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

Deep Dive: Payment Service Providers Level Up KYC, AML Strategies
Deep Dive: Payment Service Providers Level Up KYC, AML Strategies
January 27, 2020  |  AML

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Worldpay On Staying One Step Ahead of eCommerce Fraud
Worldpay On Staying One Step Ahead of eCommerce Fraud
January 24, 2020  |  AML

The world of eCommerce fraud changes so unpredictably that merchants often struggle to defend against all possible lines of attack — rendering old-school tactics like...

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Worldpay On Modernizing Security Defenses To Foil eCommerce Fraud
Worldpay On Modernizing Security Defenses To Foil eCommerce Fraud
January 23, 2020  |  AML

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Law Enforcement Cracks Down On Corporate Payments Fraud
Law Enforcement Cracks Down On Corporate Payments Fraud
December 23, 2019  |  B2B Payments

Payments messaging technology provider SWIFT recently opened up its Know Your Customer (KYC) platform, the KYC Registry, directly to corporates. The initiative enables 2,000 corporate...

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New Saga Crypto Implements AML, KYC Checks
New Saga Crypto Implements AML, KYC Checks
December 19, 2019  |  Cryptocurrency

A new form of cryptocurrency, called Saga, launched this week, with an eye toward answering some of the looming questions about the form. Saga was...

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SWIFT Expands Global KYC For Corporates
SWIFT Expands Global KYC For Corporates
December 16, 2019  |  Security & Fraud

SWIFT is launching its global Know Your Customer (KYC) registry to more corporate groups, SWIFT announced in a press release on Monday (Dec. 16). Get...

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Central Bank Of Sri Lanka Looks To Build KYC System On Blockchain Tech
Central Bank Of Sri Lanka Looks To Build KYC System On Blockchain Tech
December 02, 2019  |  Blockchain

The Central Bank of Sri Lanka has a call out for tech companies that can help it develop a blockchain-based know-your-customer (KYC) platform. Get the...

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How Cannabis Companies Can Leapfrog Into Payments Digitization
How Cannabis Companies Can Leapfrog Into Payments Digitization
November 19, 2019  |  B2B Payments

The compliance burden of a legal marijuana business having to manage regulations that vary by state, and between the state and federal level, has created...

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Amid KYC/AML – And eCommerce – Biometrics Gain Support
Amid KYC/AML – And eCommerce – Biometrics Gain Support
November 14, 2019  |  Today In Data

Customers want speed and security when transacting online or with various FIs and merchants. The problem is that fraudsters have increasingly been crafting new ways...

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