Exploring the Necessary Steps for KYC Compliance

Melissa Team | EIV, FinTech, Global ID Verification, Identity Resolution | , , , ,

All businesses want to “know” their customers, right? After all, what you don’t know about consumers can definitely hurt you in lost sales, hindered growth, and impaired customer loyalty.

But for some industries—in particular the financial services, banking, and securities businesses—the phrase “know your customer” (KYC) means more than just good business.… Read More

How to Know Customers Are Who They Say They Are

Blog Administrator | Analyzing Data, Analyzing Data Quality, Customer Identities, Data Cleansing, Data Enhancement, Data Enrichment, Data Quality, Full Contact Authentication, Global ID Verification, Identity Resolution, Marketing, Personator | , , , , ,

In 2015 alone, 62% of companies were targets
of payment fraud. As customers increasingly conduct their financial affairs
online and via mobile devices, risk management and fraud prevention become more
and more difficult. So, how do you know customers are who they say they are?
Read More

Know Your Customer Compliance Boosted by Tech Innovations

Blog Administrator | Analyzing Data, Analyzing Data Quality, Big Data, Data Cleansing, Data Governance, Data Integration, Data Management, Data Matching, Data Migration, Data Profiling, Data Quality, Data Warehouse, FinTech, Identity Resolution | , , , , , ,

Fintech
breakthroughs that identify,validate and augment customer data help financial
services organizations head off fraud, operate within the rules

 

One
of the most pressing issues facing the financial services industry today is the
prevailing emphasis on security and fraud prevention. Big data and analytics
are leveraging the power of the Internet, but also offering big, juicy plums
for hackers, credit card fraudsters, money launderers and terrorists.
Read More