“FX Back Office is a very popular CRM and we share many clients worldwide today who will gain from this partnership, as well as any new clients. The integration of our platforms meets brokers’ demands and is a great strategic partnership for both firms.”
Search Query: #kyc
The financial sector’s trade evolution has led to the emergence of several financial markets that provide excellent opportunities for wealth creation. However, it has also given rise to many fraudulent organisations that attempt to steal money from traders. KYC providers developed and offered KYC technology to combat criminal activity in the field of trading and investing.
“We look forward to their contributions to the MFTA family and the Policy and Regulations Working Group and believe that together, we can create a more secure and compliant environment for fintech to thrive in the Middle East and Africa.”
The Belgian football club plans to leverage iDenfy’s full-stack KYC software to enable digital identity.
“The way businesses comply can be a major point of difference in driving commercial performance. Our central philosophy is to help our customers comply and outperform.”
“Our recent annual Identity Fraud Report showed that fraud is growing at an alarming rate, and 96% of all cases occur across the Crypto and FinTech sectors. Worryingly, there was a 10x increase in the number of deepfakes detected globally across all industries from 2022 to 2023, with a 1530% deepfake surge across the APAC region during this period.”
“The introduction of mandatory KYC requirements for all users is a decisive step towards enhancing user security and aligning with global financial regulations.”
Swarm adopts a dual strategy, combining the security of regulatory compliance with the dynamism of decentralization. The platform currently supports 11 tokenized assets, ranging from tech giants like Apple and Microsoft to fixed-income products like iShares US Treasury bonds.
“Each of the DLT solutions that we are bringing to market have been uniquely designed to drive significant operational efficiencies, enhanced security, increased liquidity and improved cost savings for our clients.”
“True on-chain trading will fundamentally reshape the world of traditional finance as we know it. Helix Institutional sets the stage for sophisticated parties to enter DeFi in a permissioned manner that was previously not possible. In turn, both on-chain capital inflows and usage can begin to rise in unison.”
Cryptocurrency market maker and liquidity provider, B2C2 has appointed Karolina Obalkowska as the Head of KYC/Client Onboarding.
“We are thrilled to be partnered with Sumsub to ensure seamless compliance with the upcoming regulatory requirements for virtual asset service providers.”
Binance has chosen Liquid, a Tokyo-based biometrics firm, as its identity verification partner for its Japanese platform. This partnership will allow Binance Japan to ensure compliance with the nation’s strict know-your-customer (KYC) regulations by utilizing Liquid’s eKYC (electronic know-your-customer) service.
“The more types of ID cards, passports, residence proof, and other documents we are able to deal with, the higher the pass rates our global clients reach. Our key priorities are user satisfaction, bulletproof fraud protection, and compliance with local AML/KYC regulations.”
“We encourage stakeholders to review this guidance to better understand our expectations of public crypto asset funds. It is important for such funds to clearly understand their existing regulatory obligations given recent events in the crypto market.”
“This partnership with InvestGlass enables us to offer our efficient, user-friendly KYC solutions to a wider audience. We look forward to supporting brokers, banks, and crypto providers in navigating their compliance journey.”
“KuCoin has strengthened our KYC system to comply with regulatory requirements worldwide and better protect the asset security of all cryptocurrency users through enhanced KYC rules”
“The Digital Trust and Transaction Fraud for Banking solutions which are part of our RiskOps platform will empower Novobanco to further enhance its fantastic service whilst providing the highest level of financial security for its customers.”
“The use of synthetic fraud is rising at an alarming rate and leading to the rapid spread of misinformation, as recently seen with the fake images of the explosion at the Pentagon resulting in significant media hype.”