by Alex | Jul 1, 2022 | KYC & AML
An estimated US$2 trillion dollars of criminal money makes its way into the banking system every year. Know Your Customer, commonly referred to as KYC, is a bank’s or financial service provider’s first line of protection against financial crime. In response to the...
by Patricia Diez | Jun 28, 2022 | KYC & AML
KYC (Know Your Customer) related practices are especially relevant in user and client relationships with businesses and are the first step in a customer relationship with a company. Its importance in relation to customer onboarding, its relationship with identity...
by Patricia Diez | Jun 23, 2022 | Digital Onboarding, eIDAS regulation, AML5 and AML6
What Does KYC Mean in Crypto? So, what is KYC in cryptocurrency? Together with AML (Anti Money Laundering) directives, the KYC concept is key to establishing controls that facilitate transactions, increase the security of cryptocurrencies and prevent fraudulent use of...
by Alex | Jun 20, 2022 | eIDAS regulation, AML5 and AML6, Electronic Signature with Digital Identification, Solutions
WHAT IS A QUALIFIED ELECTRONIC SIGNATURE (QES MEANING) So, what is a Qualified Electronic Signature or QES? The Qualified e-Signature (QES) is perceived as the most complete and secure method to digitally prove the identity of a subject and the acceptance of the...
by Alex | Jun 17, 2022 | eIDAS regulation, AML5 and AML6, Solutions
An overview of the webinar “Don’t Trade Growth for Compliance”, happened on June 15, 2022, which featured the industry experts in the crypto and legal fields: Koen Vanderhoydonk – CEO & Founder of “The Connector”Joaquim Matinero...
by Alex | Jun 10, 2022 | eIDAS regulation, AML5 and AML6
The Federal Financial Supervisory Authority, better known as BaFin, is the German financial services regulator. BaFin ensures the financial oversight of credit institutions, payment service providers, insurers, pension funds, and assets management companies. This post...
by Patricia Diez | Jun 2, 2022 | Electronic Signature with Digital Identification
The advanced electronic signature or advanced digital signature is one of the accreditations of identity and acceptance of the content of document methods. However, this type of electronic signature is not unique. Digitalization has allowed companies and institutions...
by Patricia Diez | May 30, 2022 | KYC & AML
The FATF (or GAFI) and its recommendations set the action framework for the fight against money laundering and terrorist financing. It is crucial to know the importance of this body and the policies it applies to understand how the financial sector is formed and how...
by Patricia Diez | May 12, 2022 | eIDAS regulation, AML5 and AML6, Electronic Signature with Digital Identification
The eIDAS regulation introduces a paradigm shift in digital identification and electronic signature in Europe. This new community regulation has forever changed the way of doing business and how companies and users in Europe interact with each other....
by Alba | May 6, 2022 | Facial Biometrics
WHAT IS IDENTITY FRAUD THROUGH FACIAL SPOOFING? THE NEW SPOOFING ATTACK Identity fraud on the Internet is a practice that has been growing in recent years. It refers to the various techniques used by fraudsters to pretend to be someone else to commit a crime or...
