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

Finding Another FinTech Angle To Tackle The Trade Finance Gap
Finding Another FinTech Angle To Tackle The Trade Finance Gap
May 23, 2018  |  B2B Payments

With a market gap as wide as $1.5 trillion, it’s no wonder the trade finance industry has landed the attention of FinTechs at a lightning...

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Crowe Horwath: ‘Risk Sandboxes’ Bolster Innovation While Managing Compliance
Crowe Horwath: ‘Risk Sandboxes’ Bolster Innovation While Managing Compliance
May 11, 2018  |  Risk Management

Innovation implies a break from the conventional ways of operating a business. Ultimately, innovation is oxygen for companies in almost any vertical, as competition demands...

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IdentityMind CTO: Firms’ Readiness For GDPR Varies Weeks Before Deadline
IdentityMind CTO: Firms’ Readiness For GDPR Varies Weeks Before Deadline
April 26, 2018  |  Data

A month away, and the General Data Protection Regulation (GDPR) looms large. Get the Full Story Complete the form to unlock this article and enjoy...

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FinServ Executives Frustrated With Lack Of Regulatory Harmony
FinServ Executives Frustrated With Lack Of Regulatory Harmony
April 23, 2018  |  B2B Payments

President Donald Trump and Brexit unsurprisingly dominate the conversation among executives surveyed by Duff & Phelps for its 2018 Global Regulatory Outlook survey. Get the...

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Cryptocurrency Exchanges Begin Going With The Grain Of Regulation
Cryptocurrency Exchanges Begin Going With The Grain Of Regulation
April 13, 2018  |  B2B Payments

Intense industry hype and alarming cryptocurrency volatility have led regulators the world over to perk up their ears to the growing number of cryptocurrency exchanges....

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Trulioo CEO: Putting Mobile’s “Know” Into “Know Your Customer”
Trulioo CEO: Putting Mobile’s “Know” Into “Know Your Customer”
April 11, 2018  |  Authentication

KYC for the digital age is no easy task across billions of consumers.  In the latest Beyond the Buzzword, Trulioo CEO Stephen Ufford states that...

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Paytm Secures $445 Million, Eyes Supplier Payments Amid KYC Pressures
Paytm Secures $445 Million, Eyes Supplier Payments Amid KYC Pressures
April 03, 2018  |  B2B Payments

Reuters reported news on Monday (April 2) that a regulatory filing has revealed $445 million being invested into India mobile wallet company Paytm by SoftBank...

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A Smarter Digital Footprint To Authenticate Customer Behavior
A Smarter Digital Footprint To Authenticate Customer Behavior
March 29, 2018  |  Authentication

Most people believe that their personal information is for sale on the dark web — and they’re probably right. That only makes the job of...

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NEW REPORT: The Case For A Digital DNA
NEW REPORT: The Case For A Digital DNA
March 28, 2018  |  Authentication

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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