them towards FinTech partnerships to shore up compliance and...

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Banks Need Data Providers to Grapple With the Changes in KYB Compliance
Banks Need Data Providers to Grapple With the Changes in KYB Compliance
August 15, 2023  |  Bank Regulation

Charles Zhu, vice president of product at Enigma, said “know your business” (KYB) mandates can be onerous on financial institutions (FIs) building an in-house compliance...

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Inscribe Raises $25M to Expand Fraud Detection Capabilities
Inscribe Raises $25M to Expand Fraud Detection Capabilities
January 25, 2023  |  Security & Fraud

Inscribe has raised $25 million to expand its fraud detection capabilities and introduce risk intelligence tools. The new Series B capital brings the firm’s total...

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EU FinTechs Target Industry-Specific B2B Security Concerns
EU FinTechs Target Industry-Specific B2B Security Concerns
December 11, 2022  |  Security & Fraud

Depending on the industry, business-to-business (B2B) payments require different security measures to safeguard their systems. And with fraud remaining a top concern for B2B firms, ...

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How Automated Authentication Helps Propel SMB Loan Disbursements
How Automated Authentication Helps Propel SMB Loan Disbursements
July 06, 2020  |  Disbursements

The economic realities of COVID-19 have many small- to medium-sized businesses (SMBs) turning to lenders to keep their heads above water, but paper-based processes can...

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How FinTech Apps Can Ace Security
How FinTech Apps Can Ace Security
September 10, 2019  |  AML

Businesses that fail to comply with anti-money laundering (AML) and know your customer (KYC) regulations risk major regulator fines and irreparable damage to customer relationships...

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FinTech Firms Combine KYB With KYC For Identity Verification
FinTech Firms Combine KYB With KYC For Identity Verification
January 30, 2019  |  Startup Check-In

With the fifth European Union (EU) Anti-Money Laundering Directive (AMLD 5) coming into force and raising a concern over the fourth AMLD, beneficial ownership is becoming front-and-center for...

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