Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures are essential components of a robust compliance framework for financial institutions worldwide. These procedures help to prevent ...

Are your Know Your Customer (KYC) processes working? Or have you fallen trap to misconceptions that can not only make your processes more difficult but put your organization and customers at risk? KYC ...

The March 2023 Hindenburg research report on Block Inc’s significantly exaggerated number of legitimate users raises questions about the accuracy of businesses’ customer identity verification. The ...

KYC (Know Your Customer) and Due Diligence are key elements for the successful operation of any business, especially in today's globalized world, where the risks of fraud and financial crimes are ...

Financial services in a non-face-to-face format are actively being integrated into our lives and, like any new phenomenon, are introducing new concepts and terms. The idea that KYC and AML are ...

Crypto exchanges have started applying situational KYC to fight against illegal activities without compromising user experience and financial freedom. KYC, which stands for "Know Your Customer," is a ...