Daniel Meyer explains why financial institutions must automate Know-Your-Customer (KYC) processes to minimise fraud risk, ...

Banks are struggling to keep up with evolving KYC expectations. Despite efforts to modernize, outdated processes continue to ...

The Centre will launch an updated Central KYC Registry in 2025, featuring AI-based matching algorithms and secure electronic ...

However, many crypto companies have weak or porous KYC controls, leading to increased fraud risk. According to Coindesk, crypto users lost almost $4 billion to “scams, rug pulls and hacks” in ...

It is not a practice that is at all encouraged by the authorities as well. It depends on the high-risk customers; KYC needs to be updated every 2 years; medium-risk customers need to be updated ...

FTX notifies creditors of fund distribution starting February 18, 2025, via Bitgo and Kraken, amid $345M non-KYC claims ...

Singapore’s banking industry is facing challenges as clients abandoning banks due to "slow and inefficient onboarding ...

Find out why Ethereum and Shiba Inu investors are turning to RCO Finance, captivated by its AI-driven Robo Advisor and the ...