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

Banks Target Repeat Checks That Drive Customers Away

Banks Target Repeat Checks That Drive Customers Away
Banks Target Repeat Checks That Drive Customers Away
August 19, 2026  |  Digital Identity

A Financial Crimes Enforcement Network (FinCEN)-observed pilot is testing whether completed customer verification work can be documented in standardized records and evaluated by other financial...

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Veriff and Uphold on Verifying Customers for the Life of the Account
Veriff and Uphold on Verifying Customers for the Life of the Account
August 12, 2026  |  Digital Identity

Watch more: Verified Once, Trade Everywhere: Turning KYC Into a Growth Engine Get the Full Story Complete the form to unlock this article and enjoy...

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KYC Models Become Boardroom Issue as Costs Climb
KYC Models Become Boardroom Issue as Costs Climb
June 12, 2026  |  Digital Identity

Compliance executives have traditionally evaluated identity programs by asking whether they satisfied regulators and prevented fraud. Get the Full Story Complete the form to unlock...

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Citi Used AI to Shrink a 60-Minute Document Review to 15 Minutes
Citi Used AI to Shrink a 60-Minute Document Review to 15 Minutes
June 04, 2026  |  Banking

Banks have spent years launching artificial intelligence (AI) chatbots and virtual assistants. Citigroup’s latest deployment is less visible and more valuable: an AI document-processing system...

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Why CFOs Are Getting Smart on B2B Card’s Identity Benefits
Why CFOs Are Getting Smart on B2B Card’s Identity Benefits
May 15, 2026  |  B2B Payments

CFOs are asking more of their B2B payments. And for the first time, B2B payments can deliver. Digital innovations like virtual cards and embedded payments...

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Why the DIY KYC Model Is Facing a Fraud Reality Check
Why the DIY KYC Model Is Facing a Fraud Reality Check
May 14, 2026  |  Digital Identity

A collaboration between PYMNTS Intelligence and Trulioo, “Built or Bought: How KYC/KYB Ownership Shapes Risk, Cost and Growth” examines how companies’ choices about identity verification...

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The Enterprise Security Stack Is Moving to the Edge
The Enterprise Security Stack Is Moving to the Edge
May 11, 2026  |  Digital Identity

One uncomfortable truth about digital identity is that it both tends to, and needs to, conform to the dominant architectures of existing digital experiences and...

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Stablecoins Meet Real World Commerce, but KYC Keeps Breaking the Experience
Stablecoins Meet Real World Commerce, but KYC Keeps Breaking the Experience
April 02, 2026  |  Cryptocurrency

Operating under a nation’s laws doesn’t mean that a business is necessarily complying with them. Get the Full Story Complete the form to unlock this...

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