Tag: Compliance
What is the Travel Rule for crypto?
Cryptocurrency is becoming increasingly popular, but so is its use for money laundering. The Financial Action Task Force (FATF) recently revealed the Travel Rule for crypto, but what does this mean?
Digital images and selfies no longer KYC/AML compliant
Digital images and selfies have been a staple for online verification for many years. However, Electronic IDentification has warned that they are no longer KYC/AML compliant.
EMTECH secures $4m for its financial inclusion mission
EMTECH, which is on a mission to drive financial inclusion around the world, has reportedly raised $4m in funding.
Why cyber risk is a core part of ESG
As COP27 takes place, it is a reminder of how interweaved ESG will be in the future of the financial marketplace. KYND, a cyber risk technology developer, has released a report exploring the unsung hero of ESG – cyber risk.
TRM Labs bags $70m to help stop crypto-related fraud
TRM Labs, a blockchain intelligence detecting crypto-related fraud and financial crime, has raised $70m for its Series B funding round.
ION extends its cleared derivatives product suite
ION, which develops a plethora of financial software to transform workflows, has expanded its cleared derivatives offering.
SEON launches free fraud prevention tool for businesses
Online fraud prevention company SEON has launched a ‘forever free’ version of its fraud prevention platform to better help online businesses be protected.
What are the main options for digital authentication services
As more firms look to implement new digital authentication technologies, there are a few options to pick from. Electronic IDentification has released a report exploring biometrics and e-signing as standards.
Sigma Ratings launches ongoing KYB and KYC tool
Sigma Ratings, a developer of automated relationship risk management, has released its ongoing KYB and KYC monitoring solution.
Why crypto KYC is of rising importance
As governments try to make cryptocurrencies secure and safe, there are waves of new regulations being implemented for digital assets.