News

Merchant Acquirers (MAs) and Payment Service Providers (PSPs) act as the host and conduit of merchants’ financial transactions. As more and more micro-merchants enter the digital marketplace, PSPs and MAs can use fast, efficient, and effective KYC tools like KYC-Chain to ensure their customers – and the services they provide them with – are compliant with global regulations.

The KYC technology ecosystem is a diverse and growing space. KYC providers are developing new and unique ways to serve the KYC and compliance needs of a wide range of different businesses. When selecting your provider, it’s important to consider a wide range of different factors. We’ve addressed some of the key ones in our new Buyers Guide.

As the $1T U.S. Infrastructure Bill nears approval, what implications will it have for crypto companies and the broader sector? In this update, we look at where developments currently stand – and where they look likely to go.

We’ve taken on some exciting new clients, providing our seamless KYC onboarding technology to customers from industries as diverse as precious metal companies, trading desks, VCs, and HNWIs. KYC-Chain’s expanding client portfolio demonstrates the versatility of our onboarding tool for a wide range of sectors – and whether your customers are businesses or individuals.

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.