Every week our fintech, regtech, and legal experts write about compliance, best practices and controversial trends on KYC/AML, identity fraud, and data protection. Get up to speed!
On March 19th, 2021, the Financial Action Task Force (FATF), a global AML standard-setting authority, published a draft of their updated “Guidance for a risk-based
For fintech businesses, compliance isn’t simple. They have to meet KYC requirements, perform AML screenings, and take preventive measures against fraud. If they fail to
Over 80% of smartphones are now enabled with NFC (near-field communication). As the technology grows in popularity, more companies are exploring ways to implement NFC
![All You Need to Know About Remote Verification in Canada [Updated August 2021]](https://sumsub.com/wp-content/uploads/2020/04/ximgonline-com-ua-Resize-n9je0QXYKXUfCxj-300x200.png.pagespeed.ic.nq4i4e8mmZ.png "All You Need to Know About Remote Verification in Canada [Updated August 2021], image")
In 2019, amendments to Canada’s primary AML regulation (PCMLTFA) came into force, permitting remote photo ID verification in Canada. In June 2021, Canada’s financial regulator
From criminal activity to ever-increasing regulatory pressure, there are plenty of risks associated with forex platforms that can lead to substantial losses—leaving many traders extremely
My name is Tony and I’m the Chief Legal Officer at Sumsub. Our legal team has a wide range of duties, ranging from internal compliance
On December 21, 2020, Zamira Hajiyeva, the wife of jailed Azerbaijani banker Jahangir Hajiyev, lost an appeal against a court ruling that will seize her
![Turkey Enacts Its First Crypto Regulations: Here’s How Businesses Can Adapt [Updated July 2021]](https://sumsub.com/wp-content/uploads/2021/07/xTyrkey_cover-3-300x200.png.pagespeed.ic.DSHZnEQGIf.jpg "Turkey Enacts Its First Crypto Regulations: Here’s How Businesses Can Adapt [Updated July 2021], image")
In 2020, Turkey had the world’s 4th highest cryptocurrency use rate due to its plummeting national currency and alarming inflation. Additionally, cryptocurrencies were largely unregulated
Indonesia is the largest and fastest-growing digital economy in Southeast Asia, expected to reach $130 billion by 2025. Now the country is close to passing
![Canada Amends its AML Law—Here’s What Changed and How to Comply [Updated July 2021]](https://sumsub.com/wp-content/uploads/2021/07/1000х667-Canada-300x200.png "Canada Amends its AML Law—Here’s What Changed and How to Comply [Updated July 2021], image")
In June 2021, amendments to the PCMLTFA, Canada’s AML law, came into force. FINTRAC, Canada’s financial regulator, will only begin assessing compliance with the amendments on
In June 2021, France enacted new crypto regulations that impact not only French companies, but also international crypto firms seeking to operate in France. The
Why should you read this? Research shows that an average online form has over 14 fields. This could be a source of frustration for users,
ABOUT US
DEVELOPERS
🎁 FROM THE BLOG
Sum&Substance is registered with the Information Commissioner’s Office in line with the Data Protection Act 2018. Supports 256-bit TLS encryption on every device.
© Sum And Substance Ltd (UK), 2021. All rights reserved.
Data Protection Registration Number: ZA222205. Company Registration Number: 09688671. Address: 30 St. Mary Axe, London, England, EC3A 8BF.
Thank you for subscribing to our newsletters.
We are always happy to help you in case of any questions.
Feel free to contact us at [email protected]
Thanks for contacting us!
We will get in touch with you shortly.
Be up and running in minutes.
Questions? Schedule some time to talk with one of our experts.
This contact form is available only for logged in users.
