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

Trulioo Partners With Acuant To Enhance Online Identity Verification

Trulioo Partners With Acuant To Enhance Online Identity Verification
Trulioo Partners With Acuant To Enhance Online Identity Verification
June 12, 2018  |  Fraud Prevention

Trulioo, the global identity and business verification provider announced Tuesday (June 12) that it has partnered with Acuant, a global provider of data capture and...

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Money Laundering In The Crosshairs In Asia
Money Laundering In The Crosshairs In Asia
June 11, 2018  |  Regulation

Change across the regulatory compliance landscape is de rigueur, and global in scope. Crime, too, is global in scope, as fraudsters seek to perfect new end...

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Asian Banks Want Regulators To Allow More FinTech Solutions
Asian Banks Want Regulators To Allow More FinTech Solutions
June 07, 2018  |  Bank Regulation

As financial institutions grapple with compliance costs, a finance industry organization in Asia wants regulators to allow new technologies that could help them fight money...

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How To Make KYC Dynamic And Across Silos
How To Make KYC Dynamic And Across Silos
June 06, 2018  |  Digital Banking

FIs have to grapple with finTech upstarts, KYC mandates and eliminating “false positive” transactions, along with friction for the consumer. Breaking down silos within an...

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Nordic Banks Collaborate To Improve AML, KYC
Nordic Banks Collaborate To Improve AML, KYC
June 01, 2018  |  International

Five of the biggest banks in the Nordics are teaming up to create a joint anti-money laundering infrastructure. Get the Full Story Complete the form...

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Whose Customer Is It When Banks And FinTechs Collaborate?
Whose Customer Is It When Banks And FinTechs Collaborate?
May 30, 2018  |  Bank Regulation

FinTech and banks have long been painted as natural enemies vying for control of the future of consumer finances – but that view is a...

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Finding Another FinTech Angle To Tackle The Trade Finance Gap
Finding Another FinTech Angle To Tackle The Trade Finance Gap
May 23, 2018  |  B2B Payments

With a market gap as wide as $1.5 trillion, it’s no wonder the trade finance industry has landed the attention of FinTechs at a lightning...

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Crowe Horwath: ‘Risk Sandboxes’ Bolster Innovation While Managing Compliance
Crowe Horwath: ‘Risk Sandboxes’ Bolster Innovation While Managing Compliance
May 11, 2018  |  Risk Management

Innovation implies a break from the conventional ways of operating a business. Ultimately, innovation is oxygen for companies in almost any vertical, as competition demands...

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IdentityMind CTO: Firms’ Readiness For GDPR Varies Weeks Before Deadline
IdentityMind CTO: Firms’ Readiness For GDPR Varies Weeks Before Deadline
April 26, 2018  |  Data

A month away, and the General Data Protection Regulation (GDPR) looms large. Get the Full Story Complete the form to unlock this article and enjoy...

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