Tag: Know Your Customer

Explore the importance of Know Your Customer (KYC) processes in the financial industry. KYC regulations help financial institutions verify customer identities, prevent fraud, and ensure compliance with regulatory standards. Discover how KYC supports secure transactions and fosters trust between businesses and their clients, playing a critical role in modern finance.

Perpetual Motion: The Case for Continuous KYC

by Tom Nawrocki

April 11, 2025

Last October, TD Bank was fined more than $3 billion after pleading guilty to violations of the Bank Secrecy Act ...

The Importance of AI and Biometrics in Regulatory Compliance in Finance

by PaymentsJournal

March 23, 2023

Artificial intelligence (AI) and biometrics are revolutionizing regulatory compliance in fintechs and banks by providing more accurate and efficient methods ...

Binance Launders $2.35B for NK, Russia, and a Multitude of Criminals

by Tim Sloane

June 6, 2022

Cryptocurrencies have been gaining in popularity in recent years, with Bitcoin becoming a household name. However, there is still a ...

Cryptocurrency-Based Fraud Regulatory Support cryptocurrency crime

Minimizing Cryptocurrency-Based Fraud without Regulatory Support

by Andrea Vucetich

March 25, 2022

Cryptocurrency has now taken a firm hold in society, moving from being something of a niche or underground concept to ...

Payabl. Partners with Know Your Customer for Merchant Onboarding

by Don Apgar

March 1, 2022

Global acquirer payabl. announced that it has partnered with Know Your Customer to streamline the merchant onboarding process. Fully integrating a ...