by Thais | Jan 10, 2023 | Digital Onboarding
In this article, we are going to lay out what the onboarding meaning is, how a customer onboarding process should be The digital client onboarding process represents the core process in which companies and organisations incorporate their customers and users in a fast,...
by Thais | Dec 23, 2022 | KYC & AML
CDD MEANING: CUSTOMER DUE DILIGENCE What is CDD? The Customer Due Diligence meaning, often abbreviated as CDD, is a process that financial institutions, businesses, and other organisations use to gather information about their customers and clients in order to...
by Thais | Dec 15, 2022 | eIDAS regulation, AML5 and AML6
eIDAS (Electronic Identification, Authentication and Trust Services) is a European Union (EU) regulation implemented in 2014 to ensure secure and reliable electronic identification and trust services across the EU. The regulation facilitates electronic interactions...
by Alex | Dec 7, 2022 | Awards & Events
For the sixth consecutive year, Electronic IDentification has entered the RegTech100 list for 2023, a list that gathers the world’s most pioneering businesses in the regulatory technology market that are helping financial institutions deal with the...
by Patricia Diez | Nov 14, 2022 | eIDAS regulation, AML5 and AML6, KYC & AML
From some time on, the online identification solutions that allow customer identification by taking ID images of their documents and selfies for verification and identification purposes no longer comply with the regulations about money laundering and terrorist...
by Alex | Oct 28, 2022 | Solutions
When offering digital services, it is common for companies to create platforms or private websites requiring customer registration. Digital authentication technologies are the gateway to these services and enable users’ remote identification. As there are...
by Alex | Oct 14, 2022 | KYC & AML, Solutions
What is a bank account verification process and why do you need to verify your clients’ bank accounts? The bank account verification process is a process carried out by the bank at the time of opening a customer’s bank account. It allows all the necessary checks to be...
by Patricia Diez | Oct 6, 2022 | Solutions
GovTech is the flagship bet of many startups, SMEs, and digital consultants to digitalise public administration once and for all. Taking into account the transformations that the private sector has been experiencing in the last decade, not only within process...
by Alex | Sep 29, 2022 | KYC & AML
The KYC (Know Your Customer) process is performed when a company or entity must know and verify the identity of the person with whom it interacts. For a company we will speak of a user or customer and for a public administration, for example, we will speak of a...
by Alba | Sep 22, 2022 | KYC & AML
(KYB) Know Your Business process is not so different from the most widely known and standardized Know Your Customer (KYC) process. The difference from KYC lies in the purpose and intentionality of the process, which is focused on identifying companies and suppliers....
