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

Not Knowing How to Measure Data’s Effectiveness Holds Small Business Lenders Back

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Not Knowing How to Measure Data’s Effectiveness Holds Small Business Lenders Back
August 29, 2023  |  SMBs

Small- to medium-sized businesses are tough. “It’s a resilient sector made up of business segments that are seeing strong growth,” Hicham Oudghiri, co-founder and CEO of Enigma...

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Trulioo Debuts Advanced Person Matching Tools
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August 24, 2023  |  Digital Identity

Identity verification platform Trulioo has unveiled new person-matching capabilities.  The launch, announced Thursday (Aug. 24), gives companies an alternative to working with multiple vendors to verify identities using...

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ComplyAdvantage and FullCircl Team to Boost AML Services
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July 03, 2023  |  Partnerships

ComplyAdvantage has teamed with FullCircl to offer a new onboarding/customer lifecycle management solution. The partnership, announced in a news release Monday (July 3), offers customers a suite of know...

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Trulioo Expands ID Verification Platform’s AI-Powered Offerings
Trulioo Expands ID Verification Platform’s AI-Powered Offerings
June 06, 2023  |  Authentication

Trulioo has debuted expanded versions of its know your customer (KYC) and know your business (KYB) identity verification tools. The updates include expanded geographic coverage, “localization...

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AI Reshapes Regulatory Compliance by Modernizing Risk Frameworks
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The 21st century’s digitization has transformed the financial crime landscape, arming cybercriminals with new tactics. Fortunately, as the world evolves, organizations are increasingly able to fight...

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Predictive artificial intelligence (AI) has long been a chief financial officer’s best friend. For years, the cutting-edge tech, better known as machine learning (ML) or...

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Smile Identity Acquires Appruve to Expand Identity Verification Across Africa
Smile Identity Acquires Appruve to Expand Identity Verification Across Africa
April 26, 2023  |  Partnerships

Smile Identity has acquired Appruve to expand its digital identity verification solution across Africa. In addition to buying Appruve’s parent company, Inclusive Innovations, Smile Identity is working to finalize...

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Sparkle COO Says Open Banking Builds Trust by Putting Consumers in Control of Their Data
Sparkle COO Says Open Banking Builds Trust by Putting Consumers in Control of Their Data
April 19, 2023  |  Banking

After years of advocacy, open banking is now live in Nigeria, the first country in sub-Saharan Africa to adopt the regulation. The launch marks an...

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