Know your customer

IrisGuard and NassWallet partner in Iraq to help UNHCR provide EyePay® service through mobile money transfer for refugees in need

Retrieved on: 
Tuesday, May 30, 2023
UNHCR, Partnership, United Nations, FCC, Smartphone, Know your customer, Android, USD, ID, GSMA, PIN, GSM, Non-governmental organization, United, Growth, City, Iris, Government, Online shopping, Mobile phone, Cryptocurrency, Refugee

LONDON and ERBIL, Iraq, May 30, 2023 /PRNewswire/ -- Today, IrisGuard and NassWallet announced a new partnership with the integration and deployment of the award-winning IrisGuard EyePay® iris enabled smartphone, EyeCloud ® platform with NassWallet's mobile wallet service.  

Key Points: 
  • Iris-enabled digital payment services expand in Iraq by integrating with NassWallet for secure and convenient usage by refugees.
  • LONDON and ERBIL, Iraq, May 30, 2023 /PRNewswire/ -- Today, IrisGuard and NassWallet announced a new partnership with the integration and deployment of the award-winning IrisGuard EyePay® iris enabled smartphone, EyeCloud ® platform with NassWallet's mobile wallet service.
  • The integration will enable a regular verified disbursement of humanitarian cash assistance, provided by the United Nations High Commissioner for Refugees ( UNHCR ) to over 280,000 refugees who have fled to Iraq due to neighbouring conflicts.
  • This growth is being driven by the increasing popularity of mobile payments in Iraq and they are expanding their operations and new locations across major cities in Iraq.

IrisGuard and NassWallet partner in Iraq to help UNHCR provide EyePay® service through mobile money transfer for refugees in need

Retrieved on: 
Tuesday, May 30, 2023
UNHCR, Partnership, United Nations, FCC, Smartphone, Know your customer, Android, USD, ID, GSMA, PIN, GSM, Non-governmental organization, United, Growth, City, Iris, Government, Online shopping, Mobile phone, Cryptocurrency, Refugee

LONDON and ERBIL, Iraq, May 30, 2023 /PRNewswire/ -- Today, IrisGuard and NassWallet announced a new partnership with the integration and deployment of the award-winning IrisGuard EyePay® iris enabled smartphone, EyeCloud ® platform with NassWallet's mobile wallet service.  

Key Points: 
  • Iris-enabled digital payment services expand in Iraq by integrating with NassWallet for secure and convenient usage by refugees.
  • LONDON and ERBIL, Iraq, May 30, 2023 /PRNewswire/ -- Today, IrisGuard and NassWallet announced a new partnership with the integration and deployment of the award-winning IrisGuard EyePay® iris enabled smartphone, EyeCloud ® platform with NassWallet's mobile wallet service.
  • The integration will enable a regular verified disbursement of humanitarian cash assistance, provided by the United Nations High Commissioner for Refugees ( UNHCR ) to over 280,000 refugees who have fled to Iraq due to neighbouring conflicts.
  • This growth is being driven by the increasing popularity of mobile payments in Iraq and they are expanding their operations and new locations across major cities in Iraq.

IDENTITY AND ACCESS MANAGEMENT (IAM) MARKET WORTH $32.6 BILLION BY 2028 - EXCLUSIVE REPORT BY MARKETSANDMARKETS™

Retrieved on: 
Tuesday, May 30, 2023
Cloud, Transmit Security, RSA Security, Health Insurance Portability and Accountability Act, SAP, RBAC, Risk, Zoho Corporation, IT security standards, PCI DSS, PCI, Organization, Ping Identity, ForgeRock, Growth, Payment Card Industry Data Security Standard, Accountability Act, Employment, SSO, Micro Focus, General Data Protection Regulation, Government, Access management, RSA, IAM, GDPR, IBM, ILM, MFA, Key (company), Intelligence, Know your customer, Consulting firm, Acceleration, Agility, HID Global, Identity management, HIPAA, Risk management, Online shopping, Asset management, Mobile phone, Microsoft, Okta, CyberArk, Identity, Salesforce, Civic, Oracle, Productivity

User accounts are created, given the appropriate rights, updated, deactivated, and destroyed through a process called user account provisioning.

Key Points: 
  • User accounts are created, given the appropriate rights, updated, deactivated, and destroyed through a process called user account provisioning.
  • When new or updated information is added to or removed from a personnel system, these identity management procedures are initiated.
  • The increase in data breaches drives enterprises to adopt centralized security solutions, boosting the demand for IAM solutions.
  • Identity and Access Management (IAM) Market Advantages:
    A strong framework for managing user identities, access rights, and permissions is offered by IAM solutions.

IDENTITY AND ACCESS MANAGEMENT (IAM) MARKET WORTH $32.6 BILLION BY 2028 - EXCLUSIVE REPORT BY MARKETSANDMARKETS™

Retrieved on: 
Tuesday, May 30, 2023
Cloud, Transmit Security, RSA Security, Health Insurance Portability and Accountability Act, SAP, RBAC, Risk, Zoho Corporation, IT security standards, PCI DSS, PCI, Organization, Ping Identity, ForgeRock, Growth, Payment Card Industry Data Security Standard, Accountability Act, Employment, SSO, Micro Focus, General Data Protection Regulation, Government, Access management, RSA, IAM, GDPR, IBM, ILM, MFA, Key (company), Intelligence, Know your customer, Consulting firm, Acceleration, Agility, HID Global, Identity management, HIPAA, Risk management, Online shopping, Asset management, Mobile phone, Microsoft, Okta, CyberArk, Identity, Salesforce, Civic, Oracle, Productivity

User accounts are created, given the appropriate rights, updated, deactivated, and destroyed through a process called user account provisioning.

Key Points: 
  • User accounts are created, given the appropriate rights, updated, deactivated, and destroyed through a process called user account provisioning.
  • When new or updated information is added to or removed from a personnel system, these identity management procedures are initiated.
  • The increase in data breaches drives enterprises to adopt centralized security solutions, boosting the demand for IAM solutions.
  • Identity and Access Management (IAM) Market Advantages:
    A strong framework for managing user identities, access rights, and permissions is offered by IAM solutions.

FullCircl named RegTech Partner of the Year at the British Bank Awards 2023

Retrieved on: 
Friday, May 12, 2023
Duedil, Fintech, Clearing bank, Know your customer, History, Partner, Computer Pioneer Award, Regulatory technology, CDD, Bank

LONDON, May 12, 2023 /PRNewswire/ -- FullCircl has won 'RegTech Partner of the Year' at the prestigious annual British Bank Awards, for its unique Customer Lifecycle Intelligence solution.

Key Points: 
  • LONDON, May 12, 2023 /PRNewswire/ -- FullCircl has won 'RegTech Partner of the Year' at the prestigious annual British Bank Awards, for its unique Customer Lifecycle Intelligence solution.
  • FullCircl were also recognised as finalists for 'The Pioneer Award', won by Clear Bank,
    RegTech is no longer a niche sector of the FinTech market.
  • It's an inescapable fact that managing compliance is an increasingly complex task, so having the right partner is a real differentiator.
  • FullCircl has a successful history at the British Bank Awards, having been recognised as RegTech Partner of the Year in both 2019 and 2020, then trading as DueDil.

FullCircl named RegTech Partner of the Year at the British Bank Awards 2023

Retrieved on: 
Friday, May 12, 2023
Duedil, Fintech, Clearing bank, Know your customer, History, Partner, Computer Pioneer Award, Regulatory technology, CDD, Bank

LONDON, May 12, 2023 /PRNewswire/ -- FullCircl has won 'RegTech Partner of the Year' at the prestigious annual British Bank Awards, for its unique Customer Lifecycle Intelligence solution.

Key Points: 
  • LONDON, May 12, 2023 /PRNewswire/ -- FullCircl has won 'RegTech Partner of the Year' at the prestigious annual British Bank Awards, for its unique Customer Lifecycle Intelligence solution.
  • FullCircl were also recognised as finalists for 'The Pioneer Award', won by Clear Bank,
    RegTech is no longer a niche sector of the FinTech market.
  • It's an inescapable fact that managing compliance is an increasingly complex task, so having the right partner is a real differentiator.
  • FullCircl has a successful history at the British Bank Awards, having been recognised as RegTech Partner of the Year in both 2019 and 2020, then trading as DueDil.

Aware Reports First Quarter 2023 Financial Results

Retrieved on: 
Tuesday, May 2, 2023
Software as a service, Partnership, Total revenue, AWRE, Know your customer, Share repurchase, EBITDA, ARR, Growth, AWS, Video game, Tourism, Cryptocurrency

BURLINGTON, Mass., May 02, 2023 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), a leading authentication company applying proven and trusted adaptive authentication to solve everyday business challenges with biometrics, today reported financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Total Revenue increased 6% Quarter-Over-Quarter to $4.3 Million; Recurring Revenue Increased 17% Quarter-Over-Quarter to $3.1 Million or 71% of Total Revenue
    BURLINGTON, Mass., May 02, 2023 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), a leading authentication company applying proven and trusted adaptive authentication to solve everyday business challenges with biometrics, today reported financial results for the first quarter ended March 31, 2023.
  • Recurring revenue for the first quarter 2023 was $3.1 million, a 17% sequential increase and a 4% year-over-year increase.
  • Aligned expectation to grow total revenue and annual recurring revenue (ARR) by at least 15% in 2023, and to achieve neutral to positive operating cash flow exiting 2023.
  • Aware management will host a webcast today, May 2, 2023, at 5:00 p.m. Eastern time to discuss these results and provide an update on business conditions.

RevoluGROUP Canada Inc. Reports It Has Negotiated a $12.47 Million Private Placement Led by European Financially Regulated HBDIG Technologies GmbH

Retrieved on: 
Wednesday, April 26, 2023
FMA, Market, TSX Venture Exchange, Memorandum of understanding, Equity, Gesellschaft mit beschränkter Haftung, AML, Acquisition, MOU, Know your customer, Money laundering, TSX, News, KYC, Security (finance)

Each unit will consist of one common share and one warrant (each, a "Warrant") exercisable to purchase one additional common share at a price of $0.40 each for a period of one (1) year from the date of issuance.

Key Points: 
  • Each unit will consist of one common share and one warrant (each, a "Warrant") exercisable to purchase one additional common share at a price of $0.40 each for a period of one (1) year from the date of issuance.
  • The private placement is subject to TSX Venture Exchange approval, and all securities are subject to a four-month-and-one-day hold period.
  • The Mutual Business Development Strategy agreement also grants HBDIG Technologies GmbH the provision of one board member.
  • The Company intends to utilize the remaining net proceeds from the private placement for general operating expenses and working capital.

Know Your Customer Celebrates Double Client Win with Volopay and Coda Payments in Singapore

Retrieved on: 
Wednesday, April 12, 2023
Partnership, KYB, SME, Riot Games, Activision Blizzard, Coda, Name, Regulatory technology, Know your customer, Growth, Environment, Automation, Online shopping, Tencent

SINGAPORE, April 11, 2023 (GLOBE NEWSWIRE) -- Leading RegTech provider Know Your Customer is proud to announce its latest strategic client wins in Singapore: Volopay and Coda Payments.

Key Points: 
  • SINGAPORE, April 11, 2023 (GLOBE NEWSWIRE) -- Leading RegTech provider Know Your Customer is proud to announce its latest strategic client wins in Singapore: Volopay and Coda Payments.
  • Volopay was founded in 2020, in Singapore, to help businesses better manage their finances to achieve their strategic growth.
  • Founded in 2011 and headquartered in Singapore, Coda Payments is one of the world’s leading providers of secure, cross-border monetisation solutions for digital products and services.
  • The event marks another significant milestone for Know Your Customer in Singapore, as it continues to drive RegTech innovation in the region.

ScottHall.co Releases Guide on Crypto Tax Software Programs for Small Businesses

Retrieved on: 
Friday, March 31, 2023
Pain, Tax, Government, Small business, Record, Software, File, KYC, Know your customer, Cryptocurrency

Digital content marketing consultancy ScottHall.co has published a new guide detailing the top five cryptocurrency tax software programs for small businesses. The report is intended to help businesses that accept cryptocurrency better understand their tax liability.

Key Points: 
  • With crypto tax software programs, small business owners can easily and quickly organize their crypto trading records to account for their taxes, freeing up more time to focus on other aspects of their business and on their day-to-day operations.
  • According to the guide, it's especially important for small businesses that trade in cryptocurrencies to understand their tax obligations because crypto exchanges increasingly require KYC ("Know Your Customer") rules.
  • The report also reviews five of the cryptocurrency tax software programs designed specifically for small business owners, focusing on the distinctive features of each software program to help users optimize their time, accommodate different blockchains and exchanges, meet specific requirements like KYC, and even legally reduce their tax burden.
  • Scott Hall, founder of ScottHall.co, says, "You can use these recommendations for the top cryptocurrency tax software for small businesses which can be a great asset for any small business owner.