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!
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
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
RESOURCES
ABOUT US
© Sum And Substance Ltd (UK), 2019. All rights reserved.
Data Protection Registration Number: ZA222205. Company Registration Number: 09688671
Sum&Substance is registered with the Information Commissioner’s. Office in compliance with the Data Protection Act 1998. Supports 256-bit TLS encryption on every device.
Questions? Schedule some time to talk with one of our experts.
We will get in touch with you shortly.
