Denmark’s financial watchdog has instructed a Danish branch of Swedish bank SEB to obtain additional information on customers deemed to be a high money-laundering risk....
SWIFT announced Tuesday (February 12) that it opened its Know Your Customer platform, the KYC Registry, to corporate groups. In a press release, SWIFT said that...
It has been a busy year for the world of bank regulations, particularly Know Your Customer (KYC). Financial services regulations are notorious for their complexity...
Doing business in far-flung locales means contending with a veritable Tower of Babel – not just in disparate languages, but in regulatory environments that are...
$60 million. $300 million. One month, four months? Welcome to the well-meaning but truly inefficient world of onboarding and KYC -- where financial services firms...
SWIFT is opening up its KYC registry to more banks around the globe. The payments messaging company said Monday (July 17) that its KYC Registry...
Know Your Customer takes on a very different meaning at WePay. Kurt Bilafer, WePay Global Vice President, talks about how KYC is the only way...
Software firm Pegasystems targets the enterprise, but its latest venture is geared towards the financial institution. The company announced today (March 21) a new solution...
With an ever-increasing list of Know Your Customer regulations for banks doing international funds transfers, financial messaging network SWIFT is developing a new report to...