KYC or “Know Your Customer” is the process of a business verifying the identity of its clients and assessing their suitability, along with the potential risks of illegal intentions towards the business relationship. The term is also used to refer to the anti-money laundering regulations that govern these activities. KYC processes are used by companies of all sizes when conducting due diligence for the purpose of ensuring their proposed customers, agents, consultants, or distributors are in compliance with anti-bribery laws.
Hong Kong, Dublin & Bologna (August 31, 2021) – Leading banking credit information provider CRIF today announced a global commercial partnership with award-winning ...
Introduction of a single API solution offers a holistic approach to fraud and risk, covering the customer life cycle across ...
Dublin (July 28, 2021) – Fenergo, the leading provider of Know Your Customer (KYC) and Client Lifecycle Management (CLM) software solutions for ...
Hong Kong (June 22, 2021) – Primasia Corporate Services Limited have announced that award-winning RegTech company Know Your Customer is ...
CDD and KYC have been baked into AML compliance for two decades now, yet enforcement of money-laundering violations continues to ...
Between COVID-19 disruptions, KYC challenges, paused account onboarding and altered due diligence practices, 2020 saw financial crime compliance costs increase ...
LONDON (May 19, 2021) – smartKYC, the world’s most advanced enterprise solution for KYC due diligence automation, today announced it ...
Veriff's IDV and KYC services cross-reference users against government-issued IDs from 190 countries. The company experienced 600 percent revenue growth ...
This free 30-page eBook explores graph analytics as an AML tool to uncover money laundering networks and improve financial crime ...
The Corporate Transparency Act (CTA) passed last year mandates FinCEN to establish a national registry of ultimate beneficial ownership (UBO) ...
Regulatory agencies around the world emphasize the importance of mitigating risks through adverse media screening. In fact, screening for negative ...
Hong Kong, Singapore & Dublin (December 9, 2020) – Award-winning RegTech provider Know Your Customer is partnering with Refinitiv, a world-leading provider of financial ...
