Tag: know your customer

ONE, a provider of financial services across digital and fiat currencies, has joined forces with Know Your Customer to support the former’s onboarding process.

After noticing the pitfalls of traditional onboarding, Know Your Customer set out to transform the KYC and KYB process to one that was more efficient, provided a better user experience and delivered more robust compliance.

Lambert Smith Hampton, a property consultancy, has partnered with RegTech Know Your Customer to accelerate and expand the company’s RegTech offering.  

RegTech firm Know Your Customer has today revealed it has expanded its registry coverage to include all 50 State registries in the US.

Aspire, a platform designed to help a businesses with their financial needs, has partnered with RegTech provider Know Your Customer, to facilitate access to its financial products to underserved SMEs and entrepreneurs across Southeast Asia.

The early days of cryptocurrency were based around the idea of anonymity. However, to bring the asset type into the financial ecosystem, this has changed. Know your customer services aim to ensure cryptos cannot be used for illicit activity.

RegTech firm Know Your Customer has partnered with business expansion specialist Tricor to simplify and digitise Tricor’s onboarding and AML processes across Asia.

Founded in 2015, Know Your Customer provides digital onboarding solutions to financial institutions and regulated organisations globally. The company builds its KYC platform as an interconnected set of web apps, APIs, databases and pre-trained machine learning models – and is helping to change the game in digital corporate onboarding.

As investment into RegTech skyrockets in 2021, RegTech Analyst has named the 100 must know companies in the sector as we head into 2022.

The total value of fines issued so far in 2020 against companies failing to comply with anti-money laundering and know your customer rules totalled $5.6bn, with APAC regulators dramatically increasing their sanctions.