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)

ICC Says Regulation Limits Trade Finance
ICC Says Regulation Limits Trade Finance
May 29, 2019  |  B2B Payments

UBS shed light this week on a persistent challenge in the traditional financial services industry. Reports in Reuters on Tuesday (May 28) said UBS expects...

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How FIs Are Taking Anti-Money Laundering Precautions
How FIs Are Taking Anti-Money Laundering Precautions
May 20, 2019  |  AML

With one of the world’s biggest money laundering scandals just a few months old, it’s a fitting time to look into the state of security and...

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Getting Millennials To Put Stock In Trading Apps
Getting Millennials To Put Stock In Trading Apps
May 17, 2019  |  AML

Money laundering scandals have rocked the reputations of major financial institutions (FIs) that are consequently launching new efforts to repair their images. The Estonian branch...

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Deep Dive: How Banks Will Become Key Verification Players
Deep Dive: How Banks Will Become Key Verification Players
May 10, 2019  |  Authentication

Consumers want authentication to be both seamless and secure, and many expect online merchants to safeguard their personally identifiable information. Not all businesses are able...

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How APIs Boost The Integrity Of SMB Financing Data
How APIs Boost The Integrity Of SMB Financing Data
May 07, 2019  |  B2B Payments

Know Your Customer (KYC) regulatory requirements are frequently cited as a top — if not the top — challenge for banks. However, for non-bank lenders, those compliance...

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EU Corporate Banking Tech Lags Behind US: Report
EU Corporate Banking Tech Lags Behind US: Report
May 03, 2019  |  B2B Payments

European corporate banks are lagging behind their U.S. peers in terms of technology, a new report from Greenwich Associates found. In a blog post this...

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