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!
Although there is a lack of official announcements, cryptomarket braces to face new crypto demands, as FCA continuously recruits compliance officers in the UK, Czech
Commercial transactions between companies and individuals often lack trust and confidence. There is always a chance that electronically sent documents could have been altered to
Cryptocurrency regulations are on the rise — we have been hearing this phrase for the past year a lot. Some of the noise is hype,
Online marketplaces revolutionized shopping experience with remote and friction-free transactions available through multiple payment options. It also opened a new platform for cybercriminals. The absence
There is often too much going on in corporations to see the whole picture. Get a snapshot of your corporate clients’ internal activity — review
During a Plenary meeting held on the 21st of June 2019, FATF finalized their recommendations on cryptocurrency regulation. From now on “virtual asset service providers”
After four years as an observer, Saudi Arabia joins the other 38 members of the FATF (Financial Action Task Force) to dictate internationally accepted standards,
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
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