KYC-Chain announces Version 5.3.0
KYC-Chain continues its rollout of new features with Version 5.3.0 – our most advanced, efficient and comprehensive onboarding system to date.
AML red flags are warning signs that an individual or business presents a higher risk of engaging in money laundering and other illicit financial activity. By establishing structured and consistent methods for identifying red flags, regulated businesses can optimize their AML processes and effectively meet their compliance challenges. In this article, we outline the top 10 AML red flags — and how to detect and deal with them using automated KYC solutions.
KYC-Chain will enter a partnership with enVoy. enVoy offers sustainable DeFi, tokenized letters of credit, realtime x border payments, and tokenized documentation for the supply chain removing risk and creating trust for third-party trade on an end to end ESG and sustainable supply chain journey.