Know your customer (KYC) stories

Banks are moving beyond AI pilots to integrate intelligent systems across operations, boosting efficiency and personalising customer engagement sector-wide.

Yaspa won the Real-Time Payments Innovation award for its AI-powered platform that streamlines instant bank transfers and KYC verification across the UK and Europe.

Despite 99% of finance firms piloting AI, just 3% deploy it enterprise-wide, hindered by data quality issues and legacy system inconsistencies.

Fintech firms rush to adopt AI, with 65% using it despite cybersecurity lapses, highlighting the urgent need for robust guardrails to build trust and ensure safety.

IBM launches Digital Asset Haven, a secure blockchain platform for institutions, combining advanced custody features across 40+ blockchains from late 2025.

Data Zoo partners with Ping Identity to provide verified global data in PingOne Verify, boosting secure digital identity verification across 60+ countries.

The Australian Government is trialling digital ID pilots to simplify rental applications and better protect renters’ personal data from misuse and theft.

UiPath launches new AI automation suite with pre-built solutions and orchestration tools to boost enterprise efficiency and ROI in AI transformation.

MoneyMe partners with SEON to enhance fraud prevention in auto loans, credit cards and personal lending amid rising digital fraud risks in Australia.

Trend Micro warns that rising deepfake and AI crimes threaten business trust, with fraudsters using synthetic media to impersonate executives and bypass security.

Celonis and Bright Cape launch Smart KYC Control Tower app to help financial firms cut costs, boost compliance and improve customer experience in KYC processes.

Appian has been named on FinTech Global’s 2025 AIFinTech100 list for pioneering AI-driven solutions that transform banking, compliance and financial services workflows.

Relativity has launched its generative AI tools aiR for Review and aiR for Privilege across five Asian markets, enhancing legal teams' document review and privilege identification.

DIMOCO gains GGL approval to offer carrier billing in Germany's igaming, debuting with NEO.bet to enhance payments in the fourth-largest European market.

Sumsub and Data Zoo have partnered to deliver enhanced global fraud prevention and compliance solutions for financial institutions across 170+ jurisdictions.

Sumsub launches 'The Beast 2.0' to fight a 121% surge in digital identity fraud across APAC, promoting secure digital access and inclusion in fintech and crypto sectors.

Sumsub enhances fraud defence by integrating Fingerprint's device intelligence, offering real-time threat detection without complicating genuine user access.

AU10TIX launches AnyDoc Authentication, an AI-powered tool detecting fraud in non-ID documents with 99.99% accuracy, aiding sectors from finance to healthcare.

SEON launches AI-powered real-time AML suite, unifying fraud and compliance tools to enhance risk detection and streamline regulatory reporting.

SEON expands its Asia-Pacific team in response to growing demand for advanced fraud prevention and anti-money laundering solutions across the region.