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Know your customer (KYC) Stories - Page 2

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Know your customer (KYC) stories

Noah wins EU licences for stablecoin & fiat payments
Fintech

Noah wins EU licences for stablecoin & fiat payments

The approvals let businesses move stablecoins and euros across all 27 EU states without juggling separate local licences or banking set-ups.

By Karen Joy Bacudo • 3 min read • Last month
SEON & Yuno team up to boost global fraud controls
Risk & Compliance

SEON & Yuno team up to boost global fraud controls

Merchants expanding into new markets can now add fraud checks through Yuno's existing payments infrastructure, avoiding a separate integration.

By Karen Joy Bacudo • 3 min read • Last month
Deepfake fraud market hits USD $40 billion, report says
Biometrics

Deepfake fraud market hits USD $40 billion, report says

Synthetic fraud is now costing banks and insurers USD $40 billion a year, with voice cloning and video deepfakes driving most cases.

By Karen Joy Bacudo • 5 min read • Last month
Deepfake scams drive USD $40 billion fraud warning
Biometrics

Deepfake scams drive USD $40 billion fraud warning

Banks and insurers face rising losses as deepfake fraud is now estimated at USD $40 billion a year, with voice cloning fuelling most cases.

By Karen Joy Bacudo • 5 min read • Last month
7 Steps to Implement Digital Identity Verification Successfully
Customer Experience

7 Steps to Implement Digital Identity Verification Successfully

Poorly designed checks can block genuine customers or let fraudsters through, so leaders need a risk-based verification flow that preserves conversion.

By Shivani Pimpili • 5 min read • Last month
Transferra & Wallester warn card programmes need scaling
Risk & Compliance

Transferra & Wallester warn card programmes need scaling

Payment firms are finding that card programmes take far more operational work to scale than to launch, with extra providers adding integration risk.

By Karen Joy Bacudo • 4 min read • Last month
Celonis banking head: Banks want proof before scaling agents
Digital Transformation

Celonis banking head: Banks want proof before scaling agents

Celonis argues frontier AI models are too generic for regulated banking, urging firms to weigh cost, risk and process gains before scaling deployments.

By Jake MacAndrew • 3 min read • Last month
Walapay raises USD $4.6 million seed funding round
Crypto

Walapay raises USD $4.6 million seed funding round

The fresh capital will fund licensing, banking ties and hiring as the payments platform expands direct links across Latin America, Africa and Asia.

By Karen Joy Bacudo • 4 min read • Last month
Fraudulent hires get credentials before detection, HYPR
Multi-factor authentication

Fraudulent hires get credentials before detection, HYPR

Most fake hires are exposed only after getting system access, leaving companies vulnerable for days and often weeks before a fraud is spotted.

By Mara Sugue • 3 min read • Last month
Financial services top mobile verification activity
Data Protection

Financial services top mobile verification activity

Financial firms accounted for 41.6% of verified mobile activity in the first half of 2026, as numbers became central to banking and account recovery.

By Mara Sugue • 3 min read • Last month
Moca Chain launches mainnet for digital identity & AI
Data Protection

Moca Chain launches mainnet for digital identity & AI

It aims to cut repeated verification checks and let businesses trust AI agents without collecting the same personal documents from users each time.

By Mara Sugue • 4 min read • Last month
LexisNexis launches AI fraud tool that adapts to attacks
Data Protection

LexisNexis launches AI fraud tool that adapts to attacks

Businesses face rising losses as the new model cuts false positives by more than 80% and adapts scoring as fraud tactics shift.

By Raphael Veloso • 3 min read • Last month
Europeans back slower bank checks to cut fraud risk
Data Protection

Europeans back slower bank checks to cut fraud risk

Most consumers surveyed across six European markets would accept longer bank checks if that meant a lower chance of fraud, Fourthline found.

By Mara Sugue • 4 min read • Last month

Stories from Other Regions

Know your customer (KYC) stories

Australian fintechs split as overseas revenue rises
Fintech

Australian fintechs split as overseas revenue rises

Overseas sales are now a key growth driver, but more than 70% of pre-revenue and pre-profit fintechs say fundraising remains difficult.

By Karen Joy Bacudo • 4 min read • Last month
MassPay adds Cash App to its direct payout network
Fintech

MassPay adds Cash App to its direct payout network

The move gives US gig workers and sellers faster access to earnings, as MassPay seeks to reduce reliance on slower bank transfers.

By Karen Joy Bacudo • 4 min read • Last month
FOMO Pay partners Sumsub to boost compliance checks
Risk & Compliance

FOMO Pay partners Sumsub to boost compliance checks

The move should help FOMO Pay tighten onboarding and fraud checks as it expands across markets with diverging rules and rising scam pressure.

By Karen Joy Bacudo • 3 min read • Last month
UK consumers trust AI less with payments than health
Data Protection

UK consumers trust AI less with payments than health

The finding highlights a trust gap that could slow AI adoption in payments, with only 22% of UK consumers willing to use it there.

By Karen Joy Bacudo • 4 min read • Last month
Ecommpay adds payment links for UK small businesses
Software-as-a-Service

Ecommpay adds payment links for UK small businesses

The no-code tool could speed up cash flow for tradespeople and sole traders who usually invoice after a job, with funds often arriving within one business day.

By Sofiah Nichole Salivio • 3 min read • Last month