Tag: Customer Due Diligence
Several industry associations voice concerns over AML regulation draft
In an industry-wide call to action, several prominent associations have voiced their concerns over the potential consequences of the current draft text of Recital 34 in the Anti-Money Laundering (AML) Regulation.
OneID receives full certification for KYC and AML use cases
OneID, the UK's leading digital identity service, has reached a new milestone in the field of Identity Verification for Know Your Customer (KYC) and Anti-Money Laundering (AML).
The role of AML audits in enhancing regulatory compliance
In a recent post by Alessa, the firm outlined the role of AML audits in enhancing regulatory compliance at companies.
Why CDD is crucial in banking and beyond
Electronic IDentification, which offers KYC and AML software, has released a report exploring the role of CDD in banking.
KPMG UK releases new cloud-based customer due diligence solution
KPMG UK has released a new customer due diligence (CDD) solution that it hopes can reduce the total costs of KYC compliance of up to 40%.
Acuris Risk Intelligence, FinScan partner to boost customer due diligence
Acuris Risk Intelligence and FinScan have teamed in a global strategic partnership to build an integrated platform for watch list screening and customer due diligence.
Trulioo’s GlobalGateway can now verify five billion people worldwide
RegTech 100 company Trulioo claims it is able to verify five billion people through its flagship electronic identity verification platform.
GIACT launches platform to address new Beneficial Ownership regulations
GIACT Systems has launched a digital platform to address the new FinCEN rule on beneficial ownership.
