Money Mule Scams: 7 Measures to Prevent it
Criminal organisations usually adopt a money laundering approach to hide the source of their illicit funds to make money legal and prevent criminals from being investigated. However, it helps money...
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Fin-Fraud Trends in UK 2023
Unbelievably, UK’s fraudsters are showing no mercy since 2020. Customers, users & companies have...
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Exploring the Link between Cryptocurrency and KYC: Why it Matters
Overview of Know Your Customer (KYC) KYC being the first stage of Anti-Money Laundering...
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Russia faces the backlash of $95 billion due to AML sanctions
Russia faces a big hit in terms of financial losses after its invasion of...
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KYC for AML through UBO Identification
Looking into the the activities and trends of the year 2022 as per KYC...
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A Systematic Review of Automated KYC via Blockchain
Cryptocurrency has evolved the concept of Blockchain and enabled it to penetrate in a...
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FMCGs practicing KYC and AML through Blockchain
Definition of FMCG Fast-moving consumer goods (FMCG) are products that are sold quickly and...
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Global E-KYC Market is about to exceed $48.38 Million by 2026 at 21.&% CAGR
Report says that the French E-KYC market totaled at $US 12.12 million in 2019...
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KYC/AML trends & Predictions in 2023
Overview Newsworthy challenges have appeared in the recent past especially after the global pandemic...
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FATF & EFCC actions against Money Laundering
Background The Financial Action Task Force (FATF) being a globally recognized and empowered organization...
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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