KYC Guides

Money laundering and terrorist financing threaten financial systems worldwide, with up to 5% of global GDP impacted. Financial institutions must implement strong compliance measures to detect and prevent suspicious activities. Read our blog now to learn more about global efforts and regulations.

Why online gaming firms need a step-change in player verification - and how automated age verification and identity checks are developing.

Discover why challenger banks need a step-change in KYC processes - and why selfies are the answer.

Today's consumers expect swift access to gaming services, but they’ll soon go elsewhere if security is compromised.

Consumers demand swift onboarding, but they’ll soon bank elsewhere if security is compromised or reputational harm occurs.

Know Your Customer (KYC) standards and requirements can prove a friction-filled and complex challenge for companies. Discover how identity verification (IDV) is transforming KYC, helping to drive growth while achieving compliance.

As well as being critical for assessing customer risk, KYC procedures are a legal requirement for banks and financial institutions that must comply with anti-money laundering (AML) laws.

As well as providing benefits for businesses, KYC in gaming also provides benefits for customers, too. Much like how a reputable company must provide its users with fair games and a secure gaming environment, these companies must also show their users that their personal information is being handled appropriately and then safeguarded.

KYC is a requirement you’ll encounter on almost all centralized crypto exchanges. That said, it is still possible for customers to purchase crypto without going through a crypto KYC process. However, these methods are far more complicated and much riskier. Read on to find out more.

Anti-money laundering (AML) and know your customer (KYC) requirements are unique for each business. As a result, it’s vital that you design and create an identity verification process that suits your specific needs and requirements. 

The digitalization of financial services clearly demonstrates the growing important of effective Customer Due Diligence and Know Your Customer procedures. The purported annual increase in criminal financial activity further strengthens the position that both Customer Due Diligence and Know Your Customer processes must be at the core of every financial service business to shut down any potential for illegal activity before it can produce any harmful effects.