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....
by Patricia Diez | Sep 15, 2022 | KYC & AML
Probably, you have recently heard or read about the concept eKYC (electronic Know Your Customer or digital KYC). The needs of identification and user registration have increased with the transposition of the offer of products and services of all kinds to the online...
by Alex | Sep 2, 2022 | Solutions
Carrying out any type of operation or procedure with a private company or public administration requires verifying the identity of the holder first. Before letting the user operate, carrying out a document verification process is a must to prove the person is who they...
by Patricia Diez | Aug 25, 2022 | KYC & AML
The AML Directives or Anti-Money Laundering Regulations, also known as Prevention of Money Laundering, are closely related to the KYC (Know Your Customer) process. It is important to understand the magnitude of the risks associated with money laundering because the...
by Patricia Diez | Aug 11, 2022 | Electronic Signature with Digital Identification
WHAT IS THE EU DIGITAL IDENTITY WALLET? The EU Digital Identity Wallet is a European Commission Project that has been led by its president, Ursula Von der Leyen, and that is aiming to enable a unified digital identification system in Europe. This EU Digital ID Wallet...
by Patricia Diez | Aug 2, 2022 | Digital Onboarding, Video IDentification
ID verification, ID check or identity verification is the process that ensures a person is who they are supposed to be. But… How to guarantee safety when this process is done online? Identity is the attribute of identical, the exact correspondence of one thing with...
by Patricia Diez | Jul 28, 2022 | Facial Biometrics
What is facial recognition, also known as face recognition? How does facial recognition work? What practical applications can it have? Biometrical facial recognition is one of the most demanded identification solutions for online identity verification....
by Alex | Jul 21, 2022 | Electronic Signature with Digital Identification, Solutions
In the wake of the digital revolution that has swept the world, countries updated their regulations to incorporate digital signatures to facilitate online business. In the EU, eIDAS regulation has classified three primary types of e-signatures: SES, AES and QES. This...
by Patricia Diez | Jul 14, 2022 | eIDAS regulation, AML5 and AML6
6AMLD (6th money laundering directive) represents the next step in European regulations on money laundering and terrorist financing. In a recent article, we delve into the status and evolution of the fifth European Anti-Money Laundering Directive (AML5), the current...
by Patricia Diez | Jul 7, 2022 | eIDAS regulation, AML5 and AML6
What is 5AMLD or 5th Money Laundering Directive or AML5? What is the 5th AML directive? The 5th money laundering directive or AML5 is the European Union community rule standard for the prevention of money laundering and terrorist financing. The EU 5th AML Directive...
