2024-04-15 10:24
Does it matter today whether we verify business identities? Definitely yes. This has become a primary need because businesses communicate with multiple partners, visitors and customers daily… Read More
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Age Verification In The Alcohol Industry Blog
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fraud
kyc companies
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age verification
Age verification solutions are crucial in both alcohol & tobacco companies. Prevent selling alcohol to minors with strict regulations on a global level
2024-03-29 06:10
With the growth of companies, there has also been an increase in fraud risks. Businesses have consequently begun to adopt fraud prevention solutions due to the rise in digital criminal activ… Read More
2024-02-09 05:07
The significance of a robust identity verification process cannot be overstated while businesses are struggling to deal with online frauds & thefts. The online transactions are growing c… Read More
2023-12-21 06:52
In a world increasingly shaped by digital interactions, the significance of robust age verification solutions cannot be overstated. As we traverse the vast landscape of online transactions… Read More
2023-11-29 06:15
As the digital landscape evolves rapidly in 2023, robust Know Your Customer (KYC) solutions are more necessary than ever. KYC companies serve as the guardians of secure and compliant transac… Read More
2023-11-01 12:34
In the fast-evolving world of cryptocurrency, Know Your Customer procedures remain a cornerstone of identity verification and security for crypto exchanges in 2023. This comprehensive guide… Read More
2023-09-25 09:36
While IDV using traditional KYC methods is deemed outdated and remote interactions and transactions have become paramount, video KYC has turned out to be a game-changer in the world of Digit… Read More
2022-11-28 09:28
Today, all nations have adopted MRZ code ID document formats as part of their AML-CFT travel-security measures. This blog helps one understand what is an MRZ code, with special highlights on… Read More
2022-11-22 13:33
Recent technological innovations like deepfake detection, face liveness verification, and biometric facial recognition have immensely solved the challenges of troubleshooting ‘how to s… Read More
2022-11-14 12:00
Money Laundering Explained – Criminal activities generate huge illegitimate cash that needs to be converted into plausible income for lawful access without raising doubts or retaliatio… Read More
2022-11-09 10:00
Contents:
Fintech and Money Laundering Pain Points
Why Fintech AML Compliance is Important
AML in Fintech-Associated Risk and Challenges
How to Select an Effective Fintech AML Solution
Anti… Read More
2022-11-07 09:21
Contents:
Banks and Money Laundering
Steps to Achieve AML in Financial Services
Banking AML Compliance and SAR, STR filings
How to Ensure Optimal AML in Finance Procedures
Anti-Money Launde… Read More
2022-11-02 06:00
Contents:
Why is AML in the Payment Sector required?
AML Transaction Screening
AML Transaction Monitoring
Challenges in AML Transaction Monitoring
Selecting the Best AML Solution for Paymen… Read More
2022-10-31 10:15
Contents
Why is Automated Identity Verification in Payments Important
Merchant Underwriting and Merchant Identity Verification Checks
Risk Automation in Payment Processing
Merchant Due Dil… Read More
2022-10-26 18:10
Automated client onboarding software for a smooth and secure user experience is vital to fintech success. However, this client solution must be achieved alongside a robust anti-money launder… Read More
2022-10-24 16:30
KYC automation in the BFSI sector is crucial to fulfilling customer onboarding and due diligence measures. The BFSI (banking, financial services, and insurance) sector is most prone to money… Read More
2022-10-19 06:48
Contents
International AML-CFT Standards
The U.S. Bank Secrecy and PATRIOT Acts
The U.K. POCA Act and FCA Compliance
The EU AMLDs and eIDAS Guidelines
COAF and BCB Identity Verification… Read More
2022-10-13 12:39
Contents
Easy integration with the existing security infrastructure
Recent trends in biometric technology
The shifting identity verification trends with Blockchain technology
Frictionless K… Read More
2022-09-19 07:34
The write-up highlights Know Your Transaction (KYT), what is KYT, why KYT is important, and that only KYC isn’t enough today to fight money laundering, terrorism, and other financial c… Read More
2022-09-12 14:47
Contents
What is KYC
Why KYC Identity Verification is Important
Which Industries Require KYC Verification Services
KYC from a Regulatory Perspective
KYC Compliance in Various Countries
KYC… Read More
2022-08-29 09:51
How Does AML apply to Crypto?
Cryptocurrency advancement and its affiliations with financial crimes go hand in hand. Anti-Money Laundering (AML) in crypto is continuously evolving for its co… Read More
2022-08-22 09:46
Sanctions compliance applies to client onboarding, transaction monitoring, and transaction screening to mitigate money laundering and terrorist financing (ML-TF) threats. Although there are… Read More
Important AML-CFT Procedures To Combat The Unrelenting Threat Of Trade-Based Money Laundering (TBML)
2022-08-17 08:10
Contents
What is Trade-Based Money Laundering?
Widespread TBML Methodologies Exploited by Money Launderers
Major TBML Red-Flag Checks for Customs and Financial Institutions
How Regulated… Read More
2022-08-08 06:41
Contents
Why is Transaction Monitoring Important?AML Transaction Monitoring – The Flow of EventsTransaction Monitoring Software in Today’s Digital MilieuFATF Recommendation Me… Read More
2022-08-01 06:28
Contents
The Definition
The 1st, 2nd, and 3rd EU Anti-Money Laundering Directives
The 4th EU AML Directive (4AMLD) came into effect on June 26th, 2017
The 5th EU AML Directive (5AMLD) came… Read More
2022-07-25 13:18
Contents
The Wolfsberg Principles
The Egmont Group of Financial Intelligent Units
Basel Committee on Banking Supervision
Transparency International
Economic Sanctions
The Wolfsberg Principl… Read More
2022-07-18 10:14
Contents
FATF Style Regional Bodies (FSRBs)
Asia/Pacific Group on Money Laundering (APG)
Caribbean Financial Action Task Force (CFATF)
Council of Europe Committee of Experts on the Evaluatio… Read More
2022-07-11 06:57
Contents
What is the Financial Action Task Force (FATF)?
FATF Member Nations and Observer Nations
FATF Blacklist and FATF Grey list
FATF 40 AML Recommendations
Recommendations IX
Performan… Read More
2022-07-04 07:15
Contents
Scope and Industry Requirements
Types of Online Verification Methods
Face Recognition vs. Face Comparison Technology
Global Identity Verification Regulations and Standards
Similarit… Read More
2022-05-16 10:56
The need for global ID verification solutions in the retail and eCommerce industries has become increasingly evident over the past few years. As more large retailers and eCommerce sites come… Read More
2022-05-11 04:47
Did you know biometric authentication started back in second-century China with Empress Tu using fingerprints to seal documents? The modern biometric identity verification system was designe… Read More
2022-04-18 04:51
Since the inception of Know Your Customer (KYC) regulations, automated KYC solutions and identity verification are vital to meet customer and institution expectations. Anti-Money Laundering… Read More
2022-04-04 09:35
Face verification may now be a fun way to unlock your smart devices and play dress-up, but it was meant to be a deterrent for data theft and to ease user onboarding. Including face ID verifi… Read More
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