Passive Liveness

Aml And Kyc Tool, Precious metals and stones

Precious metals, NFTs and KYC compliance

The precious metals market has a history stretching back thousands of years. More recently, innovative businesses have been finding ways to use modern technology to optimize and improve this age-old asset class. In this article, we take a look at how some innovative projects and companies are using blockchain technology to back ownership of precious metals – and how Automated KYC is being used to make the sector more secure against fraud and threat of money laundering.

19 Jan 2023

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

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