Know your customer (KYC) stories
In eCommerce, clean verified customer address data is now essential to cut costs, stop fraud and keep shoppers loyal worldwide.
Bybit launches AI Trading Skill, letting users place crypto trades and manage accounts via natural-language prompts across top AI tools.
AI-fuelled scams help push illicit finance to an estimated USD $4.4 trillion in 2025, with fraud losses hitting USD $579.4 billion.
Creditinfo launches fraud and AML platform in Uganda, targeting rising digital payment risks and bolstering banks' compliance tools.
Commerzbank taps Hawk's AI to cut false alerts and sharpen money-laundering detection, as regulators push banks to bolster AML controls.
Fintech integrators turn to Melissa's real-time, trusted data layer to sharpen KYB checks, slash onboarding friction and cut synthetic fraud.
LemFi gains Bank of Canada oversight under the new Retail Payment Activities Act, bolstering trust in its cross-border remittance services.
Cross-border payments are failing despite accurate addresses, exposing a GBP £94 billion data and identity gap banks can no longer ignore.
Data specialist Melissa debuts a podcast probing how flawed customer and identity data fuels risk, fraud and compliance headaches.
Ripple seeks to secure an Australian Financial Services Licence via BC Payments deal, aiming to scale regulated cross‑border payments in APAC.
iProov passes one million daily biometric checks as deepfake-driven fraud soars, forcing banks and governments to harden identity defences.
Autonomous AI 'agentic customers' will upend banking, FICO warns, reshaping pricing, risk and customer ties as USD $3tn value beckons.
Incode claims first iBeta Level 3 PAD pass for passive selfie liveness on iOS and Android, reporting 0% error rates in testing.
APAC banks face data gaps, false alerts and opaque ownership as they race to modernise sanctions screening amid fragmented rules.
Monoova launches FX Hub to unite local collections, FX conversion and global settlement in one automated flow, cutting delays and complexity.
Empower FCU picks MANTL to streamline omnichannel account opening, targeting sub-10-minute sign-ups across digital and branch channels.
MANTL and MeridianLink are partnering to integrate digital loan applications with back-end origination, targeting banks and credit unions.
Almost half of people now distrust nearly everything they see online as AI deepfakes trigger a 'Great Trust Recession', new research shows.
Credas urges a UK-wide push to teach homebuyers about safer digital ID, warning email and WhatsApp use leaves them open to fraud.
Singapore employers tighten permanent headcount, channelling spend into scarce AI, cyber and data skills while ramping up contract hiring.