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 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...
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...