Blogs

Standardized KYC - What does it mean for the consumer?
Know-your-customer (KYC) is a financial institution policy that verifies a customer's identity and address before allowing them to access certain financial products like stocks, mutual funds, insuranc
2024-04-02
Deciphering the KYC Puzzle: Exploring Straight-Through Processing
In this blog, we'll unpack the challenges posed by traditional KYC methods, delve into the nuances of STP, and shed some light onto the benefits it offers financial institutions.
2024-02-29
KYCScoring.co.uk: Elevating Banking Compliance with Advanced KYC Solutions
In banking, familiarizing oneself with the client, often termed as Know Your Customer (KYC), involves a set of obligatory procedures aimed at confirming the identity of a client during the account ope
2024-02-20
Revolutionizing Crypto Onboarding
In the realm of cryptocurrency exchanges and other service providers, heightened security measures and enhanced user interfaces have been implemented to thwart cyber threats and attract individuals le
2024-01-31
Empowering Security: The Synergy of Blockchain and KYC
In the ever-evolving landscape of online transactions, blockchain technology is emerging as a transformative force, reshaping how we secure our digital interactions, particularly in identity verificat
2024-01-05
Exploring KYC vs KYB
Exploring the Scene: Two crucial acronyms, KYB (Know Your Business) and KYC (Know Your Customer), take centre stage in the complex world of financial technology. Although they both work toward the sam
2023-12-18
Unmasking KYC Fraud and Safeguarding Your Finances
In digital finance, the threat of KYC fraud, colloquially known as Know Your Customer fraud, takes centre stage as a deceptive strata
2023-11-30
Navigating Transformative Trends in RegTech: A Comprehensive Insight into Key Shifts
In the ever-evolving landscape of Regulatory Technology (RegTech), discerning the prevailing trends is essential for industry players to stay ahead. Here, we delve into five key observations drawn fro
2023-11-20
Adapting KYC to Current Events: Lessons from Recent Crises
In today's fast-paced and ever-changing financial landscape, the importance of Know Your Customer (KYC) processes cannot be overstated. Recent global crises, economic downturns, and regulatory changes
2023-11-03
The Evolution of KYC
 KYC (know your customer) is an essential process in the world of financial institutions and apps. It plays a pivotal role in preventing financial crimes like money laundering, fraud, and identit
2023-10-17
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