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

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? Get the Full Story...

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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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Regulation, Corporate Demands Force Banks To Hustle
Regulation, Corporate Demands Force Banks To Hustle
September 22, 2016  |  B2B Payments

Know Your Customer regulations can mean corporations have to wait as long as three months — yes, months — to get onboarded to a new...

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Misys Places Its Blockchain Bets
Misys Places Its Blockchain Bets
August 04, 2016  |  B2B Payments

With the overexcitement of blockchain technology beginning to quiet down to talk of more practical use cases of the technology, some industry analysts are betting...

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The Authentication Crack In Bureau Data
The Authentication Crack In Bureau Data
July 05, 2016  |  Security & Fraud

Canada just said that it was OK for FIs to use “non-traditional” data sources to validate a consumer’s identity. It’s seen as a big victory...

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Pegasystems Rolls Out KYC Aid For Banks
Pegasystems Rolls Out KYC Aid For Banks
March 21, 2016  |  B2B Payments

Software firm Pegasystems targets the enterprise, but its latest venture is geared towards the financial institution. The company announced today (March 21) a new solution...

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