Every week our fintech, regtech and legal experts write about KYC/AML compliance, discuss some ideas and controversial trends on identity verification, identity fraud and data protection. Get up to speed!
On May 9, 2019, Financial Crimes Enforcement Network (FinCEN) has published a new guidance sheet on businesses that operate using convertible virtual currencies (CVC). The
Setting up bank accounts, opening e-wallets, before completing any transactions users are asked to confirm their identity by undergoing KYC. Businesses are obliged by law
Compliance is not simple. Businesses have to meet KYC requirements, perform an AML screening (PEP, OFAC, UN, HMT, EU, DFAT sanctions lists, watchlists and adverse
Clients fleeing the company might be the sign of missing something important along the customer acquisition journey, or maybe the way itself was wrong to
Whether it is a lack of proper KYC forex standard, security fail or exhausting compliance routine — when your clients are leaving you in bulks
Earlier this year the Hong Kong Monetary Authority (HKMA) revised its regulatory expectation in respect of remote on-boarding. On February 1st, HKMA issued recommendations and indicated reasonable steps for
In a search of a way to improve our system, we are excited to present a newly developed faster solution to the verification process. No more time wasting for your clients — let them enjoy your platform!
When customers get started with your app, there’s an opportunity to engage them and make their journey lightning fast. Today we’re extremely proud to update
Security matters. All fintech, blockchain and gambling companies check data of users from all over the world. As there is no unified identity standard, every
There are a lot of laws and regulations regarding AML practices globally, and you might be wondering which major AML regulations will impact your business
Security Token Offering, otherwise referred to as STO, is simply a security represented as a token on the blockchain, marketed by issuers as a form
In response to growing concerns about the consequences of poor compliance with KYC/AML regulations, many regulators and legal entities around the world are revisiting the
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