Gabija Stankevičiūtė

Especially in business, signing a contract without doing detailed research can result in becoming a money laundering channel. That’s why in today’s complex digital environment, it’s essential to take your time to research every single company that you’re interested in doing business with. 

Access our expert insights regarding KYC verification, with step-by-step examples for different industries, including other AML processes that are mandatory after the initial user onboarding stage.

Discover how Rebell Pay, a cross-border P2P payment provider, optimized its compliance processes with iDenfy, integrating ID verification and AML screening to cut costs using automation.

Find out the main factors that make or break an EIN verification process while we provide concrete database examples and spill our industry insights on other mandatory business verification steps in KYB compliance.

Look through the most commonly used Social Security Number (SSN) verification methods while finding out if it’s a good idea to use a person’s SSN as the only piece of identifying data in your company’s ID verification process.

Review the most common wire transfer fraud and scam cases, find out how they negatively impact companies and their security system, and what kind of red flags users need to be aware of before giving out their money to unknown individuals on the internet.

Learn how Flirtback, an age-restricted service provider, switched from a manual to a fully automated identity and age verification process with iDenfy’s RegTech tools.

Learn what eIDV is, where and what kind of industries use this electronic identity verification method, which regulatory frameworks require the 2+2 approach, and how it helps with your company’s risk assessment.

Learn about the most common forms of tax avoidance and tax evasion, access the key nuances, and find out how to determine the difference between the two processes, their legality, ethical context, and links to AML/KYB compliance.

Access the latest information on multi-accounting and find out how fraudsters juggle this tactic in different industries.

Learn why scamming away and abusing return policies remains a serious threat to various e-commerce marketplaces and access key solutions explaining how businesses should respond to refund fraud.

Access the latest news and summarized takeaways regarding FinCEN’s Beneficial Ownership (BOI) Reporting rule: which entities need to comply and what exact steps reporting companies need to take right now.