Emerging Trends in KYC/AML Security: Strategic Partnerships Drive Innovation

The article explores recent partnerships among companies specializing in KYC/AML identity verification. Notable collaborations include Sumsub with Papaya Global, Signzy with MagicPay, and Alloy with Flagstone UK, all aiming to enhance compliance and improve customer experiences through technological innovations. The biometric identity verification market for Know Your Customer (KYC) and Know Your Business (KYB) is…

Read full article

India’s Initiative to Leverage Facial Recognition for Identification of Deceased

India is considering using facial recognition to identify deceased and unidentified individuals, as proposed by Union Home Minister Amit Shah. This initiative is part of a broader effort to enhance investigative efficiency and comes amid global advancements in forensic identification technology, including its use in identifying migrant deaths and other humanitarian applications. Notably, innovations are…

Read full article