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

Slice Uses APIs To Take A Bite Out Of Address Verification

Slice Uses APIs To Take A Bite Out Of Address Verification
Slice Uses APIs To Take A Bite Out Of Address Verification
December 04, 2020  |  Digital Onboarding

Onboarding customers and easing checkout processes are key issues for eCommerce companies. Not getting this right can cost online merchants as much as $4 trillion...

READ MORE >
Virtual IBANs Remove Friction From Cross-Border, B2B Payments
Virtual IBANs Remove Friction From Cross-Border, B2B Payments
November 06, 2020  |  Banking

As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to...

READ MORE >
Refinitiv Acquires GIACT To Build End-to-End Fraud And Risk Platform
Refinitiv Acquires GIACT To Build End-to-End Fraud And Risk Platform
November 02, 2020  |  Partnerships

The digital conversion of financial services was already well underway before COVID-19, but the pandemic and the physical world’s resultant shutdown pushed it into overdrive...

READ MORE >
TransferWise On The Faster Future Of Cross-Border Payments
TransferWise On The Faster Future Of Cross-Border Payments
October 16, 2020  |  Payments Innovation

Cross-border payments continue to be notorious for being slow and costly, with each FI involved in processing the transaction attaching additional fees. In this month’s...

READ MORE >
Report: Zulily On How Digital IDs Help Flag Account Takeovers
Report: Zulily On How Digital IDs Help Flag Account Takeovers
October 13, 2020  |  Authentication

Consumers are relying more heavily on eCommerce during the pandemic, and they have high standards for what digital shopping should be like. A recent study...

READ MORE >
AI-Fueled ID Verification Is Redefining Friction
AI-Fueled ID Verification Is Redefining Friction
October 08, 2020  |  Artificial Intelligence

There is no “workaround” for the great digital shift, and remote onboarding is the way of the world now. Fortunately, that’s being well-managed with technology...

READ MORE >
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...

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

Money laundering is a pervasive threat, with the United Nations estimating that up to $2 trillion is laundered each year, equivalent to 5% of the...

READ MORE >