Tag: KYC

Sumsub teams up with Fingerprint to stop fraud before it starts using advanced device intelligence. Read the full story now.

SmartSearch has announced a strategic partnership with Daon to enhance identity verification through the SmartDoc platform. The collaboration aims to strengthen customer onboarding processes for...

As global tax regulations tighten, prime brokers are under increasing pressure to weave tax compliance into every stage of the client lifecycle. According to TAINA...

Canada’s ongoing battle with fentanyl trafficking has taken a dramatic turn in recent years, with growing pressure on both borders and financial systems. In 2024 alone, authorities reported significant seizures of fentanyl moving between Canada and the US—10.8lbs entering from the US and 32.1lbs flowing the other way. These figures sparked diplomatic and economic fallout, including a 25% US tariff on Canadian goods imposed in March 2025.

Sanctions compliance has traditionally relied on name-based screening and public watchlists to flag potential threats, but as financial crime tactics evolve, this approach is...

Buying a home is a significant milestone, but the process can be fraught with complexity—especially when it comes to anti-money laundering (AML) checks. As...

The financial industry is under growing pressure to modernise, particularly when it comes to fighting financial crime. In this context, artificial intelligence (AI) has become a powerful tool for improving anti-money laundering (AML) efforts and ensuring regulatory compliance. But for many institutions still running on legacy systems, implementing AI can feel like an uphill battle.

WorkFusion has teamed up with 1LoD to produce a comprehensive Financial Crime Benchmarking Survey & Report, offering fresh insight into how top global banks...

As services across industries become increasingly digitised, the need for secure and streamlined methods of identity verification has intensified. Traditional methods such as physical...

Effective onboarding has become a critical business function, serving not just as the first touchpoint for customers and vendors but as a reflection of a company’s values and operational maturity.