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 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....
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...
