Know your customer

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.

Key Points: 
  • 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 .

Toga Limited’s Yippi App Employs Electronic Know Your Customer Technology to Expediate Its User Onboarding Process

Retrieved on: 
Tuesday, June 15, 2021
Articles, Cybernetics, Academic disciplines, Bank regulation, Banking in India, Know your customer, Biometrics, Artificial intelligence, Machine learning

Additionally, under special circumstances, our team also conducts e-KYC to utilize technology like AI, machine learning and predictive algorithms to manage the process, he added.

Key Points: 
  • Additionally, under special circumstances, our team also conducts e-KYC to utilize technology like AI, machine learning and predictive algorithms to manage the process, he added.
  • Yippi applies an e-KYC digital and remote online solution system, which combines biometrics security technology, spoof detection and optical character recognition.
  • Optical character recognition transformsa picture of an ID card into text that can be compared against a database for name and identity verification.
  • Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995.

ATOM Banking by Financial Sciences Offers Powerful New Workflow Tool for Holistic Bank Relationship Management

Retrieved on: 
Thursday, June 10, 2021
Financial services, Finance, Service industries, Bank regulation, Banking in India, Know your customer, Workflow, Bank

The workflow tool automates bank administration processes enhancing bank relationship management and promoting treasury as a center of service excellence.

Key Points: 
  • The workflow tool automates bank administration processes enhancing bank relationship management and promoting treasury as a center of service excellence.
  • It includes functionality for bank fee analysis, bank account management, bank services usage, store banking, bank balance and credit reporting, FBAR and signatory management, document management, and know your customer (KYC).
  • "ATOM Banking delivers enhanced workflow management tools that arm treasury departments with an integrated, holistic view of financial activity across all their banking partners and internal customers."
  • ATOM Banking tracks all bank accounts, bank services, bank fees, and bank relationship workflow in one integrated system.

arago, a WISekey company, signs a $5 million placement of TrusteCoin NFT token with iconomy

Retrieved on: 
Tuesday, June 1, 2021
Bank regulation, Banking in India, Know your customer, Anonymity, KYC, Object

This agreement represents the first round of pre-sales of TrusteCoin with iconomy, while the second round of will be offered before the platform is launched on July 4, 2021.

Key Points: 
  • This agreement represents the first round of pre-sales of TrusteCoin with iconomy, while the second round of will be offered before the platform is launched on July 4, 2021.
  • The WISe.ART platform creates an ecosystem of white-label marketplaces, promotion of special pieces for high value luxury collectibles and artwork.
  • To enable proper KYC (Know Your Customer) while keeping anonymity and exclusivity of the platform, the technology stack is built around the TrusteCoin.
  • The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people.

NICE Actimize Positioned as a Leading KYC Vendor in 2021 Quadrant Knowledge Report Across Technology Excellence and Customer Impact

Retrieved on: 
Thursday, May 20, 2021
Technology, Finance, Security, Banking, Other Technology, Professional services, Software, Internet, Data management, KYC, Know your customer

b"NICE Actimize, a NICE (Nasdaq: NICE) business, has been ranked by global advisory and consulting firm Quadrant Knowledge Solutions as a top performing KYC/CDD Technology Leader in its recently released \xe2\x80\x9cSPARK Matrix\xe2\x84\xa2: Know Your Customer (KYC) Solution, 2021\xe2\x80\x9d report.

Key Points: 
  • b"NICE Actimize, a NICE (Nasdaq: NICE) business, has been ranked by global advisory and consulting firm Quadrant Knowledge Solutions as a top performing KYC/CDD Technology Leader in its recently released \xe2\x80\x9cSPARK Matrix\xe2\x84\xa2: Know Your Customer (KYC) Solution, 2021\xe2\x80\x9d report.
  • The Quadrant Knowledge Solutions study, which provides competitive analysis and a ranking of the leading Know Your Customer (KYC) vendors in the form of its proprietary SPARK Matrix, scored NICE Actimize and its consolidated KYC/CDD solutions among the highest in overall ratings across the performance parameters of technology excellence and customer impact.
  • To download a copy of the complimentary report, please click here .\nSummarizing key strengths for NICE Actimize, the Quadrant Knowledge report noted, \xe2\x80\x9cNICE Actimize offers an integrated KYC/CDD solution with comprehensive functional capabilities to provide risk assessment over the entire customer lifecycle.
  • At Quadrant Knowledge Solutions, our vision is to become an integral part of our client\xe2\x80\x99s business as a strategic knowledge partner.

Global Data Consortium Makes Multiple Key Hires and Expands Customer Advisory Board to Drive Expansion Globally

Retrieved on: 
Wednesday, May 19, 2021
Financial regulation, Identity verification service, Internet privacy, Know your customer, Money laundering, Regulatory compliance, Money, Finance, Business law

b'RALEIGH, N.C., May 19, 2021 /PRNewswire/ -- Global Data Consortium (GDC), provider of one point access to local, in-country reference data for instant verification to customers globally, welcomes multiple veteran leaders across all the business units within the company.

Key Points: 
  • b'RALEIGH, N.C., May 19, 2021 /PRNewswire/ -- Global Data Consortium (GDC), provider of one point access to local, in-country reference data for instant verification to customers globally, welcomes multiple veteran leaders across all the business units within the company.
  • There, he was responsible for customer data procurement and developed automated processes and controls for KYC (Know Your Customer), AML (Anti Money Laundering), and Risk Assessment.
  • "\nIn 2020, GDC formed the Compliance Advisory Board (CAB) to serve as a resource to help others in the industry navigate the challenges of protecting data privacy and maintaining compliance with other global regulations.
  • More information on the CAB can be found on the GDC website ( https://www.globaldataconsortium.com/complianceadvisoryboard/ ).\nGlobal Data Consortium is the industry leader in electronic identity verification.

SB Finance partners with OneConnect Financial Technology to roll-out cloud based financial technology

Retrieved on: 
Wednesday, May 19, 2021
KYC, Know your customer, Kyckr

API connectivity accessible to staff, merchants, dealers and customers will also be enhanced.\nThrough automation, SB Finance will be able to streamline data collection for various regulatory requirements such as Know Your Customer (KYC), Know-Your-Merchants (KYM) and Know-Your-Agents (KYA).

Key Points: 
  • API connectivity accessible to staff, merchants, dealers and customers will also be enhanced.\nThrough automation, SB Finance will be able to streamline data collection for various regulatory requirements such as Know Your Customer (KYC), Know-Your-Merchants (KYM) and Know-Your-Agents (KYA).
  • This allows SB Finance to strengthen its business intelligence tools to enhance analytics and conception of new products and services.\n"A major strategy of SB Finance is to create products and services to support the average Filipino and the small businessmen in their financial needs while creating a customer-centered journey in the new digital normal.
  • The Company\'s platform provides cloud-native technology solutions that integrate extensive financial services industry expertise with market-leading technology.
  • The Company\'s solutions provide technology applications and technology-enabled business services to financial institutions.

Joget Marketplace Opens up to Partners with the Launch of AI-powered EMAS™ Identity Verification Applications by Innov8tif

Retrieved on: 
Thursday, May 6, 2021
Identity management systems, Identity verification service, Internet privacy, Know your customer, Joget, Verification

("Innov8tif") has launched new applications on the Joget Marketplace to offer real-time and automated identity verification capabilities on the Joget open source no-code/low-code application platform .\nOperated by Joget, Inc., the Joget Marketplace enables customers, partners and third-party innovators to easily leverage new applications, plugins and solutions to address their digital transformation needs.

Key Points: 
  • ("Innov8tif") has launched new applications on the Joget Marketplace to offer real-time and automated identity verification capabilities on the Joget open source no-code/low-code application platform .\nOperated by Joget, Inc., the Joget Marketplace enables customers, partners and third-party innovators to easily leverage new applications, plugins and solutions to address their digital transformation needs.
  • The two new applications published by Innov8tif are EMAS e-KYC and EMAS OkayFace Approval.\nEMAS e-KYC is an application that demonstrates customer registration use cases using face biometric authentication technology to strengthen the identity assurance aspect of a customer onboarding process.
  • "We are delighted to work with partners like Innov8tif to showcase their expertise in the digital identity space," said Raveesh Dewan, Chief Executive Office of Joget, Inc. "We see the Joget Marketplace as the solution marketplace for our customers.
  • Innov8tif\'s EMAS e-KYC product enables businesses with digital ID verification capability to support online customer onboarding process and identity fraud management.

Joget Marketplace Opens up to Partners with the Launch of AI-powered EMAS™ Identity Verification Applications by Innov8tif

Retrieved on: 
Thursday, May 6, 2021
Identity management systems, Identity verification service, Internet privacy, Know your customer, Joget, Verification

("Innov8tif") has launched new applications on the Joget Marketplace to offer real-time and automated identity verification capabilities on the Joget open source no-code/low-code application platform .\nOperated by Joget, Inc., the Joget Marketplace enables customers, partners and third-party innovators to easily leverage new applications, plugins and solutions to address their digital transformation needs.

Key Points: 
  • ("Innov8tif") has launched new applications on the Joget Marketplace to offer real-time and automated identity verification capabilities on the Joget open source no-code/low-code application platform .\nOperated by Joget, Inc., the Joget Marketplace enables customers, partners and third-party innovators to easily leverage new applications, plugins and solutions to address their digital transformation needs.
  • The two new applications published by Innov8tif are EMAS e-KYC and EMAS OkayFace Approval.\nEMAS e-KYC is an application that demonstrates customer registration use cases using face biometric authentication technology to strengthen the identity assurance aspect of a customer onboarding process.
  • "We are delighted to work with partners like Innov8tif to showcase their expertise in the digital identity space," said Raveesh Dewan, Chief Executive Office of Joget, Inc. "We see the Joget Marketplace as the solution marketplace for our customers.
  • Innov8tif\'s EMAS e-KYC product enables businesses with digital ID verification capability to support online customer onboarding process and identity fraud management.

Numeracle and Aegis Mobile to Provide a Comprehensive Know Your Customer Vetting Solution to Verify Identity for Communications

Retrieved on: 
Monday, May 3, 2021
Identity management systems, Identity verification service, Internet privacy, Know your customer, Computer access control, Identity management, Computer security

b'MCLEAN, Va. and COLUMBIA, Md., May 3, 2021 /PRNewswire/ --Numeracle Inc. ("Numeracle"), the pioneer of Verified Identity for communications, and Aegis Mobile, LLC ("Aegis"), a global provider of innovative mobile web and compliance solutions, today announced a comprehensive verification solution to validate the identity of organizations engaging in business communications for the purpose of fulfilling Know Your Customer ("KYC") requirements.

Key Points: 
  • b'MCLEAN, Va. and COLUMBIA, Md., May 3, 2021 /PRNewswire/ --Numeracle Inc. ("Numeracle"), the pioneer of Verified Identity for communications, and Aegis Mobile, LLC ("Aegis"), a global provider of innovative mobile web and compliance solutions, today announced a comprehensive verification solution to validate the identity of organizations engaging in business communications for the purpose of fulfilling Know Your Customer ("KYC") requirements.
  • This KYC-based platform supports service providers\' ability to implement local policies to attest to the legitimacy of phone number usage per the SHAKEN Standard.
  • "This partnership provides a flexible, fully-auditable local policy solution for service providers to identify and address bad actor traffic on the network while mitigating risk.
  • "\nTo learn more about Aegis Mobile\'s identity verification, brand protection, fraud detection, third-party integrity assurance, channel risk management, and open-source data intelligence, visit http://aegismobile.com .