KYC Technology

Investor Verification and KYC for Blockchain Companies

Investors come in countless shapes, sizes and levels of risk. And while investment is an integral component of the global economy, it nevertheless carries risk for both investors and investees. In this article, we take a look at what an identity verification and enhanced due diligence process for investors can look like using an automated KYC platform.

24 Nov 2023

Customer Onboarding, KYC Technology

Streamline Identity Verification with a Unified KYC Platform

Unified KYC platforms allow businesses to centralize all of their client onboarding and compliance processes in one place. By providing end-to-end KYC / AML compliance, they also deliver a wide range of other benefits — from the ability to scale into new markets to improved protection against financial crime.

8 Nov 2023

Automated KYC, Corporate KYC, KYC Technology

Streamlining KYC for Multinational Corporations with KYC-Chain’s Multi-Scope Feature

Large multinationals face a difficult challenge of implementing and keeping track of their global network’s KYC/AML compliance. With KYC-Chain’s Multi-scope feature, corporates can integrate and manage all of their subsidiaries’ KYC systems in one place, reducing the compliance burden and optimizing the process.

18 Sep 2023

Cryptocurrency, KYC Technology

The Importance of KYC for Crypto Exchanges

Crypto platforms need to have KYC processes in place in order to comply with strict and evolving global AML regulations. Implementing effective KYC has been challenging for many crypto companies due to perceptions that crypto users are averse to sharing their ID data and that implementing KYC checks is expensive. This article explores how automated KYC overcomes these challenges and help crypto exchanges scale.

9 May 2023

Kyc Onboarding Solution, KYC Technology

3 Ways to Improve your Customer Verification Experience

Regulated companies face significant challenges in maintaining positive customer experiences while also ensuring compliance with KYC/AML protocols and reducing the risk of fraud. Intelligent customer verification processes can help smooth onboarding processes and keep regulated companies up to speed with fast-changing user expectations.

21 Jun 2022

KYC, KYC Technology

The Risk-Based Approach to Identity Verification

As innovative projects and companies continue to develop new digital services, there is a growing challenge to balance compliance with the ability to scale. By implementing the Risk-Based Approach through automated KYC, companies can optimize their compliance resources and grow their customer bases with confidence.

31 Mar 2022

Biometrics, KYC Technology

Frictionless Digital KYC Onboarding with Liveness Detection

In order to counter the ever-growing threat of stolen, fraudulent or fabricated identity data being used to access services, a KYC process needs to be able to verify that the applicant is in fact real – in other words, to evaluate their ‘Liveness’. Passive Liveness allows companies to provide customers with frictionless onboarding while offering a new level of protection against identity fraud.

14 Mar 2022

Auditors, KYC Technology, Precious metals and stones, Real estate

KYC: An Imperative for every ‘gatekeeper’ industry

Companies from a wide range of different sectors that act as effective “gatekeepers” to the financial system either conduct – or should be conducting – KYC checks. These include real estate, law, corporate service and auditing firms, precious metal and stone dealers – essentially any company that provides access to assets or the financial system in a way that could be manipulated for money laundering.

24 Feb 2022

KYC Technology, Liveness

Introducing KYC-Chain’s Passive Liveness Feature

Although selfie scans and ID document uploads have become a benchmark KYC process for financial and crypto-based services, fraudsters have been keeping pace. Passive Liveness is a technological development that is helping companies keep up and counter the very real threats posed by criminals – while also improving customer experience.

9 Dec 2021

KYC Technology, NFT Marketplace

The new fraud frontier? Why NFT platforms need KYC AML compliance

The traditional art industry has long been considered a hotbed of money laundering activity and fraud, and the NFT space is quickly gaining a reputation for it too. By implementing effective and efficient KYC as part of a robust AML regime, NFT platforms can prepare for future regulations, earn trust from their users, build credibility among traditional financial institutions and secure their defenses against criminal exploitation.

29 Oct 2021

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KYC-Chain’s Compliance Manager’s Guide to Identity Verification

KYC-Chain’s Guide to NFTs and Identity Theft

KYC / AML Compliance Guide for OTC Trading Desks