Blog Compliance Page 3
All Compliance
Crypto
Article | 7 min
The travel rule: compliance guidance for cryptocurrency exchanges
The travel rule: compliance guidance for cryptocurrency exchanges
Cryptocurrency exchanges should consider the travel rule: “obligations to obtain, hold, and transmit required originator and beneficiary information.”
KYC
Article | 6 min
Customer Due Diligence Checklist — Five Steps to Improve Your CDD
Customer Due Diligence Checklist — Five Steps to Improve Your CDD
A Customer Due Diligence checklist is a critical element of effectively managing risk and protecting against potential involvement with nefarious activities
Business Verification (KYB)
Article | 5 min
Third-party due diligence: policies, screening and risk management
Third-party due diligence: policies, screening and risk management
Effective third-party due diligence policies, screening and processes help protect your organization and manage risk.
Financial Services
Article | 8 min
FINTRAC identification — June 2021 guidelines and reporting obligations
FINTRAC identification — June 2021 guidelines and reporting obligations
FINTRAC has published its obligations for Reporting Entities (REs) and offered guidance for identity verification.
Business Verification (KYB)
Article | 5 min
Managing supply chain risk: the due diligence is in the details
Managing supply chain risk: the due diligence is in the details
Supply chain risk management and due diligence work hand-in-hand to form a first layer of protection for businesses.
Business Verification (KYB)
Article | 6 min
How to Verify Legitimate Businesses and Merchants
How to Verify Legitimate Businesses and Merchants
There’s a growing demand to verify legitimate businesses. With the ease of creating fake company records and profiles, the risk of fraud has risen.
AML
Article | 8 min
6AMLD — Establishing effective compliance programs for the EU
6AMLD — Establishing effective compliance programs for the EU
Under the EU’s 6AMLD, employees and officials of organizations — and entities working on behalf of those organizations — can now be held criminally liable.
Business Verification (KYB)
Article | 4 min
Reducing KYB due diligence from weeks to minutes
Reducing KYB due diligence from weeks to minutes
Verifying business entities and its ownership structure — KYB verification — is an AML compliance requirement, necessitating Enhanced Due Diligence (EDD).
Banking
Article | 5 min
Digital onboarding, security and the open banking opportunity
Digital onboarding, security and the open banking opportunity
How can you simultaneously guarantee security and ensure that open banking remains, in fact, open?
Crypto
Article | 4 min
Crypto exchanges fighting cybercrime with AML/KYC data insights
Crypto exchanges fighting cybercrime with AML/KYC data insights
Cybercriminals are also drawn to cryptocurrencies, as a greenfield for new forms of financial crime so efffective AML/KYC is crucial.
Crypto
Article | 7 min
Ensuring cryptocurrency exchange KYC compliance
Ensuring cryptocurrency exchange KYC compliance
Exchanges and money service businesses must ensure their Know Your Customer (KYC) and crypto compliance procedures are secure, robust and defendable.
Identity Verification
Article | 10 min
Who goes there? Meeting the global identity challenge
Who goes there? Meeting the global identity challenge
Institutions face a global identity challenge, where their technology stacks need to address changing jurisdictions from a central console.