Tag: KYC

Encompass Corporation, a provider of a KYC automation platform, has unveiled its perpetual KYC maturity model.

Keystone Talent Bank has teamed up with global identity verification provider ID-Pal to offer real-time digital right to work checks.

In the complex world of money laundering, an increasingly common way for criminals to launder money is through money mules. What are they?

Biometric facial recognition has become an increasingly important verification tool for customer onboarding and ongoing compliance.

The total number of digital identity apps in use will exceed 4.1 billion globally by 2027, nearly doubling from 2.3 billion in 2023. 

Fenergo, a KYC and CLM digital solutions provider, has partnered with Shieldpay to realise a CLM system and perpetual risk monitoring system.

Customer risk assessment is where the company assess which type of risk a potential customer poses, whether they are existing or new clients.

Alessa, a leading provider of Anti-Money Laundering and Fraud solutions, has appointed Jeff Woods as senior vice president of sales.

For those in the business of fighting financial crime, 2022 was a hectic and challenging year, with the war in Ukraine and new challenging financial crime trends being key threats.

The process of customer onboarding at its core is about understanding who you are doing business with and the risks associated. What are the best practices in this for FIs?