European Banks are Spending AML and KYC budgets on Manual Processes, Ondato finds
European banks are spending most of their Anti-Money Laundering (#AML) and Know Your Customer (#KYC) budgets on manual processes, according to an @OndatoKYC study....
Tag : KYC
iDenfy Lauches Address Verification Solution
by Tom Bleach
As regulated organisations suffer from increasingly time-consuming 'proof of address' checks, we look at the new 'Address Verification' solution from @company_idenfy...
Perpetual KYC Has Transformational Power for All Financial Services: Old and New
Continuous #KYC or #perpetualKYC (#pKYC) is the future for #compliance says @MoodysAnalytics following the publication of its research: Perpetual KYC: Transforming Risk and Compliance...
Target Group Makes a NICE Selection for Fraud, AML and KYC Solutions
by Tyler Pathe
To better protect its customers and mitigate #AML and #Fraud risks, @TargetGroupLtd is to deploy the end-to-end fraud-fighting solutions of @NICE_Actimize....
Persona: Critical Facts About Know Your Business (KYB) in 2022
Explaining the pros and cons of #KYB, @persona_IDV explains how it can reduce #fraud but must also not be set up and forgotten as it...
Al Fardan Exchange Collaborates with UAE Ministry of Interior to Launch Digital KYC on AlfaPay App
News: @alfardanuae Al Fardan Exchange Collaborates with #UAE Ministry of Interior to Launch #DigitalKYC on AlfaPay App...
Questions Surrounding Crypto Wallet Ownership Answered Through UBIRCH and IDnow’s KYCT Solution
The know-your-consumer-token (#KYCT) technology, created by @ubirch_trust and @IDnowGmbH, addresses challenges of the #crypto and NFT community in ensuring that identity – both digital and legal...
In Profile: Russ Cohn at OCR Labs Global
This week's #InProfile hears from @Searchlife of @ocrlabs, a specialist in digital ID verification #IDV on how #financial #innovation is driven by #fintech....
Face to Face Bank Appointments With Launch of Ondato’s Virtual Branch Service
. @OndatoKYC,​​ which provides video-based #ID #verification systems to #banks, has introduced a #virtualbranch service solution for face-to-face appointments....
As Passport Fraud Rises, Are Hard-Copy Documents To Be Trusted in the KYC Process?
by Tyler Pathe
Is a hardcopy document to be trusted above a digital copy? According to two-thirds of the regulated firms surveyed by @SmartSearchUK, hard copy documents provide...