Know Your Customer

KYC (Know Your Customer) compliance is a vital process for banks, fintechs, insurers, and other regulated organizations. By verifying the identities of your customers and assessing their risk profiles, you […]

AML (Anti-Money Laundering) and KYC (Know Your Customer) risk management have long been at the core of banking. In fact, financial institutions risk liability and missing business opportunities if they […]

Know Your Customer (KYC) is the process by which banks and other regulated institutions verify their customers’ identities and information, in order to prevent fraud and comply with AML/CTF regulations. […]

Financial institutions face growing pressure to authenticate customer identities, detect financial crime, and comply with shifting KYC and AML regulations, all without slowing down onboarding or harming customer experience. But […]

Know Your Customer (KYC) onboarding is the first line of defense between your organization and its customers, and it’s where most financial crimes are either detected and prevented or slip […]

Know Your Customer (KYC) remediation occurs after onboarding is complete. Remediation is the process of digging into existing client files to fix missing or expired information, update changes in ownership, […]

Financial institutions are required to “know their customer,” but the terms KYC and CDD are often confused or treated as separate processes. Customer Due Diligence (CDD) is a subset of […]

Banks are required to gather Know Your Customer (KYC) documents to comply with regulations, but they must also validate the documents are authentic, accurate, and associated with the actual real […]

Financial institutions and fintechs are facing increasing pressure to onboard customers quickly without missing hidden risks. Traditional manual Know Your Customer (KYC) solutions can’t keep pace with digital onboarding, global […]

Know Your Customer (KYC) verification is a critical component of any financial compliance program. KYC verification is the process of verifying an individual’s or entity’s identity to confirm that they […]

Cryptocurrency has evolved from an experimental fad to a worldwide market. As it has grown in popularity, regulators around the world have made one thing clear: the platforms used to […]