What is KYC Remediation? and How Does it Impact Compliance?
KYC (Know Your Customer) is a process that minimizes risk, enhances control & visibility, and increases transparency for secure finance. KYC Remediation is not a one-time task, as KYC and...
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Digital Identity Management: Enhancing Security Through Blockchain-Based IDV System
OECD recommends the implementation of Digital Identity Management in the EU’s government system with...
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Identify High-Risk Customer Types and Prevent your Business from Fraud
During the KYC and AML compliance regulatory procedures, high-risk customers are usually put in...
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Due Diligence Checklist: Confirming AML Compliance
Due diligence generally means reasonable care and precautions to avoid potential harm or risk....
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4 Key Benefits of Artificial Intelligence in AML
Artificial intelligence is a vigorous and powerful technology that delivers millions of benefits to...
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Enhanced Due Diligence: Uncover the Customer Hidden Risks
According to the Financial Crime News, compliance regulators all across the globe have imposed...
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Know Your Business: Master The Art Of Corporate Compliance
The corporate sector builds the foundations of the global economy today. Each firm that...
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Mobile KYC: A Quick and Easy Way to Verify User Identity
For numerous global enterprises, it has become crucial to comply with various regulations in...
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Proof of Address: A Comprehensive Beginner’s Guide to Obtaining One
Proof of Address is one of the most important parts of identity verification that...
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Student Identity Verification: Ensuring Authenticity In Education
Key Outcomes The primary goal of Student Identity Verification is to ensure the authenticity...
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Key Factors to Consider when Developing an eKYC Solution
Millions are spent annually on Know Your Customer (KYC) and anti-money laundering (AML) procedures as businesses strive to confirm identities and fight money laundering.
What is Money Laundering? Understanding the Process
Money laundering is the act of processing illicit money , which is generated by any illegal or criminal activity i.e (drugs trafficking, terrorist funds, embezzlement,
Financial institutions are under the lens of regulators
Financial institutions are under the lens of regulators, and that scrutiny looks like it will only continue to grow. In fact, financial institutions that lack compliance