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

How Wix Fights The Money Laundering Threat With Data Analytics
How Wix Fights The Money Laundering Threat With Data Analytics
October 06, 2020  |  AML

‘Know thine enemy’ is the first rule of stopping money launderers in their tracks, but KYC and AML compliance can be challenging for SMBs, Amit...

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Report: Helping Online SMBs Bridge The AML Compliance Knowledge Gap
Report: Helping Online SMBs Bridge The AML Compliance Knowledge Gap
October 05, 2020  |  AML

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Jumio To Integrate Beam’s AML Platform To Boost Financial Crime Detection Capabilities
Jumio To Integrate Beam’s AML Platform To Boost Financial Crime Detection Capabilities
September 29, 2020  |  Partnerships / Acquisitions

Jumio, known for its suite of artificial intelligence (AI)-powered identity verification and online know your customer (KYC) products, is beefing up its anti-money laundering (AML)...

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Deep Dive: How Onboarding Portals Ease Vendor Data Gathering And Management
Deep Dive: How Onboarding Portals Ease Vendor Data Gathering And Management
September 28, 2020  |  CFO

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Remittances Get A Needed Boost From AML/KYC/CTF
Remittances Get A Needed Boost From AML/KYC/CTF
September 24, 2020  |  Security & Fraud

Remittances are a lifeline for those working abroad and sending funds to with loved ones back in their country of origin. But COVID-era workarounds like...

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Deep Dive: How Regulatory Compliance Tools Help Keep Remittances Flowing
Deep Dive: How Regulatory Compliance Tools Help Keep Remittances Flowing
September 24, 2020  |  Smarter Payments

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The Pandemic-Driven Adoption Of Digitized Remittances For Singapore’s Foreign Workers
The Pandemic-Driven Adoption Of Digitized Remittances For Singapore’s Foreign Workers
September 23, 2020  |  Smarter Payments

Mobile remittances have become a financial lifeline for households around the globe, but the giant shift to mobile amid the pandemic has also opened the...

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Report: Hanging Up The Phone On Mobile Remittance Fraud
Report: Hanging Up The Phone On Mobile Remittance Fraud
September 22, 2020  |  Smarter Payments

Cross-border remittances are a lifeline for many households who depend on family members working abroad to send funds home. These international money flows reached $689...

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FinCEN Files Show Banks’ Use Of AI And Machine Learning Effective In KYC/AML
FinCEN Files Show Banks’ Use Of AI And Machine Learning Effective In KYC/AML
September 21, 2020  |  Security & Fraud

Gross negligence – or evidence of a battle waged by banks that requires new, high-tech weaponry? Get the Full Story Complete the form to unlock...

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