know your customer

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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Intellicheck CEO: Identity Validation Needs Simplicity as Account Takeovers Spike
Intellicheck CEO: Identity Validation Needs Simplicity as Account Takeovers Spike
May 21, 2024  |  Identity

Staying one step ahead of the bad guys is becoming more difficult by the day for financial services companies. For example, identity verification is a...

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Exclusive: Markaaz Introduces Global Business Identity Platform
Exclusive: Markaaz Introduces Global Business Identity Platform
May 06, 2024  |  Monday Meetup

A new global business identity platform is on the scene, enabling banks, FinTechs and enterprises to verify and onboard businesses of all sizes, particularly smaller...

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Banks Need ‘Change Management Checklist’ in Battle Against Fraud
Banks Need ‘Change Management Checklist’ in Battle Against Fraud
April 26, 2024  |  Fraud Prevention

Artificial intelligence (AI) holds the promise to transform all manner of industries — helping banks, in particular, improve their anti-money laundering (AML) efforts. But as...

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Banking-as-a-Service 2.0 Helps Senders Monetize Instant Payments Ecosystems
Banking-as-a-Service 2.0 Helps Senders Monetize Instant Payments Ecosystems
March 12, 2024  |  Digital Banking

The evolution of money movement, and of banking, are intrinsically linked. That’s why, as money became digitized and embedded, so too did banking, via the...

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Socure and Trustly Partner on Pay-by-Bank Solution With Streamlined Onboarding
Socure and Trustly Partner on Pay-by-Bank Solution With Streamlined Onboarding
February 29, 2024  |  Payments Innovation

Socure and Trustly have partnered to offer merchants a pay-by-bank solution that includes a streamlined customer onboarding process and guaranteed fast payments. The solution designed for all merchants...

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AU10TIX Adds KYB to Identity Verification Offerings
AU10TIX Adds KYB to Identity Verification Offerings
February 27, 2024  |  Identity

Israeli identity verification firm AU10TIX has launched a know-your-business (KYB) solution. “Increasingly rigorous regulatory demands are forcing businesses across all sectors to collect and analyze more data about the...

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