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!
The highlights Why the illegal wildlife trade is everyone’s problem How criminals launder money from the illegal wildlife trade How to prevent money laundering from
On 5 March 2020, South Korea passed an amendment to the Act on the Reporting and Use of Specific Financial Transaction Information. It will come
Transaction monitoring is the dark horse of compliance. The topic and the rules surrounding it often lead to confusion and result in businesses struggling to
2020 has been a tough year for all of us, and yet, we have worked hard to make it into something positive for our platform.
On 21 May 2020, AMLD5 came into force in the Netherlands in the form of the amendments to the Money Laundering and Terrorist Financing Prevention
As of January 2020, the Payment Services Act has been effective in Singapore. The new law has permitted the cryptocurrency business to operate in the
Video identification is already a must in Germany, Austria, Switzerland, Liechtenstein, and, from July, Estonia. Other jurisdictions, such as the Czech Republic, are also looking
While automated KYC procedures can help you to onboard customers efficiently and save a fair bit of money, getting automation to work can be quite challenging. How
In December 2019, the US Treasury Department sanctioned Nazem Said Ahmad, a prominent gallerist from Beirut. The investigation has proven that Mr. Ahmad used his
Innovation doesn’t add as much value if it is not trustworthy. That’s why, while translating complex processes into automation, we’re always trying our best to
Compliance demands push companies to have multiple scenarios for different customer segments, based on anything from the location to the identification method. To set these
If you’ve ever worked on an app, you’ll know the value of the first impression. The onboarding experience is the first ‘hello’ to your users.
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