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)

PayCommerce Taps Dow Jones For Compliance Boost
PayCommerce Taps Dow Jones For Compliance Boost
June 01, 2017  |  B2B Payments

Cross-border B2B payments company PayCommerce is strengthening its compliance position through a new partnership with Dow Jones. PayCommerce said Wednesday (May 31) that it is...

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Nokia: The AI-Driven Rise Of Predictive Customer Service
Nokia: The AI-Driven Rise Of Predictive Customer Service
May 25, 2017  |  Analytics

There are few experiences more miserable for both parties than trying to resolve a technical problem with a service over the telephone. The customer, already...

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Capital One Launches Digital ID APIs For Web
Capital One Launches Digital ID APIs For Web
May 16, 2017  |  Authentication

Capital One announced Monday (May 15) it launched a pilot program that it says will make it easier for online services to identify customers, by...

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Using The Blockchain To Bring Banking To Everyone
Using The Blockchain To Bring Banking To Everyone
May 10, 2017  |  Ecosystems

Refugees are among the most unique groups of people for whom to enable mobile payments and other financial services. Clearly an acute need is there,...

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IDology: Taking A Broader View On Identity
IDology: Taking A Broader View On Identity
April 25, 2017  |  Security & Fraud

Identity isn’t static — authentication shouldn’t be either. In the latest installment of PYMNTS Commander In Chief Series, John Dancu, president and CEO of IDology, shares...

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Banks/FinTech — The Long And Winding (Regulatory) Road
Banks/FinTech — The Long And Winding (Regulatory) Road
April 25, 2017  |  Fintech Investments

In an age where FinTech upstarts, payments companies and banks vie for the same customers, might regulations force them to collaborate? In an interview with...

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Pegasystems Eyes RegTech Shortcomings
Pegasystems Eyes RegTech Shortcomings
March 02, 2017  |  B2B Payments

RegTech is here, but while major FIs are working with FinTech innovators to get a jumpstart on innovation in areas ranging from lending to P2P payments,...

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Rapid SMB Credit Decisions, Via The Cloud
Rapid SMB Credit Decisions, Via The Cloud
January 13, 2017  |  B2B Payments

The paper-based income statement and balance sheet models for SMB lending are inefficient at best and may not be the best arbiters of credit risk. Provenir...

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The Real-Time Fraud Intelligence Factor
The Real-Time Fraud Intelligence Factor
November 07, 2016  |  Security & Fraud

It’s getting harder for merchants to know who they are really doing business with because it’s gotten easier for fraudsters to disguise themselves as legitimate...

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