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

Startup Roundup: Changing The Name Of The Game
Startup Roundup: Changing The Name Of The Game
January 31, 2018  |  Startup Roundup

January is a month of New Year’s resolutions for the masses, and it was no different for these startups, many of which have launched or...

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Bridging The 40 Percent Gap In Online Banking
Bridging The 40 Percent Gap In Online Banking
January 31, 2018  |  Authentication

In life, 40 percent of anything is a lot. In online banking, 40 percent abandonment is … intolerable. As many as four in 10 consumers...

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Cross-Border Payments, Sans Friction    
Cross-Border Payments, Sans Friction    
January 29, 2018  |  Cross Border Commerce

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The Secret To Fast Onboarding? Know Who Knows Your Customer
The Secret To Fast Onboarding? Know Who Knows Your Customer
January 26, 2018  |  Startup Check-In

In the old days, Singapore’s retail market was dominated by big corporate merchants with storefronts, whose size, numbers and name-brand recognition made it feasible to...

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KYC, Global, Mobile And Smartphone-Focused
KYC, Global, Mobile And Smartphone-Focused
January 24, 2018  |  Mobile

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...

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“AML Solutions Are Still Stuck In The Middle Ages”
“AML Solutions Are Still Stuck In The Middle Ages”
January 17, 2018  |  Security & Fraud

  AML. Switch the acronym a bit. Let’s try “LMA”: Here we could say it stands for “Laggard from the Middle Ages.” The first acronym,...

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Credit Unions Use Big Data To Hone The Big Picture
Credit Unions Use Big Data To Hone The Big Picture
January 04, 2018  |  Big Data

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Trulioo GM On Where KYC Falls Short
Trulioo GM On Where KYC Falls Short
January 03, 2018  |  Security & Fraud

Knowing your customer (KYC) is only part of the battle in making sure payments — and just about everything else tied to a business —...

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KYC: Knowing Your (Onboarding) Costs
KYC: Knowing Your (Onboarding) Costs
October 31, 2017  |  Data Drivers

$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...

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