Know your customer (KYC) stories

Alkami ties account opening, digital banking and marketing into one platform as regional banks and credit unions seek simpler vendor stacks.

Banks warned to pair eIDV with address checks as data quality becomes central to spotting synthetic identities and strengthening KYC and KYB controls.

EU wallet rules could turn digital identity into the next payments backbone, forcing banks to rethink onboarding, fraud and customer trust.

World expands upgraded proof-of-human system into apps, meetings and AI workflows as Tinder, Zoom and Docusign join new partnerships.

Spektr lands USD $20 million Series A from NEA as Copenhagen AI compliance platform targets manual checks at banks and fintechs.

Banks and multinationals trial tokens to slash cross-border settlement times, as clearer rules and backing bolster wider business use.

Oracle expands its financial crime platform with Lucinity's AI investigation tools, aiming to cut compliance workloads for banks and regulated firms.

Researchers link Android banking trojan to Cambodia scam compound, exposing a malware-for-hire network impersonating banks and agencies across 21 countries.

Cambodia scam compounds are being tied to a mobile banking fraud network that hit users in 21 countries, researchers say.

Persistent and Databricks launch Merchant Risk Management and Fraud Detection solution for banks and payment providers facing rising digital payment fraud.

World Cup guide urges banks to spot scams and trafficking as tournament travel, ticket demand and online activity heighten fraud risks.

iProov warns iOS injection attacks surged 1,151% in late 2025 as generative AI fuels deepfake impersonation and identity fraud.

Data quality gives banks a scalable route to digital trust, cutting fraud and false positives while speeding onboarding, KYB and AI-driven checks.

Marqeta has embedded an AI-driven risk score into its Real-Time Decisioning tool, aiming to curb payment fraud and reduce false declines.

Thunes wins Juniper Research top-three nod for cross-border payments as network breadth, interoperability and stablecoin links reshape the market.

US banks and regulators are urged to adopt passkeys, mobile driving licences and tougher verification as generative AI fuels deepfake fraud.

Rhinebeck Bank turns to MANTL to speed business and retail account opening as the community lender pushes wider digital transformation.

UiPath rolls out agentic AI for banks to automate sanctions checks and loan origination, citing faster decisions and tighter audit controls.

Fintech Worth secures USD $30m Series A to accelerate AI-powered onboarding and underwriting for small and medium-sized businesses.

Mobile money transactions topped USD $2 trillion in 2025 as global use surged, led by Sub-Saharan Africa but with growth across all regions.