AML/KYC And Identity Verification In Australia

Melissa AU Team | AML, Australia, Identity Verification, KYC | , , ,

Businesses need to know their customer details not only to be able to assess their needs but also to comply with governmental KYC and AML regulations. In Australia, any business that provides services listed under section 6 of the AML/CTF Act needs to perform a certain level of identification for all their customers. What’s more, AUSTRAC, the Australian Government agency is due to amp up the identification procedures and due diligence required.… Read More

Biometrics: A Big Need in Digital Identity 2022

Melissa UK Team | 2022, AML, eIDV, Fraud Prevention, Identity Verification, United Kingdom |

With the transition to hybrid cloud technology accelerating across various sectors, the use of biometric technology has only been taken seriously over the past few years with the pandemic shining a spotlight on its benefits.

A major use case is remote onboarding of customers and clients, verifying their identity on a digital scale in a matter of seconds, rather than manual checks where a person would have to come in and present various forms of ID to a person. … Read More

Identity Verification Procedures Used By The Top 5 Crypto Exchanges

Melissa IN Team | Identity Verification, India | , , ,

Cryptocurrency is relatively young in the financial ecosystem but it has grown rapidly. As of 2021, there were over 300 million crypto users in the world. Many businesses have started accepting cryptocurrency as payment but most investors still use cryptocurrency to build assets akin to those held in the stock markets. As acceptability rises, so does the need for cryptocurrency exchanges to protect themselves and their clients.… Read More

Why is Document Verification Important?

Melissa UK Team | 2022, Digital Identity Verification, ID Document Verification, Identity Verification, United Kingdom

The first benefit of ID Document Verification is being able to verify a customer’s physical ID in real-time digitally. This enables organisations to authenticate that a person is who they say they are, from any remote location. This removes the need for timely manual checks where a staff member would have to check the ID and match it against that person physically, which is often a waste of resources.… Read More

Melissa 2022 Catalog Offers Solutions to Improve Address Management, ID Verification, and Data Enrichment

Melissa Team | 2022, Address Autocomplete, Address Check, Address Correction, Address Quality, Address Standardization, Address Validation, Address Verification, catalog, Data Enhancement, Data Enrichment, Global Address Verification, Global ID Verification, Identity Resolution, Identity Verification, International Address Verification, Press Release | ,

Industry resource highlights importance of global customer data tools for DBAs, developers, and direct marketers

Rancho Santa Margarita, CALIF – February 16, 2022 – Melissa, a leading provider of global data quality and address management solutions, today announced availability of its 2022 Melissa Solutions Catalog highlighting the company’s comprehensive suite of solutions and services that help keep customer data clean, up-to-date, and enriched for the greatest insights and most efficient business practices.… Read More