Blog

Anti-fraud is important. Above all, it is important for AML, as fraudsters go out of their way to launder money, and businesses need to protect

Under the EU General Data Protection Regulation 2016/679 (GDPR) almost every company established outside the EU, but which is processing the personal data of people

On 31’st of October 2019 The Financial Action Task Force (FATF) has published a new 77-page draft guidance. In it, FATF comments on how Digital

SSN is often thought of as a simple and traditional method of the US citizen’s verification. However, SSN has its specific purpose and has never

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

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