News and Insights
A MONTHLY SERIES WHERE WE SHARE LATEST KYC AML TRENDS, REGULATIONS AND PRODUCT UPDATES.
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Streamlining KYC for Crypto Businesses: How Providers Can Save Time and Money
KYC or Know Your Customer is an essential process for any business operating in the cryptocurrency space. KYC helps businesses identify and verify the identities of their customers. This is necessary to comply with various...
KYB for Fund and Wealth Managers – Ensuring Regulatory Compliance
Introduction Fund and wealth managers are under constant pressure to ensure regulatory compliance, particularly in the areas of anti-money laundering (AML) and counter-terrorism financing (CTF). Know Your Business (KYB) is a crucial aspect of this...
A Guide to Identity Verification for Fintechs
The financial industry has experienced a flurry of changes and digital advancement since the Covid-19 pandemic began in 2020. The pandemic caused an unprecedented number of customers to move online, with almost all now relying...
KYC in DeFi: Striking the Balance Between Compliance and Decentralization
The rise of decentralized finance (DeFi) has given birth to a new era of financial innovation that is transforming the way we think about money. With the DeFi ecosystem offering an open, permissionless, and decentralized...
KYC for NFTs: Balancing Security and Accessibility
In recent years, Non-Fungible Tokens (NFTs) have become increasingly popular as a new form of digital asset. NFTs allow creators to monetize their unique digital content such as artwork, music, and videos by creating a...
The Rising Importance of Crypto Wealth Management
The dramatic expansion of cryptocurrency markets has transformed the space into a US$1.98 trillion dollar system, and Decentralized Finance (DeFi) has demonstrated crypto’s utility as more than just a speculative investment. As a result, a...
Compliance Challenges for VASPs and Automated KYC Solutions: Exploring the Opportunities
Virtual Asset Service Providers (VASPs) have faced significant compliance challenges in recent years due to the ever-changing regulatory landscape. With the rise of cryptocurrencies and the increasing popularity of blockchain-based transactions, governments around the world...
KYC-Chain: New features, KYC for PSPs and Crypto Wealth Funds
KYC-Chain continues its strong start to 2023 with a series of new updates and features — including Version 5.3.0. This monthly update highlights what those are and how they can help our clients take their...
KYC Chain: How to Safeguard Your Upcoming Token Sale from Fraud and Money Laundering
KYC verification is crucial for token sales because it helps prevent fraud and money laundering. By requiring investors to go through a KYC process, you can ensure that they are who they say they are,...