KYC

Know Your Customer, alternatively known as know your client or simply KYC, is the process of a business verifying the identity of its clients and assessing their suitability, along with the potential risks of illegal intentions towards the business relationship.

(source: en.wikipedia.org)

Navigating Compliance And Tech As Video KYC Adoption Grows
Navigating Compliance And Tech As Video KYC Adoption Grows
May 11, 2020  |  B2B Payments

It was a valuable coincidence that the Reserve Bank of India (RBI) amended Know Your Customer (KYC) rules in January of this year to allow...

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Bitcoin Daily: Crypto ATM Network Coinme Raises $5.5M As Transaction Volume Jumps; App Abra Nets $5M From Stellar
Bitcoin Daily: Crypto ATM Network Coinme Raises $5.5M As Transaction Volume Jumps; App Abra Nets...
May 07, 2020  |  Bitcoin

Seattle-based digital currency ATM company Coinme has brought in a $5.5 million investment as it experiences rising interest in its network, GeekWire reported. The company...

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Open Banking Targets Pain Points — And Global Expansion
Open Banking Targets Pain Points — And Global Expansion
May 05, 2020  |  B2B Payments

Open banking remains on track to proliferate across the globe, in spite of the coronavirus pandemic. Rather, market volatility may actually be propelling open banking’s...

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India Call Center Firm Ameyo Rolls Out Video KYC Platform For FIs
India Call Center Firm Ameyo Rolls Out Video KYC Platform For FIs
May 04, 2020  |  B2B Payments

With a massive increase in the need to video conference for work, India’s Ameyo has introduced enhanced technology to reduce costs and boost video options...

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Why APIs, Privacy Are Key To Open Banking Innovation
Why APIs, Privacy Are Key To Open Banking Innovation
May 01, 2020  |  Regulation

Asia-Pacific bank regulators have been crafting their own open-banking initiatives even since Europe rolled out similar rules in 2018. Their goal — follow the European...

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Deep Dive: The Need For Real-Time Data To Keep Onboarding Fast And Secure
Deep Dive: The Need For Real-Time Data To Keep Onboarding Fast And Secure
April 22, 2020  |  Digital Onboarding

Onboarding is typically the first interaction customers have with financial institutions (FIs), which leaves a lot riding on the process. Banks are jostling for space...

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How AP Automation Makes Or Breaks Vendor Relationships
How AP Automation Makes Or Breaks Vendor Relationships
March 20, 2020  |  Accounts Payable

Strong vendor and supplier relationships are among businesses’ most valuable assets. Solid partnerships can make all the strategic difference, helping companies offer needed services, improve...

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Helping FIs Over Real-Time Payments Tech Infrastructure Hurdles
Helping FIs Over Real-Time Payments Tech Infrastructure Hurdles
March 19, 2020  |  Faster Payments

The financial landscape is changing, moving toward instant payments, toward commerce that is always on – and for financial institutions (FIs) serving corporations and consumers...

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AML/KYC Compliance Riffs On Biometrics
AML/KYC Compliance Riffs On Biometrics
March 16, 2020  |  Authentication

Anti-money laundering (AML) and know your customer (KYC) regulators have released the hounds, with billions in fines leveled by governments worldwide against financial institutions (FIs),...

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