Tag: KYC
The Future of AML and KYC in 2024: Insights from Consumer Research on Digital Identity Verification
By James Roberts, Digital Marketing Manager at FullCircl. A new focus on digital identity verification As the financial landscape continues to evolve, the importance of Anti-Money Laundering (AML) and Know Your Customer (KYC) processes has never been more pronounced. These protocols are integral to combating financial crime and ensure regulatory compliance. However, in 2024, the focus…
The Rise of Identity Access Management, IAM, in Fintech
This is a guest post by Devin Partida, a prolific writer about crypto, open banking and fintech for publications like Worth, Due, Yahoo! Finance and Entrepreneur. The fintech industry is no stranger to innovation, often far outpacing other sectors in adopting new technologies. As fintech firms attempt to balance agility and security, new tech tools…
What can you do with AI in Financial Services?
Artificial Intelligence (AI) is probably the biggest buzzword in the business and finance world. Yes, even more than blockchain. AI is not particularly new and can trace its roots back to the mid 1950s. However, it is true that developments in computing over the past 20 years have led the field to progress tremendously. It…
Can Fintech help with financial inclusion?
One of the biggest premise of fintech, perhaps somehow implied, is that it would change banking for the better. You know the story: the year is 2009, greedy banks have created a massive mess. And that’s an understatement, just watch The Big Short (ad) for a quick recap. In the following years, fintechs will emerge…
