aml compliance AML in Banking: 4 Key Components of Your Compliance Program What Is Anti-Money Laundering (AML) in Banking? Financial institutions are a prime target of money laundering, so they must implement anti-money laundering (AML) compliance policies and tools. AML by
customer due diligence Customer Due Diligence: Why It’s Critical and Four Best Practices. What Is Customer Due Diligence (CDD)? CDD checks help verify customer identity and assign the correct risk level to an organization or financial institution. CDD checks are a core requirement in
aml compliance, know your customer AML Software: How to Eliminate AML Risk Through Automation What Is AML Software? Anti-money laundering (AML) software allows organizations to isolate suspicious activities by individuals or companies attempting to gain income via illegal means. Compliance
id verification Selfie ID Verification: The Promise of AI-Driven Face Verification What Is Selfie ID Verification? Selfie ID verification technology maps the facial features of an individual. To authenticate the individual, the technology compares the mapped facial features to
know your customer Know Your Customer (KYC) Requirements: What You Should Know Know Your Customer (KYC) requirements specify how organizations should validate the identity of customers and determine their risk score. Their primary aim is to prevent financial crimes, fraud, and
age verification Age Verification for Websites: Benefits, Challenges, and Solutions What Is Age Verification for a Website? Age verification is a process whereby an identity document is checked to verify if the age information provided is accurate or not. For owners of websites
aml compliance, know your customer KYC AML: Why They are Related and How They Work Together What Is Know Your Customer (KYC)? What Is Anti-Money Laundering (AML)? The term Know Your Customer (KYC) refers to the process of verifying the identity of a customer. The KYC compliance process
id verification ID Verification Services: What, Why and How What Is an Identity Verification Service? As more businesses undergo digital transformation, more transactions occur online. The main advantage is that there is no need for customers to be physically
identity authentication What is Identity Authentication? Identity authentication establishes if an individual is who they claim to be. Authentication uses additional data, which is hard to provide if you are not that specific individual.
know your customer, customer due diligence Customer Due Diligence (CDD) in Banking Explained What is Customer Due Diligence in Banking? Customer due diligence (CDD) is a process that evaluates prospective customers. It involves performing customer identity verification, confirming that the
