Finding the Sweet Spot Between Fraud Prevention & Easy Onboarding
In the modern digital age, 1 in 2 end users will experience digital identification verification (IDV), making online identity verification the new norm. Growing commonality does not, however, mean that digital IDV is without complexity. Finding the ideal balance between strong security and a flawless user experience (UX) remains a difficult task.
How AML & KYC Tools Can Prevent Crypto Fraud & Money Laundering
Due to the nature of cryptocurrency being both decentralised and anonymous, this makes virtual currencies susceptible to fraud. For cryptocurrency businesses, this entails both financial and reputational threats.
Crypto KYC 2024 Regulations Update
During 2023, many regulatory bodies have taken note of the rapidly growing virtual asset industry and have realised the potential impact that this industry has on the already established markets and industries around the world.
