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 SMBs’ Digital Banking Demands Change The KYC Challenge For Banks
How SMBs’ Digital Banking Demands Change The KYC Challenge For Banks
November 14, 2019  |  B2B Payments

While small businesses often struggle with a lack of integrated digital tools from their traditional financial service providers, the friction in small business banking is...

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Zillow: Tackling Real Estate’s $1.6T Money Laundering Epidemic
Zillow: Tackling Real Estate’s $1.6T Money Laundering Epidemic
November 11, 2019  |  AML

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Deep Dive: Digital ID Systems Wrestle With Ethics
Deep Dive: Digital ID Systems Wrestle With Ethics
November 07, 2019  |  Authentication

Digital identities are flexibly changing forms as they gain ubiquity. Consumers around the world log in to eBay with their Facebook profiles, purchase lunches with...

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GIACT Fraud Platform Now Automates PII Monitoring
GIACT Fraud Platform Now Automates PII Monitoring
October 28, 2019  |  Security & Fraud

Identity verification solutions provider GIACT Systems has announced the launch of an automated identity monitoring service called gIDENTIFY Persistent Monitoring, the company announced in a...

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Jumio’s New AI Tool Verifies Identity In Real Time
Jumio’s New AI Tool Verifies Identity In Real Time
October 28, 2019  |  Security & Fraud

Jumio has announced the beta release of Jumio Go, the company’s first real-time, fully automated identity verification solution. Get the Full Story Complete the form...

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How US Bank Is Using Machine Learning To Tackle Fraud
How US Bank Is Using Machine Learning To Tackle Fraud
September 18, 2019  |  Digital Banking

For FIs, staying secure requires a fundamental shift in how they protect against account opening fraud and synthetic identity theft, says Dominic Venturo, executive vice...

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JPMC Adds Deutsche Bank To Blockchain Roster
JPMC Adds Deutsche Bank To Blockchain Roster
September 15, 2019  |  Blockchain

Deutsche Bank, Germany’s largest bank, is joining the 320 banks in the JPMorgan Chase-led blockchain initiative, the Financial Times reported Sunday (Sept. 15). Get the...

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