KYC

Know Your Customer, alternatively known as know your client or simply KYC, is the process of a business verifying the identity of its clients and assessing their suitability, along with the potential risks of illegal intentions towards the business relationship.

Source: en.wikipedia.org

Shifting Crypto Regulations Spotlight Need For ID Verification
Shifting Crypto Regulations Spotlight Need For ID Verification
February 04, 2021  |  AML

In a bid to bring better transparency to corporate actions — and reduce fraud — in the digital age, the regulatory landscape is shifting. Get...

READ MORE >
How Mexico’s Central Bank Plans To Move Payments To Digital
How Mexico’s Central Bank Plans To Move Payments To Digital
January 06, 2021  |  Banking

In Mexico, the pandemic is moving the needle toward digital payments — specifically mobile payments — to become more widely embraced by businesses and consumers...

READ MORE >
Tracking The Trends That Shaped 2020’s The Digital-First Economy
Tracking The Trends That Shaped 2020’s The Digital-First Economy
January 01, 2021  |  Data

This year, the PYMNTS data and analytics team published 252 reports that tracked the data, innovations and disruptive thinking that are reshaping the payments and...

READ MORE >
Geolocation Puts A Pin In Anti-Fraud Solutions
Geolocation Puts A Pin In Anti-Fraud Solutions
December 29, 2020  |  Security & Fraud

With digital transactions and eCommerce soaring during the pandemic, the rate of increasingly sophisticated fraud has also risen. With it, financial institutions need to strengthen...

READ MORE >
Jumio: New Account Fraud Based On ID Verification Dropped 23.2 Percent
Jumio: New Account Fraud Based On ID Verification Dropped 23.2 Percent
December 15, 2020  |  Digital Identity

New Jumio data indicates that new account fraud based on identity verification fell 23.2 percent globally in 2020 in contrast to 2019, according to an...

READ MORE >
Video-Based KYC Fixes Its Gaze On Fraudsters
Video-Based KYC Fixes Its Gaze On Fraudsters
December 11, 2020  |  Authentication

Hide and seek is fun when you’re five, but it’s a tedious cat-and-mouse affair after you grow up and it turns into an interminable bout...

READ MORE >
Deep Dive: Why Video-Based KYC Is Key To Seamless, Cost-Effective FI Onboarding
Deep Dive: Why Video-Based KYC Is Key To Seamless, Cost-Effective FI Onboarding
December 10, 2020  |  Authentication

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Deep Dive: Cracking Down On Cryptocurrency Exchange Cybercrime With AML/KYC Compliance
Deep Dive: Cracking Down On Cryptocurrency Exchange Cybercrime With AML/KYC Compliance
December 10, 2020  |  AML

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Capital Float On The Path To Video-Based KYC Implementation
Capital Float On The Path To Video-Based KYC Implementation
December 09, 2020  |  Authentication

The pandemic has put small businesses in a world of financial hurt, with many looking to lenders for critical support. But lenders are facing their...

READ MORE >