computer desk

What is a KYC check?

KYC stands for “Know Your Customer,” and refers to the process that businesses and financial institutions use to verify the identity of their customers or clients. The primary goal of a KYC check is to prevent identity theft, fraud, money … Read More

KYC compliance

Wired-In webinar highlights: Achieving best practice KYC compliance in 2023

In the latest instalment of our Wired-In webinar series, we were joined by Corinna Venturi, Director of Financial Crime at Cosegic. Corinna explored the ways in which we can achieve best practice KYC (Know Your Customer) compliance in 2023, and … Read More

KYC compliance

Wired-In webinar: Achieving best practice KYC compliance in 2023

Our latest Wired-In webinar assesses best practice KYC compliance and provides insight to create and run an effective KYC programme. … Read More

Streamline Know Your Business (KYB) and Ongoing Client Monitoring

3 ways to ensure a fast and seamless onboarding experience

When onboarding new customers, the process can often be tedious and repetitive. For businesses that are regularly onboarding new customers, it is crucial to reduce abandonment and instil trust by providing a smooth, frictionless onboarding experience to KYC (Know Your … Read More

KYC in crypto

What is KYC in crypto and why is it important?

KYC, or Know Your Customer, is a process that involves verifying the identity of customers or users before providing them with access to certain financial services or products, such as opening a bank account or using cryptocurrency platforms.  KYC processes … Read More

AML non-compliance

The far-reaching repercussions of non-compliance with AML and KYC regulations

Failure to comply with AML and KYC regulations can have severe consequences. In this article, we explore the repercussions of non-compliance. … Read More

verify UBO

How to verify Ultimate Beneficial Owners (UBOs)

UBO stands for Ultimate Beneficial Owner. It refers to the person (or persons) who ultimately owns or controls a company or legal entity. The UBO is the individual who enjoys the benefits of ownership, such as receiving profits or exercising … Read More

Facial recognition software

Facial recognition software explained

Facial recognition software is used to verify a person’s identity based on their facial features – but what exactly is it? … Read More

Continuous Compliance: Why KYC Isn’t Enough

What is KYC due diligence?

Know Your Customer (KYC) is the essential requirement for regulated businesses and financial institutions to verify a customer’s identity when onboarding or opening an account for example. Customer Due Diligence (CDD) entails conducting background checks along with identifying a business’ … Read More

AML checks

The impact of remote KYC onboarding on customer experience

Remote KYC onboarding is the process of gathering information required as part of a KYC check remotely via digital platforms and online channels. … Read More