News

The FATF’s Travel Rule is set for its next update this coming November. While the precise form the new guidance will take is not yet clear, the EU and UK are already moving forward with their own interpretations of how to adapt the regulation into their own legal codes.

Corporate KYC can often be more complex, time, and resource-intensive than KYC for individuals. Using KYC-Chain’s workflow solution, companies can understand who the corporate clients they do business with actually are – and what their risk profile is.

Although global regulatory watchdog the FATF has not yet released updates to its Travel Rule, accelerating adoption of Virtual Assets (VAs) means changes are likely in the organization’s upcoming October update.

KYC-Chain’s end-to-end workflow solution boasts powerful individual screening capabilities. From ID verification (IDV) tools that include Biometric Face Scans and government database checks, to AML checks and risk scoring – our tool allows companies to obtain detailed and accurate understandings of who their potential customers are.

The global regulatory environment continues to expand and become more complex. At the same time, each regulated company has unique needs and requirements when it comes to compliance. KYC-Chain’s end-to-end workflow solution provides a powerful and customizable feature set for meeting every regulatory challenge.

We’re very excited to announce several new partnerships with exciting companies and projects operating across the crypto and digital payments spaces.

In this month’s update, we’ll be taking a look at a major topic we covered in our Knowledge Base: the FATF’s updated draft guidance – and who and what may be affected by it.

One of fintech companies’ major challenges is keeping up with complex and constantly-evolving regulatory regimes. In this update, we outline some of the most common compliance issues facing fintech companies of all sizes – and how they can be overcome using KYC-Chain.

Global regulatory body the Financial Action Task Force (FATF) has released its updated draft guidance for VASPs. Proposing expanded definitions and methods for the regulation of Virtual Assets (VAs) and VASPs, it has asked stakeholders in the VA/VASP industry to provide feedback on the proposals as part of its mission to create a robust regulatory approach.