KYC

Peek into Mexico's evolving financial scene, highlighting its robust fintech growth, the critical importance of KYC and AML measures, and the strategic moves towards financial inclusion and security.

Liveness verification is an easy but secure way to check who someone is. It asks users to take a selfie, and sometimes more selfies or videos, to prove it's really them.

Various documents can serve as proof of address, including utility bills, bank statements, mortgage contracts, and more. It is essential to consult your local bank for specific requirements and ensure the document is certified by a government or recognised authority.

Starting May 1, 2024, all businesses using BankID must update to comply with new anti-fraud regulations. This guide covers Secure Start, its impact on user experience, benefits, and how to transition smoothly.

The article addresses the challenge of AI-generated fake IDs by OnlyFake, impacting cybersecurity and financial sectors. It proposes solutions like advanced document verification and biometric checks to enhance online identity verification.

AI-generated fake IDs, available for just $15, are reported to bypass KYC checks on crypto exchanges, raising concerns about fraud and identity theft, prompting exchanges to review their verification processes.

In today's rapidly evolving digital world, seamless onboarding has become more than just a convenience—it's a necessity.

In the age of globalisation, businesses are more interconnected than ever. Boundaries that were once barriers have become bridges, connecting markets and consumers worldwide.

This article dives into why and how customization is becoming an indispensable tool for businesses aiming to refine their verification processes.