The stability, security, and transparency of India's skyrocketing crypto market rest on strong KYC and AML frameworks that enable millions of users to participate confidently, exchanges to operate ...

With around five billion people in the world having access to a smartphone, out of a global population of just over eight billion, a mobile number is quickly becoming a vital part of the identity ...

RBI has repealed the 2016 KYC Master Direction and mandated adoption of the new 2025 KYC Directions across all payment systems. The update standardizes KYC, digital verification, and due diligence ...

LONDON--(BUSINESS WIRE)--Shufti Pro, a leading provider of IDV and fraud prevention solutions, continues to empower global businesses with its innovative product portfolio. The company provides an ...

On February 13, 2024, FinCEN proposed a long-awaited rule to combat illicit finance and national security threats in the asset management industry. The new rule would impose similar requirements on ...

Automated identity document scanning addresses these challenges by standardizing data extraction while adapting to regional document formats and compliance requirements. OCR Studio enables ...

On May 13, 2024, FinCEN and the SEC jointly proposed a new rule that would require SEC-registered investment advisers and exempt reporting advisers to maintain written customer identification programs ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Together, they are launching an integrated solution for Know Your ...

AML India announces the launch of tailored AML offerings for IFSC entities that are subject to compliance with IFSCA (AML, CFT, and KYC) Guidelines, 2022. With the best practices, tools, and resources ...

Opinions expressed by Entrepreneur contributors are their own. AI significantly improves anti-money laundering (AML) and know your customer (KYC) processes by ...

NRIs and OCIs can now digitally onboard to NPS with relaxed physical presence requirements, while ensuring stringent KYC, anti-fraud, and geo-tagging ...

South Korea is preparing to issue large fines and penalties against several major crypto exchanges after months of regulatory ...