AML And KYC: The Need Of The Hour For Crypto Exchanges

Melissa IN Team | AML, KYC | , , , ,

While cryptocurrency may still be far from being accepted as legal tender in most countries, it is one of the reigning investment routes. The transparency offered and ease of investment are probably the two most important factors contributing to its popularity. But, the convenience it offers has also made it attractive for money laundering and terrorist funding. This is a global problem that has brought about the need for strong Anti-Money Laundering (AML) legislation and Know Your Customer (KYC) processes. The challenge now for crypto exchanges and wallets is to balance regulatory compliance with a smooth customer experience.

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Biometrics in 2020

Melissa AU Team | Biometrics | , , , , , , ,

From online shopping to banking and investment trading, a growing number of interactions occur through digital screens and the internet as compared to face-to-face interactions. This has prioritized the need for digital identification and authentication. With this background, biometrics is emerging as the ideal solution to improving enterprise security. Did you know why? Because of the simple reason that biometric identifiers are considered unique and cannot be replicated.… Read More