Tag: Know Your Customer

Financial institutions often fall prey to money launderers who exploit these platforms to funnel, mask, transfer, and cleanse ill-gotten gains. This doesn’t just endanger the specific institution but imperils the credibility of the entire financial system.

PEPs are a key topic of discussion right now. Fenergo recently took the chance to dip deeper on PEPs and the fight against financial crime. 

CRIF has teamed with Know Your Customer to announce a partnership with PAOB, a digital banking pioneer in Hong Kong.

In the high-speed and complex financial landscape we find ourselves in today, one of the most significant hurdles to overcome is the ever-present threat...

Truvity, renowned for its mission to instil trust and simplify inter-business collaboration, has made its initial public funding revelation.

FinTech revenues are set to grow sixfold from $245bn to $1.5trn by 2030, according to a report from Boston Consulting Group (BCG) and QED Investors. The report suggests that the FinTech sector, which currently holds a 2% share of the $12.5trn in global financial services revenue, is estimated to grow up to 7%. 

Digital onboarding solution developer Know Your Customer has announced two Singapore-based strategic clients, Volopay and Coda Payments.

Coda Payments, a provider of cross-border payments and distribution solutions, has partnered with Know Your Customer to boost corporate onboarding in APAC.

ONE, a provider of financial services across digital and fiat currencies, has joined forces with Know Your Customer to support the former’s onboarding process.

After noticing the pitfalls of traditional onboarding, Know Your Customer set out to transform the KYC and KYB process to one that was more efficient, provided a better user experience and delivered more robust compliance.