Case Study: Mano Bank

Discover how Mano Bank established a fully automated identity verification process, achieving faster scaling through a customized KYC process that adapts to various user flows.

Gabija Stankevičiūtė

Document Verification: How Does the Process Work?

Collection, extraction, validation and verification. These are the vital steps of the document verification process. But what else goes into deciding whether a document, such as a bank statement or an employment record, is actually legitimate or not? We go deeper into this subject, discussing the benefits of online document verification.

Case Study: June

Find out how June increased its application conversion rates in problem regions and reduced average applicant verification time while maintaining the same high-quality user experience and KYC compliance standards.

Corporate KYC: How to Verify and Onboard Businesses

Corporate KYC refers to the verification process of businesses and related individuals to ensure regulatory compliance. Although financial institutions are the only organizations required to perform corporate KYC, any company can benefit from it, especially those that provide services to other businesses.

KYC Onboarding: How to Achieve KYC/AML Compliance?

The KYC onboarding process is crucial for any company that wants to ensure customer trust and credibility. Companies must build an efficient and seamless onboarding to create a positive customer experience from the beginning, setting the tone for the entire customer relationship.

What is the Difference Between CDD and EDD?

Businesses perform different levels of Know Your Customer (KYC) processes on their customers, namely Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD). To understand CDD and EDD better, we’ll discuss the differences and key aspects of how to ensure proper compliance for low-risk and high-risk customers.

E-commerce Fraud: Guide to Preventing Money Laundering with Identity Verification

Amazon, eBay, AliExpress. These are just a few of the household names that have been ruling the e-commerce world. While e-commerce has been successful in providing convenience to customers, it also poses challenges for businesses, such as fraud and money laundering. If left uncontrolled, e-commerce brands can face revenue loss and other major consequences.

Case Study: Residenture

Check out what steps Residenture took to build a fully automated onboarding flow, seamlessly verifying all auction participants and confirming that they have a residence permit in Switzerland.

DAC7 Directive: How Online Marketplaces Should Collect, Verify, and Report Their Data

In this article, we share the essentials about what the new regulation, DAC7, is and how it affects online marketplaces. Learn more about the EU tax transparency rules and prepare your business for the changes.

The Complete Sanctions Screening Guide [Updated 2024]

Sanctions refer to penalties or punishments imposed due to violating a law, rule, or order. That’s why associating with a sanctioned business is not only dangerous reputation-wise but also illegal. To prevent such consequences, sanctions screening helps identify and manage risks and stops the business from being exposed to unwanted criminal activity.

KYC in Real Estate: Here’s Your Compliance Checklist to Prevent Money Laundering

Know Your Customer (KYC) checks have become a crucial part of the buying process when it comes to real estate transactions. Even if real estate brokers and home buyers don’t necessarily want to undergo additional security measures, Anti-Money Laundering (AML) regulations push businesses to ensure that no illegal activities are conducted in property sales.

Case Study: SupplierPlus

Find out how iDenfy’s AML screening and ongoing monitoring, as well as adverse media screening solutions helped SupplierPlus digitize its AML compliance workflow.

GPT-4: OpenAI Introduced a New Version of ChatGPT, But What’s Different?

TikTok, Reddit, and the whole internet are getting wild for the most popular chatbot created by OpenAI, the AI giants who managed to develop a system so powerful that people can’t stop talking about it since November 2022. Since the introduction of the latest version, GPT-4, a lot has changed in, once again, how we write outreach emails, generate code, do homework… And a whole bunch of other things — all powered by artificial intelligence.

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