Tagged: regulatory technology

Regtech Jumio Launches New Liveness Detection Solution for Protection Against Deepfakes, Injection Attacks

Jumio, the enabler of AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights, announced general availability of Jumio Liveness Premium with deepfake detection, the company’s biometric liveness detection solution to date. Regtech Jumio’s solution leverages a patented Jumio technology, combining randomized color sequences… Read More

Regtech Steeleye Shares Insights on Compliance Risks, Transformative Potential of EU Data Act

In an era where data is both a valuable asset and a regulatory minefield, two recent developments highlight the evolving challenges and opportunities for businesses managing digital communications and archives. SteelEye, a firm specializing in compliance technology, has shed light on critical updates regarding link-sharing… Read More

Regtech Sumsub Upgrades Case Management Solution with AI Powered Assistant for FinCrime Teams

Sumsub announces a major AI-powered update to its Case Management solution—a ready-to-use, cross-functional hub for financial crime investigations designed to streamline fragmented risk operations. Built with direct input from fincrime teams and Sumsub clients, the new release “introduces AI-driven tools and intelligent automation to help investigators… Read More

U.S. Bank Global Fund Services to Leverage Regtech Fenergo for Investor Onboarding Transformation

U.S. Bank Global Fund Services (GFS) announced it has engaged Fenergo, a firm focused on client lifecycle management technology, to digitize and streamline the investor onboarding and service experience. According to the update from Regtech firm Fenergo, this is said to be the first step… Read More

Identity Verification Firm Veratad Technologies Announces Completion of SOC 2 Type 2 Examination

Veratad Technologies, a global enabler of identity verification, age verification, fraud prevention, and compliance solutions, is pleased to announce the completion of its SOC 2 Type 2 examination. This milestone reinforces Veratad’s dedication “to earning and maintaining the trust of its global clients through rigorous… Read More

Regtech Sumsub Addresses Security Incident with German Firm Merkur AG

On March 14, 2025, Regtech Sumsub, a firm specializing in identity verification and anti-fraud solutions, issued a statement regarding a security incident involving Merkur AG, a prominent German company. At Sumsub, they claim that security is their top priority, and they take all reports of… Read More

Regtech Prove Explains How to Implement Effective Identity Verification Framework

Identity verification APIs play a vital role in integrating applications in a way that establishes security, improves compliance, and streamlines user onboarding. This, according to an update from Prove. Prove explained that these tools are necessary for creating trustworthy digital ecosystems, as they address everything… Read More

Risk of Financial Institutions Breaching Sanctions Rules Will Rise in 2025 Due to Volatile Geopolitical Environment: Regtech Exec

As the year 2024 comes to a close, it’s wise for financial institutions and Regtech (regulatory technology) providers to pause and assess the evolving sanctions landscape, particularly with the U.S. preparing to transition to a new administration in 2025. This, according to an update from… Read More

Regtech Jumio Partners with Riley Cillian to Streamline Digital KYC Processes for Platform’s Video Chat Apps

Jumio’s identity verification solutions helping global social media company streamline KYC, improve conversions and meet regulatory requirements Jumio, the provider of automated, AI-driven identity verification, risk signals and compliance solutions, announced its partnership with Riley Cillian to streamline eKYC for the social media platform’s video… Read More

Regtech Trulioo Instant Results Capability Improves Identity Matching by Nearly 60%

Trulioo, an identity platform with worldwide coverage for person and business verification, announced its instant results capability helped an enterprise organization increase verification speed by 56%. Trulioo claims in its latest update that instant results has reduced the organization’s average onboarding time by “two seconds… Read More

Regtech Professional Says Starling Bank’s £29M Fine Reveals True Cost of “Cutting Corners” on ID Verification

Starling Bank‘s recent £29 million fine shows the true cost of “cutting corners” on digital ID verification, according to Regtech and Fintech industry professionals. As reported just last week, this past Wednesday 2nd October, the UK’s challenger bank Starling had been fined nearly £30 million… Read More

Regtech Sumsub Announces Integration of Travel Rule Solution with the Sygna Travel Rule Protocol to Assist Crypto Clients

Sumsub announces the integration of its Travel Rule solution with the Sygna Travel Rule protocol to allow its crypto and fintech clients to communicate with the Virtual Asset Service Providers (VASPs) in the Sygna ecosystem, particularly with those in Japan and Taiwan. The added protocol… Read More

Regtech Sumsub Announces Local Data Processing Capabilities for APAC Region

Sumsub has announced that Local Data Processing (LDP) capabilities are now available in the Asia-Pacific (APAC) region, specifically in Singapore, Hong Kong, Indonesia, and the Philippines. This infrastructure reaffirms Sumsub’s dedication to “ensuring data privacy and regional compliance, following the successful launch in the MEA… Read More

Financial Services and Compliance Tech Platform Grath Announces Expansion into Middle East

Grath, a global platform for financial services and regulatory compliance technology, is expanding its presence into the Middle East with the opening of a new office in the prestigious Dubai International Finance Centre (DIFC). This expansion is said to mark a significant milestone in Grath’s… Read More

Regtech Trulioo Announces David Liu as SVP of Fraud and Risk

Trulioo, an identity platform with proven global coverage for person and business verification, announced the appointment of David Liu as senior vice president of fraud & risk. Liu will lead the Fraud & Risk team at Trulioo with “the charge of cementing the company’s position… Read More

Regtech Silent Eight Selected By MENA Region’s Mashreq Bank to Provide Compliance Alert Adjudication

Mashreq, a financial institution in the MENA region, announced that it has selected Silent Eight to provide Name Screening and Adverse Media Alert Adjudication automation capabilities related to sanctions and anti-money laundering regulatory requirements. Silent Eight is a RegTech company whose artificial intelligence-based platform “offers… Read More

Regtech spektr Aims to Turn Due Diligence into Revenue-Generating Asset for Compliance

spektr is officially exiting stealth mode and ready to turn ongoing due diligence into a revenue-generating asset for compliance. spektr says that their journey is being “supported by a €5 million seed round led by Northzone, Seedcamp, and PreSeed Ventures, enabling them to introduce advanced… Read More

MENA Fintech Association Welcomes Regtech SumSub

Regtech Sumsub has reportedly joined the MENA FinTech Association (MFTA) in order to drive business growth in the MENA region, while “raising identity fraud awareness, and fostering innovation in the fintech sector.” This partnership highlights Sumsub’s commitment “to establishing and strengthening key industry connections and… Read More

Dublin Regtech Fenergo Update: Global Financial Institution AML and Regulatory Fines Soar in 2023

Fenergo, the provider of digital solutions for client lifecycle management (CLM), know your customer (KYC) and transaction monitoring, released its annual findings on global financial institution enforcement actions, which reveal that “the value of penalties imposed on firms surged 57% in 2023.” Penalties for failing… Read More

Regtech Trulioo, an Identity Platform with Coverage for Business Verification, Reports Steady Growth of Operations

Trulioo, an identity platform with proven global coverage for person and business verification, announced a “significant” increase in the adoption of its platform in the past year. The company, which opened a new international headquarters in Vancouver this year, also earned industry recognition “following the… Read More

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