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

Koble Reflects On What Trade Disputes Mean For B2B Matchmaking
Koble Reflects On What Trade Disputes Mean For B2B Matchmaking
October 08, 2018  |  B2B Payments

Understanding who one is doing business with is the first step to mitigating a myriad of risks, including non-compliance, non-payment, violated contracts and more. For...

READ MORE >
Fake IDs And Fraud’s Other Face
Fake IDs And Fraud’s Other Face
October 08, 2018  |  Security & Fraud

Among the many plots and ploys, fraudsters fake IDs. They make off with ill-gotten gains, hurting firms and consumers alike — and in the online...

READ MORE >
Gold: Sourced Digitally, Ethically And Via Blockchain
Gold: Sourced Digitally, Ethically And Via Blockchain
October 01, 2018  |  Blockchain

Can blockchain help improve transparency of — and even the ethics surrounding — the gold supply chain? Emergent Technology Holdings helps track where the yellow...

READ MORE >
Switzerland Eases Blockchain Firms’ Access To Bank Accounts
Switzerland Eases Blockchain Firms’ Access To Bank Accounts
September 21, 2018  |  B2B Payments

Switzerland is reportedly exploring ways to make it easier for blockchain companies to open corporate bank accounts as the government moves to prevent those innovators...

READ MORE >
Bitcoin Daily: High-Profile Firms Plan ‘Blockchain Association,’ Cryptos Tumbled 76 Percent Since January
Bitcoin Daily: High-Profile Firms Plan ‘Blockchain Association,’ Cryptos Tumbled 76 Percent Since January
September 13, 2018  |  Bitcoin

High-profile digital currency firms are reportedly banding together to create a lobbying organization called the Blockchain Association, The Washington Post reported. The group’s first focus...

READ MORE >
IdentityMind Debuts RegTech Webstore
IdentityMind Debuts RegTech Webstore
September 06, 2018  |  Regulation

IdentityMind Global has announced the launch of its IdentityMind Webstore, an online RegTech marketplace that enables firms to integrate regulatory compliance functions directly into their solutions....

READ MORE >
IdentityMind On The Need For FinTech Compliance Marketplaces
IdentityMind On The Need For FinTech Compliance Marketplaces
September 06, 2018  |  Regulation

Compliance and risk? The top of any FinTech’s to-do — and to-keep-doing — list. Automating that compliance is now a “need to have.” The age...

READ MORE >
The Three Types Of Risk To Remediate For SMBs
The Three Types Of Risk To Remediate For SMBs
August 27, 2018  |  B2B Payments

SMBs, paticularly micro-SMBs with fewer than 10 employees, face risks and risk challenges unique to all of financial services, Tide CEO Oliver Prill told Karen...

READ MORE >