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

JPMC Adds Deutsche Bank To Blockchain Roster
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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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New Netherlands Regs Could Ban Foreign Crypto Firms
New Netherlands Regs Could Ban Foreign Crypto Firms
September 12, 2019  |  Cryptocurrency

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Libra Forces Cryptocurrency Regulators To Reexamine Procedures
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September 12, 2019  |  Regulation

Facebook’s Libra project has renewed focus on how cryptocurrencies are regulated, with current rules on the sector patchy and varying from country to country. Get...

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September 11, 2019  |  Today In Data

The regulatory landscape has become stricter – and more expensive – as enterprises and FIs grapple with fraudsters and seek to protect data and dollars. In...

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Top News In Payments: Stripe Grows Presence In Europe; Apple Introduces Fall Lineup
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Today in the payments news roundup, Stripe is rolling out its offerings in eight new European countries. Also, the new iPhones and the rest of Apple’s...

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How FinTech Apps Can Ace Security
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September 10, 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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Japan’s LINE has been approved for a cryptocurrency business license in the country, allowing it to offer its crypto exchange services in Japan. Get the...

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