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Find here all the latest articles, news, and research on KYC and other KYC-related topics:

Find here all the latest articles, news, and research on KYC and other KYC-related topics:

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Fraudsters vs. feds: how the US regulations are racing to counter next-gen scams

Voice of the Industry | Digital Identity, Security & Online Fraud | 21 Feb 2025

Dheeraj Maken, Practice Director at Everest Group, provides an insightful overview of the current state of the US fraud system, emphasising the spikes of scams due to the use of new technologies, and the need for stronger regulations to stop this rising phenomenon.


scam, romantic scam, money scam, DeFi, crypto, crypto asset, fraud detection, online fraud, fraud prevention, payment fraud, regulation, artificial intelligence, APP fraud, compliance, KYC, real-time payments, RTPs, BNPL

Looking internationally to fight fraud domestically

Voice of the Industry | Digital Identity, Security & Online Fraud | 18 Feb 2025

Reed Luhtanen, Executive Director of the US Faster Payments Council (FPC), elaborates on internationally-observed strategies that, if implemented, could help the US combat fraud to increase faster payments adoption.

payments , instant payments, real-time payments, RTPs, fraud prevention, biometric authentication, multi-factor authentication, transaction monitoring, Confirmation of Payee, data sharing, machine learning, data analytics, fintech, KYC, financial crime, FedNow

Fenergo teams up with PwC to optimise financial institutions' operations

News | Digital Identity, Security & Online Fraud | 13 Feb 2025

AI-powered solution for KYC and transaction monitoring Fenergo has teamed up with PwC to support the provision of its Client Lifecycle Management (CLM) and Know Your Customer (KYC) solutions to financial institutions. 

partnership, AML, KYC, financial crime, financial institutions, artificial intelligence

Singapore banks lose clients due to KYC inefficiencies

News | Digital Identity, Security & Online Fraud | 10 Feb 2025

Fenergo has reported that nearly 90% of banking executives in Singapore report losing clients due to delays in the onboarding process, marking a 35% increase from 2023.

regulation, KYC, fraud management, banks, AML

Sumsub integrates Australia's DVS for fraud protection

News | Digital Identity, Security & Online Fraud | 05 Feb 2025

Sumsub, a global verification platform, has launched its Australia DVS (Document Verification Service) product.

KYC, product launch, fraud prevention, identity verification, regulation

Predictions in merchant payments in 2025

Interviews | Payments General | 04 Feb 2025

Merchant Payments Ecosystem (MPE) discussed with key personas from fintechs to find out their predictions in merchant payments for 2025. The Paypers has selected some of the most relevant answers to highlight the industry’s main challenges and opportunities unfolding over the next  months.


online payments, payments , cross-border payments, chargebacks, fraud management, fraud detection, online fraud, merchant, merchants, ecommerce, ecommerce platform, merchant fraud, fraud prevention, behavioural biometrics, identity verification, risk management, bot attacks, KYC, online authentication, PSD2, PSD3, POS, API, artificial intelligence, machine learning, SMEs

BofA and JP Morgan to petition White House and Congress following conservative appraisal

News | Online & Mobile Banking | 29 Jan 2025

Bank of America (BofA) and JP Morgan have announced their intention to lobby the White House and Congress following accusations of closing accounts of conservative customers for political reasons. 

regulation, financial services, financial institutions, KYC, money laundering

How can Open Banking reduce fraud?

Voice of the Industry | Online & Mobile Banking | 23 Jan 2025

Henrik Hodam, Senior Product Manager at Worldline, delves into how Open Banking's real-time insights reduce fraud and improve compliance.

Open Finance, Open Banking, fraud prevention, financial services, PSD2, SEPA Direct Debit, SEPA, KYC, KYB, financial data, compliance, SCA, GDPR, IBAN, credit scoring

US judge fines BitMEX USD 100 million for AML breaches

News | Online & Mobile Banking | 16 Jan 2025

Seychelles-based crypto derivatives exchange BitMEX has been fined USD 100 million for breaching US Anti-Money Laundering (AML) laws to scale its revenue. 

regulation, AML, KYC, fraud management

Zero Trust explained: a CISO's guide to secure digital onboarding and cybersecurity

Interviews | Digital Identity, Security & Online Fraud | 13 Jan 2025

‘Don't talk to strangers, aka Zero Trust’, is Joseph Carson's advice, Chief Security Scientist & Advisory CISO at Delinea, for navigating digital onboarding and security.


cybersecurity, digital identity, trust, Zero Trust, online authentication, authorisation, KYC, identity verification

Revolut Pay expands to enhance crypto fraud protection

News | Cryptocurrencies | 18 Dec 2024

Revolut plans to extend its Revolut Pay security platform to crypto transactions in 2025, enhancing fraud protection for its customers.

fraud prevention, crypto, KYC, API, digital assets

RBI leverages AI tool to mitigate digital fraud

News | Digital Identity, Security & Online Fraud | 11 Dec 2024

The Reserve Bank of India (RBI) has announced that it developed an AI/ML-based model, MuleHunter.ai, to mitigate the issues brought by mule accounts, leveraged for financial fraud. 

fraud management, fraud detection, KYC, product launch, financial services

GLEIF partners with KVK to support instant due diligence

News | Online & Mobile Banking | 11 Dec 2024

The Global Legal Entity Identifier Foundation (GLEIF) has teamed up with the Netherlands Chamber of Commerce (KVK) to simplify due diligence and scale transparency for global transactions. 

partnership, KYC, online security, data sharing, financial data, SMEs

KYC Portal CLM introduces SaaS model to deliver compliance management to the cloud

News | Digital Identity, Security & Online Fraud | 03 Dec 2024

KYC Portal CLM has announced the launch of its Software-as-a-Service (SaaS) model, enabling businesses to utilise compliance management features without needing on-premises infrastructure. 

KYC, SaaS, compliance, product launch, fraud management, cloud services

Themis launches Tathabbat to help protect Saudi Arabia's economic expansion

News | Digital Identity, Security & Online Fraud | 03 Dec 2024

Themis has announced the launch of Tathabbat, an AML and KYF/KYC firm that aims to protect Saudi Arabia’s economic expansion.

product launch, fraud management, online fraud, KYC, AML

Harmoney acquires APPC to deliver unified compliance to financial institutions

News | Digital Identity, Security & Online Fraud | 28 Nov 2024

Harmoney has announced that it acquired APPC, the Forsides Group KYC and AML subsidiary, to offer financial institutions a comprehensive, all-in-one compliance solution. 

acquisition, financial institutions, AML, KYC, data, CFT

The role of ID verification and biometrics in safeguarding online shopping

Voice of the Industry | Digital Identity, Security & Online Fraud | 25 Nov 2024

Michael Greenwood, Senior Research Analyst at Juniper Research, explores the role of ID verification and biometrics in safeguarding online shopping.

ecommerce, identity verification, fraud prevention, online shopping, account takeover, m-commerce, digital onboarding, identity fraud, KYC, AML, NFC, OCR, biometrics, biometric authentication, digital identity, artificial intelligence, payments , paytech, fintech, Spoofing, deep fake

10x Banking partners with Alloy to improve customer onboarding

News | Digital Identity, Security & Online Fraud | 22 Nov 2024

Cloud-native core banking platform 10x Banking has entered a partnership with Alloy, a US-based identity and fraud prevention platform.

partnership, digital onboarding, KYC, KYB, compliance

South Korea investigates Upbit over alleged KYC violations

News | Cryptocurrencies | 18 Nov 2024

South Korea has ramped up its regulatory scrutiny of cryptocurrency exchanges such as Upbit, focusing on compliance with Know Your Customer (KYC) requirements.

cryptocurrency exchange, regulation, KYC, money laundering

RBI introduces new modifications to KYC regulations

News | Digital Identity, Security & Online Fraud | 11 Nov 2024

The Reserve Bank of India (RBI) has announced new modifications to Know Your Customer (KYC) guidelines, with the regulator intending to optimise how financial institutions verify identities. 

KYC, regulation, financial services, CDD, bank account