Know your customer

Know Your Customer and CRIF announce strategic investment and global commercial partnership

Retrieved on:

Tuesday, August 31, 2021

HONG KONG, DUBLIN & BOLOGNA, Italy, Aug. 31, 2021 /PRNewswire-PRWeb/ -- Leading banking credit information provider CRIF today announced a global commercial partnership with award-winning RegTech company Know Your Customer underpinned by a strategic financial investment into the firm.

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HONG KONG, DUBLIN & BOLOGNA, Italy, Aug. 31, 2021 /PRNewswire-PRWeb/ -- Leading banking credit information provider CRIF today announced a global commercial partnership with award-winning RegTech company Know Your Customer underpinned by a strategic financial investment into the firm.
The partnership will enable Know Your Customer to leverage CRIF's long-established and extensive customer network across 40 countries and 10,500 financial institutions to accelerate growth in new and existing global markets.
Claus Christensen, CEO & Co-Founder of Know Your Customer, commented:
"This new partnership and investment represent a tremendous achievement as well as an essential foundation for the next phase in Know Your Customer's global expansion.
Zelig acted as exclusive strategic and financial advisor to Know Your Customer on the investment by CRIF.

NextPlay Technologies Enters into Agreement to Acquire Crypto Technology from Token IQ to Enhance Fintech and ICO Portal Offerings

Retrieved on:

Wednesday, August 25, 2021

Mark Vange, CTO of NextPlay and founder and CEO of Token IQ, stated, "Token IQ was built upon the early recognition that many digital assets may in the future be treated as securities.

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Mark Vange, CTO of NextPlay and founder and CEO of Token IQ, stated, "Token IQ was built upon the early recognition that many digital assets may in the future be treated as securities.
I'm excited that we can now make Token IQ part of NextPlay, given the many synergies that have developed around digital asset management across NextPlay's ecosystem."
According to NextPlay co-Chairman, J. Todd Bonner: "We see Token IQ technology becoming core to all our fintech-related activities, from Longroot's cryptocurrency portal and HotPlay's in-game tokens, to powering our NextBank fintech and planned NextTrip medical tourism offerings.
The acquisition of Token IQ is subject to certain closing conditions, including the approval of NextPlay's shareholders.

Spring Labs Addresses Major Blockchain Regulatory Hurdle by Bringing Know Your Customer Tools and Credit Information to the DeFi/Blockchain Ecosystem

Cryptocurrencies, Articles, Technology, Science and technology, Blockchain, Decentralized finance, Smart contract, Know your customer, KYC, Block chain

With the introduction of this service, a major emerging hurdle for global regulators and financial institutions will be addressed namely bringing identity and Know Your Customer (KYC) data on to the blockchain.

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With the introduction of this service, a major emerging hurdle for global regulators and financial institutions will be addressed namely bringing identity and Know Your Customer (KYC) data on to the blockchain.
By bringing identity and Know Your Customer (KYC) data onto the blockchain, Spring Labs new Ky0x service provides a low-friction mechanism for resolving participants identity on-chain in a way that can be accessed by smart contracts, while preserving investor/consumer privacy.
Making off-chain history an on-chain consumable represents a major leap forward for the blockchain/DeFi ecosystem, said John Sun, CEO, Spring Labs.
Spring Labs creates and oversees anonymous, decentralized data networks that vastly increase the amount, quality, and security of information available to market participants.

ALYI - Set Up A Revolt Token Account Now At www.RVLTtoken.com And Buy At Least 250 Tokens To Qualify For A 25% Bonus - Easier Than Ever To Join ALYI EV Ecosystem

Retrieved on:

Tuesday, August 3, 2021

Financial regulation, Money laundering, Tax evasion, Terrorism, Know your customer, Crime, Money, Finance

Revolt Token has added enhance Know Your Customer (KYC) and Anti Money Laundering (AML) features to the www.RVLTtoken.com site to better protect participants in the ALYI Electric EV Ecosystem.

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Revolt Token has added enhance Know Your Customer (KYC) and Anti Money Laundering (AML) features to the www.RVLTtoken.com site to better protect participants in the ALYI Electric EV Ecosystem.
ALYI is building a comprehensive EV ecosystem solution designed to advance the entire EV sector with perpetual contribution to EV technology advanced by the ongoing participation of EV industry leaders.
ALYI has seeded its EV ecosystem solution with the development of its own EV motorcycle business.
ALYI has partnered with ReovltTOKEN to finance ALYI's growth by offering participation in the EV ecosystem through the sale of Revolt Tokens.

AU10TIX Applauded by Frost & Sullivan for Enhancing the Customer Onboarding Process with Its AI-powered Identity Management Solution

Retrieved on:

Tuesday, August 3, 2021

Identity management systems, AU10TIX, Identity verification service, Verification, Omnichannel, Financial services, Know your customer, Banking, Service industries

LONDON, Aug. 3, 2021 /PRNewswire/ -- Based on its recent analysis of the global identity management market, Frost & Sullivan recognizes AU10TIX with the 2021 Global Product Leadership Award for its end-to-end ID verification and document authentication service for enabling secure and fast customer onboarding and re-verification. The company applies proven AI technology to solve everyday authentication problems, resulting in an optimized customer experience (CX). By providing easy integration options, high scalability, and precision, the company helps organizations transform security into a differentiator.

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The company applies proven AI technology to solve everyday authentication problems, resulting in an optimized customer experience (CX).
"AU10TIX addresses customers' high expectations around security and CX through a fully automated omnichannel AI solution that handles complex and multifaceted threats while ensuring a fast and smooth customer journey.
Its solution performs identity verification within eight seconds and onboarding within 90 seconds, one of the fastest times in the industry," said Federico Teveles, ICT Industry Analyst.
AU10TIX's modular portfolio is one of the most extensive in the industry, covering identity management solutions, such as identity verification, know your customer and anti-money laundering, and electronic credential verification.

AU10TIX Applauded by Frost & Sullivan for Enhancing the Customer Onboarding Process with Its AI-powered Identity Management Solution

Retrieved on:

Tuesday, August 3, 2021

Identity management systems, AU10TIX, Identity verification service, Verification, Omnichannel, Financial services, Know your customer, Banking, Service industries

LONDON, Aug. 3, 2021 /PRNewswire/ -- Based on its recent analysis of the global identity management market, Frost & Sullivan recognizes AU10TIX with the 2021 Global Product Leadership Award for its end-to-end ID verification and document authentication service for enabling secure and fast customer onboarding and re-verification. The company applies proven AI technology to solve everyday authentication problems, resulting in an optimized customer experience (CX). By providing easy integration options, high scalability, and precision, the company helps organizations transform security into a differentiator.

Key Points:

The company applies proven AI technology to solve everyday authentication problems, resulting in an optimized customer experience (CX).
"AU10TIX addresses customers' high expectations around security and CX through a fully automated omnichannel AI solution that handles complex and multifaceted threats while ensuring a fast and smooth customer journey.
Its solution performs identity verification within eight seconds and onboarding within 90 seconds, one of the fastest times in the industry," said Federico Teveles, ICT Industry Analyst.
AU10TIX's modular portfolio is one of the most extensive in the industry, covering identity management solutions, such as identity verification, know your customer and anti-money laundering, and electronic credential verification.

CyberLink's FaceMe® Ranked Top 3 in Face Anti-spoofing Challenge at ICCV 2021

Retrieved on:

Wednesday, July 28, 2021

Data management, Security, Technology, Audio, Video, Software, Hardware, Cryptography, IEEE conferences, Computer security, Spoof, CyberLink, International Conference on Computer Vision, Know your customer, Civil law common law), Authentication, Replay attack

View the full release here: https://www.businesswire.com/news/home/20210728005044/en/

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View the full release here: https://www.businesswire.com/news/home/20210728005044/en/
CyberLink's FaceMe Ranked Top 3 in Face Anti-spoofing Challenge at ICCV 2021 (Photo: Business Wire)
Accurate anti-spoofing technology is crucial for highly secured facial recognition deployments, such as face authentication for banking and financial services or eKYC (electronically know your customer) solutions.
FaceMes achievement at the ICCV challenge, places it as the most suitable solution for highly-secured facial recognition and eKYC solutions.
In previous years, the ICCV face spoofing challenge focused on 2D face prints and video-replay attacks.
CyberLink is honored that FaceMe has performed well enough to finish on the podium in the ICCV 2021 anti-spoofing challenge. "

PayBito Installs Adverse Internet KYC/AML Investigation System

Retrieved on:

Thursday, July 22, 2021

Bank regulation, Banking in India, Know your customer, Financial Action Task Force, Organizations, Financial crime, Palo Alto, California, Geography of California, International organizations

PALO ALTO, Calif., July 22, 2021 /PRNewswire-PRWeb/ --Global virtual currency exchange, PayBito to reinforce their KYC/AML investigation through their new SaaS project.

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PALO ALTO, Calif., July 22, 2021 /PRNewswire-PRWeb/ --Global virtual currency exchange, PayBito to reinforce their KYC/AML investigation through their new SaaS project.
This adverse internet research platform analyzes over 40 million news feeds across 15 languages to sort out relevant financial risks aligned to both FATF and national standards.
"The adverse internet research is the top and more often the earliest source of information on financial crimes.
Installation of this system should relieve the system of errors committed through manual processing of data and personnel-fatigue.

Smile Identity Raises $7 Million to Build KYC and Identity Verification Tools for Africa

Retrieved on:

Thursday, July 8, 2021

Identity management systems, Internet privacy, Identity verification service, Know your customer, Verification

Smile Identity is providing the Identity Verification, Digital KYC, User Onboarding, Document Verification, Liveness Checks, Face Verification, Anti-fraud, and Identity Data Deduplication tools powering the rapid growth and expansion of businesses and startups across Africa.

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Smile Identity is providing the Identity Verification, Digital KYC, User Onboarding, Document Verification, Liveness Checks, Face Verification, Anti-fraud, and Identity Data Deduplication tools powering the rapid growth and expansion of businesses and startups across Africa.
The round, which marks the largest investment into an identity verification company focused on Africa, brings Smile Identity's total funding to over $11M.
"Smile Identity has powered our hyper growth across Africa, accelerating our ability to acquire real users and build a great KYC user experience for our customers.
Smile Identity is the leading Know Your Customer (KYC) and Identity Verification provider for Africa.

Oracle Named a Leader in Anti-Money Laundering and Know Your Customer in Quadrant Knowledge Solutions' Reports

Retrieved on:

Tuesday, June 22, 2021

Computing, Computer companies, Technology, Banking in India, Bank regulation, Know your customer, Oracle Corporation, Money laundering, KYC, Oracle Cloud, Kyckr

The Quadrant Knowledge Solutions in its proprietary SPARK Matrixevaluated more than 15 technology vendors in a competitive assessment against key dimensions of functionality, customer impact, investments, and innovation.

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The Quadrant Knowledge Solutions in its proprietary SPARK Matrixevaluated more than 15 technology vendors in a competitive assessment against key dimensions of functionality, customer impact, investments, and innovation.
In the SPARK Matrix: Anti-Money Laundering (AML) Solution, 2021 report, Oracle Financial Services Anti Money Laundering is named a Leader, ranking above all of the vendors in Customer Impact.
In the SPARK Matrix: Know Your Customer (KYC) Solution, 2021 report, Oracle Financial Services Know Your Customer is again named a Leader.
Oracle offerssuitesof integrated applications plus secure, autonomous infrastructure in the Oracle Cloud.For more information about Oracle (NYSE: ORCL), please visit us at oracle.com .