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

Digital IDs Help Open Banking Reach Its Fullest Potential

Digital IDs Help Open Banking Reach Its Fullest Potential
Digital IDs Help Open Banking Reach Its Fullest Potential
July 10, 2020  |  Digital Banking

Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen, chief operating officer...

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Deep Dive: How Overlapping Regulations And Fraud Risks Complicate SMBs’ B2B Cross-Border Payments
Deep Dive: How Overlapping Regulations And Fraud Risks Complicate SMBs’ B2B Cross-Border Payments
July 09, 2020  |  Smarter Payments

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How Automated Authentication Helps Propel SMB Loan Disbursements
How Automated Authentication Helps Propel SMB Loan Disbursements
July 06, 2020  |  Disbursements

The economic realities of COVID-19 have many small- to medium-sized businesses (SMBs) turning to lenders to keep their heads above water, but paper-based processes can...

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Deep Dive: How Loyalty Innovation Improves Member Relationships, Boosts Brand Awareness
Deep Dive: How Loyalty Innovation Improves Member Relationships, Boosts Brand Awareness
July 02, 2020  |  Credit Unions

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How Digitizing KYC Processes Helps Accelerate Onboarding
How Digitizing KYC Processes Helps Accelerate Onboarding
June 30, 2020  |  Digital-First Banking

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Wells Fargo: First Impressions Are Key When It Comes To Digital Onboarding
Wells Fargo: First Impressions Are Key When It Comes To Digital Onboarding
June 26, 2020  |  Digital-First Banking

Digital banking has become the new normal as social distancing guidelines and stay-at-home orders have drastically curbed financial institutions’ (FIs’) abilities to conduct in-branch services....

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Deep Dive: Using Payments Orchestration To Power International Growth
Deep Dive: Using Payments Orchestration To Power International Growth
June 23, 2020  |  Payments Innovation

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eBay’s Head Of Payments On Localizing Buyer-Seller Experiences
eBay’s Head Of Payments On Localizing Buyer-Seller Experiences
June 19, 2020  |  Payments Innovation

Merchants looking to expand their operations at home and abroad must be able to support their customers’ preferred payment methods, but doing so is no...

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Digital ID And The Real Me
Digital ID And The Real Me
June 12, 2020  |  Authentication

AML/KYC conventions that rely on paper documents and face-to-face meetings in offices are so last year. In fact, their time may have passed, it seems,...

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