Tag: KYC

Customer Due Diligence (CDD) stands as a cornerstone in the ongoing battle against money laundering and terrorist financing. It compels regulated entities to collect and verify personal details—name, address, date of birth, and government-issued identification—from customers to authenticate their identities and assess potential financial crime risks.

In the dynamic world of finance, client onboarding challenges abound, driven by the need to balance enhanced customer experiences against stringent compliance requirements.

At the heart of financial transformations, CDI has emerged as an essential tool for banks to authenticate corporate entities efficiently and securely.

Developing KYC solutions from scratch presents significant initial hurdles, particularly during the scoping phase.

Ohalo, a London-based company specialising in unstructured data intelligence, has announced a new injection of £2.8m in growth capital from YFM Equity Partners.

In the realm of FinTech, understanding the nuances between Know Your Customer (KYC) and Know Your Business (KYB) is essential for businesses navigating the complexities of regulatory compliance and risk management. Both KYC and KYB processes are foundational in building trust and ensuring financial integrity within companies.

Sybrin recently delved deeper into the topic of AI and its impact on both onboarding and Know Your Customer (KYC).

Ever since its launch in November 2022, Generative AI has been the topic of discussion on everyone's lips when it comes to discussing transformational...

SmartSearch, a provider of digital compliance and AML solutions, has announced the launch of its International Individual Check solution.

Fenergo, the leading provider of digital solutions for KYC, CLM and transaction monitoring, has launched AI Powered CLM.