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Varo Money gets NICE anti-fraud tech
finance Fintech Innovation Start Ups

Varo Money gets NICE anti-fraud tech

Varo Money, the US challenger bank, has selected NICE Actimize to implement its financial crime strategy for anti-money laundering (AML) protections, including know-your-customer (KYC) requirements, sanctions screening and transaction monitoring capabilities. Varo will integrate NICE Actimize’s AML Essentials, a software-as-a-service (SaaS) AML solution that detects and scores a range of […]

Bracing for the Next Small Business Credit Crunch
banking platform business finance Fintech Regulation Start Ups

Bracing for the Next Small Business Credit Crunch

When it happens, be ready for a painful and significant slowdown in small business financing. For small business owners, raising capital has never been as easy as it is today. Banks have eased credit to small businesses. Fintech startups are expanding online lending options. And business lending opportunities have looked […]

The swift climb of regtech: How technology is transforming regulatory compliance
Regulation Reporting Risk Managament Start Ups technology

The swift climb of regtech: How technology is transforming regulatory compliance

Having emerged from obscurity to be the new buzzword, here’s what you must know about regtech. Worldwide, financial services in all forms are subject to extensive regulatory supervision for the protection of a large number of stakeholders. Regulatory compliance – characterised by long and tedious processes and costs – has […]

Onfido ​raises ​$30m ​for ​identity ​verification ​that ​helps millions ​of ​people ​access ​online ​services
Funding Start Ups

Onfido ​raises ​$30m ​for ​identity ​verification ​that ​helps millions ​of ​people ​access ​online ​services

Crane ​leads ​Series ​C ​with ​support ​from ​Microsoft ​Ventures ​and ​current ​investors – Businesses ​such ​as ​Square, ​Zipcar, ​and ​Revolut ​use ​Onfido’s ​identity ​verification ​to seamlessly ​onboard ​more ​customers ​and ​scale ​their ​businesses – New ​funding ​round ​enables ​Onfido’s ​growth ​in ​international ​markets ​and ​new industries, ​as ​well ​as ​further […]

Onfido joins Tech City’s Future Fifty
Emerging Technology News Start Ups

Onfido joins Tech City’s Future Fifty

London-based startup named among new entrants to prestigious programme for fast-growing tech Onfido, a leading provider of KYC solutions to the iGaming industry, was today named one of 26 new entrants to Tech City UK’s Future Fifty programme. The Future Fifty showcases and supports 50 of the country’s most pioneering growth […]

BitSight Provides ProcessUnity Customers Access to Data-Driven Third-Party Security Ratings
News Start Ups

BitSight Provides ProcessUnity Customers Access to Data-Driven Third-Party Security Ratings

CAMBRIDGE and CONCORD, Mass., August 2, 2017 – BitSight, the Standard in Security Ratings, and ProcessUnity, a leading provider of cloud-based solutions for risk management, today announced a technology partnership to embed BitSight’s proprietary security rating capabilities within ProcessUnity’s cloud-based third-party risk management solution. Integrating BitSight ratings into ProcessUnity’s vendor risk […]