Blogs
Why KYC Matters in the Digital Age
With today’s business and financial markets increasingly facing the challenge of keeping up with a rapidly evolving digital world, knowing who you’re dealing with and how to protect sensitive data and assets from being accessed by fraudulent users is essential. Know...
Biometric Verification: Strengthening Due Diligence and Protecting Identities
In today's digital world, streamlined and reliable identity verification is essential for compliance and the protection of vulnerable persons, as well as safe business practices. From validating users conducting financial transactions to ensuring that sensitive...
Distinguishing Money Laundering from Embezzlement
With the world of financial crime constantly shifting and evolving, navigating illicit activities has become increasingly complex. Two prominent crimes within the financial sector are money laundering and embezzling, and while both do pose significant risk to...
Navigating the Risks of Working with Sanctioned Individuals: 5 Crucial Insights
As recent state conflicts have reminded the global market, the realities of conducting international trade and business is not without its fair share of risk and necessary regulation to avoid further harm. Sanctions serve as a form of intervention and protection for...
Streamlining Compliance: Leveraging Enhanced Due Diligence and iComplyKYC to Safeguard Your Business
Financial institutions are facing statistics that paint a bleak picture with regard to the current challenges posed by evolving fraud and related criminal practices. With digital security at the forefront of concern in 2023, knowing who you’re doing business with is...
The Importance of Choosing the Right KYC Vendor: Safeguarding Your Business in the Digital Age
Are you set up for success when it comes to KYC compliance and anti-AML practices? As of Q2 of 2023, an estimated 5.18 billion users have adopted online practices (source). With this rapid rise in digital adaptation comes an increased focus on identifying and...
Streamlining KYC and KYB for Trust and Compliance
With eCommerce continuing to experience exponential growth since increasing over 50% to over $870 Billion over the course of the pandemic (source), financial fraud and digital criminal activity have risen in tandem, posing a significant threat to financial...
Key Considerations for Implementing KYB and KYC Software for Your Business
With businesses facing the ongoing challenge of operating in a digital landscape that welcomes an increasing amount of users (source) each year, the need for robust Know Your Customer (KYC) processes has become integral for security and crime prevention. The Financial...
Ensuring KYC Compliance: Best Practices for the Legal Industry
When we think of Know Your Customer (KYC) and AML protocols, most people tend to associate the terms (and practice) with businesses involved in the financial sector, and for good reason. Banks, digital vendors, and other forms of financial institutions are beholden to...
Customer Due Diligence You Can Trust: iComplyKYC
Is your customer due diligence process set up for success? Ensuring the safety of digital commerce and virtual asset management have become two of the most important points of conversation when it...
Payments
Robust AML/CFT screening and monitoring for any type of payment, easily customizable to fit your back-end workflows.
What Do YOU Need From KYC?
KYC ("Know Your Customer" or "Know Your Client") is critical for verifying client and customer identities to manage risk in the digital world. Both KYC and compliance protocols have been standard in...
Know Your Customer, Protect Your Bottom Line
In today’s busy global market, the need for security and transparency is greater than ever before. The rapid pace and advancement of digital technology have led to great leaps and bounds when it...
Invest in Banking & Finance KYC Solutions You Can Trust
Are you set up for success when it comes to compliance with the many safety regulations that moderate the finance and banking sectors? If your institution is lagging when it comes to KYC and AML...
Sanctions Update: Russia, Ukraine, and Global Uncertainty
Recent Russian sanctions and what organizations can do to ensure compliance coverage for the most up-to-date information on changing sanctions updates
October 2021 Regulatory Updates
Regulatory actions and industry updates from financial authorities and regulators around the globe in October 2021
Ethics of AI in Facial Recognition – Credit Unions
Our latest expert insight from Barb MacLean at Celero reviews the ethical impacts credit unions face when using facial recognition software
iComply Investor Services Named a CyberTech100 Company for 2021
The CyberTech100 list for 2021 recognizes the world’s most innovative companies focused on helping financial institutions combat cyber threats and fraud
May 2021 Regulatory Updates
Regulatory actions and industry updates from financial authorities and regulators around the globe in May 2021
April 2021 Regulatory Updates
Regulatory actions and industry updates from financial authorities and regulators around the globe in April 2021
Thomson Reuters Marketplace Selects iComply as a KYB, KYC, and AML Partner
Thomson Reuters has launched its Marketplace, featuring a curated selection of software solutions for law firms, corporate law offices, and tax and accounting professionals
Don't take our word for it - here's what clients say about us!
We have settled in with your service and are very impressed. I have every confidence in iComplyKYC for the UK, where increasing pressure from regulators to not only improve AML compliance, but also to be able to demonstrate it.
European Business Systems, London, UK
iComply automates over 80% of our compliance tasks and consolidated multiple vendors.
Alt 5 Sigma, New York, US
I love that we can adjust for regulatory changes or business needs without a big software build.