Leading KYC & AML compliance solution

Compliance management system that covers all needs of businesses dictated by the regulators and international compliance standards no matter of size and industry.

Legal & Compliance

4 min read Jan 3, 2023

KYC & AML Compliance in the USA

Today it's already a common practice for financial systems to use tools for clients' verification to prevent fraud and fight money laundering. The conditions of the current state of the banking system involve the absence of operations anonymity, financial organizations fighting for transaction transparency, moreover, it'

Legal & Compliance

4 min read Aug 10, 2022

Regulatory Specifics in Regions with High AML Risks

Some regions pose particular threats of illegal financial activities. To secure your business, learn which regulations are adopted in AML high-risk countries and how to mitigate the potential hazards.

Legal & Compliance

4 min read Aug 3, 2022

Online Identity Verification is a Shield to the Cryptocurrency Future

Regulatory compliance is a severe challenge in the crypto world. Explore how KYC procedures can expand the adoption of blockchain by delivering safety and preserving user privacy.

Legal & Compliance

5 min read Jun 8, 2022

5 Reasons Why Identity Verification Solutions Should Be a New Standard for Every Serious Business Venture

Digitalization brings new challenges and risks to businesses and consumers. By making data more accessible than ever, cybercrimes such as data breaches, identity theft, and fraud are more rampant than ever. You need to invest in the right tools to protect your company and customers from potential threats and attacks

Legal & Compliance

4 min read May 4, 2022

Combating Fraud in The Field Of Finance

The problems of ensuring the economic security of any state are increasingly attracting the attention of the authorities, the public, and the scientific community. Economic security is a complex category reflecting all levels of public life. A high level of financial safety can be achieved only if effective methods of

Use Cases

4 min read Apr 26, 2022

The identity verification process for sports betting and online gambling

The identity verification process for sports betting and online gambling. Why does ID verification matter for sports betting and online gambling?

Technologies

5 min read Apr 18, 2022

An Insider’s Look at RegTech

Many who are knowledgeable about Know-Your-Customer (KYC) and Anti-Money Laundering (AML) come from a financial institution background. They have a keen awareness of the challenges in maintaining high standards of compliance. These requirements apply not only to banks but also to companies and platforms that partner with credit unions and

Legal & Compliance

4 min read Apr 14, 2022

What do you need to know about sanctions and how to avoid risks

The tense international situation provoked the introduction of new sanctions restrictions. A natural question that arises for every entrepreneur is how to find alternative solutions. How can they continue working given the current situation? To answer these questions, it will be necessary to consider several important innovations that will help

Kycaid platform

5 min read Apr 10, 2022

Why is classic KYC not enough to meet all business needs?

Protecting the business from risks and rash steps is what the head of every large company thinks about. Cooperation with unproven brands or clients can not only ruin the reputation but also cause irreparable damage. That’s why many people use the KYC principle ("know your customer"), which

Legal & Compliance

2 min read Mar 17, 2022

Identity proofing: what is it and what is it needed for?

Security systems have become part of our daily life. To unlock our phone, we use face recognition, and to enter the banking application, we use a fingerprint. Hospitals, financial institutions, our phones – all of them use a recognition system to ensure that you are the owner of the data and

Technologies

5 min read Mar 15, 2022

What is Identity Verification? Understanding Its Importance and Benefits

Introduction for the newbies What is identity verification? Identity verification is used in various fields, from banking institutions to hospitals. After passing the check, the person confirms that it is he who performs specific actions and this is not an attempt to cheat. This system is used by financial companies.

Legal & Compliance

2 min read Mar 15, 2022

KYC Pros and Cons: Evaluating the Benefits and Challenges of Customer Verification

Banks and cryptocurrency exchanges, the activities of which are based on financial transactions, resort to the “Know Your Customer” system. The KYC rules ensure verification of a person's identity for participation in illegal organizations, seized accounts, or possible sanctions. Before making your first transaction, you need to submit

Legal & Compliance

2 min read Mar 14, 2022

How does knowing your customer process work?

All financial companies use KYC as a set of requirements for identity verification. Thus, banks and crypto exchanges know who is registered on their platform and uses their services. Let's take a closer look at the verification process. While it differs from company to company, the purpose is

Legal & Compliance

2 min read Mar 6, 2022

Introduction to KYC

What does KYC mean? KYC is an identity verification procedure used by all financial institutions from crypto exchanges to national banks. Know Your Customer identifies a person for security purposes and builds trust between customers and service. This system was created as a means to stop financial transactions for money

Fraud Prevention

3 min read Mar 3, 2022

Why is video identification more secure than face-to-face?

Explore how video identification boosts online security by enabling real-time, reliable identity verification, eliminating the need for in-person checks

Stay Ahead of the Game: How to Ensure KYC and AML Compliance in the DeFi Era

Leading KYC & AML compliance solution

KYC & AML Compliance in the USA

Regulatory Specifics in Regions with High AML Risks

Online Identity Verification is a Shield to the Cryptocurrency Future

5 Reasons Why Identity Verification Solutions Should Be a New Standard for Every Serious Business Venture

Combating Fraud in The Field Of Finance

The identity verification process for sports betting and online gambling

An Insider’s Look at RegTech

What do you need to know about sanctions and how to avoid risks

Why is classic KYC not enough to meet all business needs?

Identity proofing: what is it and what is it needed for?

What is Identity Verification? Understanding Its Importance and Benefits

KYC Pros and Cons: Evaluating the Benefits and Challenges of Customer Verification

How does knowing your customer process work?

Introduction to KYC

Why is video identification more secure than face-to-face?