Tag: Know Your Customer/KYC
TransferGo hit with €310,000 fine from Bank of Lithuania for AML failings
Electronic money institution UAB TransferGo Lithuania has been fined €310,000 by the Bank of Lithuania for violating anti-money laundering and counter-terrorist financing laws.
FactsUAB...
US insurtech start-up Lula raises $35.5m Series B funding
Miami-based insurtech Lula secures $35.5 million in a Series B funding round led by NextView Ventures and Khosla Ventures, aiming to broaden its market...
Credit card fintech Petal secures $200m debt facility from Victory Park Capital
New York-based fintech Petal secures $200 million debt facility from Victory Park Capital and a $20 million term loan facility from Trinity Capital, along...
European Commission brings in Moody’s Analytics to help fight fraud
The European Commission has awarded a €34 million framework contract to Moody's Analytics to bolster its anti-fraud and financial crime efforts using data insights...
Cambodia’s Wing Bank selects Ipification for mobile ID verification solution
Wing Bank, a pioneer in mobile financial services in Cambodia, has partnered with Ipification to implement a one-click phone verification solution, enhancing convenience and...
Automotive lending platform GoFi taps Provenir for credit risk decisioning
GoFi, a US consumer automotive financing provider, has partnered with London-based risk decisioning software provider Provenir to enhance its credit risk assessment in the...