Friday, October 20, 2017

KYC Registry aligns with Wolfsberg DDQ

Swift is aligning its KYC Registry with the new Wolfsberg Due Diligence Questionnaire (DDQ) for correspondent banks. First issued in 2004, Read more:

SecurityScorecard nets $27.5m in Series C led by Nokia Growth Partners

Risk and compliance solution SecurityScorecard has netted $27.5m in its Series C funding round led by Nokia Growth Partners. Read more:

Pega adds facial recognition to KYC, client lifecycle management

The new capability, powered by technology from Electronic IDentification, enables insurers and financial institutions to legally and securely Read more:

The MiFID II waiting game

We are now well into October and market participants are still waiting patiently for ESMA to provide details of instrument data for MiFID II. Read more:

Can RegTech and CLM save the customer experience?

Increased regulatory burden is hampering smooth and timely onboarding of customers, as banks struggle with technology implementation and budge, Read more:

Canada National Bank joins SecureKey digital identity network

At the beginning of the year, SecureKey announced that it had won an $800,000 grant from the US Department of Homeland Security, Read more:

Chatbot Bank Tellers joining workforce, soon in RegTech

DBS Bank has been recognised as the Bank of the Year, Asia by The Banker, a member of the Financia Read more:

Illuminate continues RegTech push by backing TransFICC

Illuminate Financial has completed its second RegTech deal in as many months by backing UK-based startup TransFICC. Read more:

Identity verification platform Alloy nabs £3.8m seed

Identity verification platform Alloy has pulled in £3.8m in its seed funding round led by Eniac Ventures. Read more:

KYC solution platform norbloc $1.6m round led by Marathon Venture Capital

KYC solution provider norbloc has closed a $1.6m seed round led by Greece-base Marathon Venture Capital. Read more: