Tag: Know Your Customer

Generative AI has reshaped digital identity fraud, and Identomat argues the shift demands a fundamentally different approach to know-your-customer (KYC) checks. Fraudsters are no longer...

Investment firms have long sold trust as their core product, but generative AI is now testing that promise from every angle. According to ComplyAdvantage,...

Financial institutions are under growing pressure to do more than simply flag suspicious activity. Regulators now expect firms to prove, document and defend every...

Traditional know-your-customer compliance is no longer struggling to keep pace. It is collapsing under the weight of its own limitations. Rising regulatory demands, increasingly...

KYCP has rolled out a significant update to how records are deleted within its system, introducing a recycle bin function that gives compliance teams...

For several years, perpetual KYC (pKYC) has been pitched as the next evolution of traditional KYC methods, but firms still have misconceptions around what it really means.

KYCP has announced a new brand identity, marking a significant milestone in the company's journey and underlining its transformation into a comprehensive compliance and...

The RegTech sector largely took shape in the aftermath of the 2008 banking collapse, helping companies manage the stricter regulations that followed. Know Your...

It has been a transformative year for know your customer (KYC) processes, as companies embrace new technology to transform compliance workflows. Remonda Kirketerp-Møller, CEO...

For compliance and risk officers, finding the balance between rigorous fraud prevention and a smooth onboarding experience can often feel like walking a tightrope. A...