Source: en.wikipedia.org
It has been a busy year for the world of bank regulations, particularly Know Your Customer (KYC). Financial services regulations are notorious for their complexity...
Blockchain company R3 is putting its Know Your Customer (KYC) solution to the test with dozens of French companies and corporate treasurers, according to BTC...
With government and private sector-led initiatives pushing for faster, digital payments across the globe, corporates and financial institutions are still missing a key element of...
Verifying the identities of new users during onboarding is only part of the authentication challenge. Many consumers — particularly younger, tech-savvy ones — want access...
The global regulatory framework of cryptocurrencies and blockchain remains either fragmented, vague or simply nonexistent. However, Swiss officials recently took steps to get ahead of...
The People’s Bank of China has announced new anti-money laundering (AML) and counter-terrorism financing regulations for online financial institutions (FIs). According to Reuters, the new...
Danske Bank is among only the latest headlines tied to money laundering. However, according to one recent report, 90 percent of Europe's biggest banks have...
Understanding who one is doing business with is the first step to mitigating a myriad of risks, including non-compliance, non-payment, violated contracts and more. For...
Among the many plots and ploys, fraudsters fake IDs. They make off with ill-gotten gains, hurting firms and consumers alike — and in the online...