Using the Refinitiv automated KYC solution, Binance will be able to integrate the functionalities of World-Check into it internal workflow, which would allow it to streamline the screening process for onboarding, KYC and third-party risk due diligence.
KYC as a Service integrates trusted legal entity information from authoritative sources in over 200 countries and 60 languages. It is underpinned by a global policy that has been stress tested with more than 100 regulators and financial institutions.
The service offers client identity, verification, screening and monitoring for accelerated client onboarding, remediation and refresh built on a collaborative platform that streamlines KYC compliance and the distribution of due diligence documentation.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.