How is COVID-19 Impacting KYC?
COVID-19 (also known as the Coronavirus) is having a profound impact on every part of our lives, and KYC is no exception. Businesses are having to digitize at an unprecedented pace. Here’s the full story.
9 Apr 2020
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.