Source of Funds vs Source of Wealth: Unveil the Complexity
While hiring a new client, it is essential to understand where their wealth or funds come from. Well, knowing about these elements is one of the crucial tasks while implementing...
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PM Kishan: Complete this task before the 13th installment, otherwise the money will be stuck
The Pradhan Mantri Kisan Samman Nidhi Yojana (PM Kisan) is a scheme that provides...
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Utilizing Sanctions Lists and Government Data in KYC and AML Compliance
What are the Sanction Lists? A sanctions list is a list of individuals, organizations,...
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Regulatory Enforcement of KYC and AML Regulations: The Role of Government Agencies
Regulatory bodies are government agencies or other organisations that have the authority to enforce...
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Learn how Remote eKYC Verification can be used to scale Customer Onboarding
A new study has found that 71% of customers are less likely to trust...
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FIA books man for money laundering over cryptocurrency transactions:
The Federal Investigation Agency (FIA) in the Khyber Pakhtunkhwa province of Pakistan has registered...
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Impact of Blockchain Technology on KYC & AML Compliance
Emerging technologies, such as blockchain, have the potential to significantly impact Know Your Customer...
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What Approach For Your AML-CFT Solutions
Upstream of any project to set up an automated regulatory solution, of the size...
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Ashish Paswan the scammer who used KYC as a cover to cheat Indian Actor Annu Kapoor has been Arrested on Monday
News from Mumbai: A 28 year old man named Ashsih Paswan was arrested from...
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Airtel bank now supports Aadhar biometric KYC
Aadhaar is a 12-digit unique identifying number provided by the Indian government to each...
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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