Compliance Software

Compliance, KYC Software

AML 101: The 10 Most Common Red Flags

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.

24 Mar 2023
Authentication, Compliance Software, Customer Onboarding Tool

The Business Benefits of Digital Onboarding

Digital KYC onboarding allows businesses to authenticate their customers quickly, securely, and cost-effectively. As more companies move away from traditional methods of customer authentication — such as in-person identification checks or physical documentation analysis — digital KYC onboarding is becoming the preferred alternative, allowing companies to scale securely and efficiently in their current and new markets.

17 Mar 2023
Compliance Software, Customer Onboarding Tool, KYC Software, Payment Service Providers

Payment Service Providers: Level up your KYC / AML

PSPs need to carefully implement KYC/AML strategies and fraud prevention approaches on their clients in order to remain compliant with evolving regulations such as the EU’s 5AMLD and MiCA. This can become increasingly difficult as real-time payments grow in volume and geographic reach. In this article, we take a look at some of the KYC/AML issues PSPs need to be aware of – and how automated KYC technology can ease the process for them.

21 Feb 2023
Aml And Kyc Tool, Compliance Software, Kyc Onboarding Solution

How KYC-Chain can help Compliance Service Providers

Compliance service providers offer their clients a range of services and strategies for securely navigating high-risk sectors fraught with regulatory complexities and challenges. By using KYC-Chain’s end-to-end compliance tech stack, our compliance service provider clients can provide their end-clients with both compliance-focused information – as well as the tools to effectively implement a KYC/AML onboarding process.

11 Jan 2023
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