Blogs
Enhanced Due Diligence: When KYC and Customer Due Diligence Aren’t Enough
With recent advances in technology —such as facial recognition, biometrics screening, and natural language processing—making financial crimes like fraud and money laundering increasingly more elusive to detect, organizations within the finance, banking, and securities...
Choosing AML Software: Why Anti-Money Laundering Protocols Should Always Be A Priority
Did you know that an estimated 2-5% of the global GDP (approximately $800 Billion - $2 Trillion USD) is laundered each year? With money laundering posing such a huge threat due to its ties to financing terrorism, forced prostitution & human trafficking, smuggling,...
Power in Transparency: Why Comprehensive KYC Protocols Matter
Do you know who you’re doing business with? Organizations must have properly vetted security and identification processes in place to protect their business and clients, particularly to lay a solid foundation for future growth and success. Know Your Customer (KYC)...
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 comes to global securities, specifically when it comes to anti-fraud,...
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 the banking, credit, eCommerce, and other financial sectors for more...
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 comes to doing business, but these new developments aren’t without their...
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 processes, it’s time to invest in proven compliance assets that are...
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
Improving Business Resilience with Intelligent Compliance Automation
How financial services providers can take advantage of the new contactless culture
Microsoft Partners with iComply to Enable Remote KYC and AML Verification
Partnership provides financial service providers, financial planners, law firms, mortgage brokers and insurance agents with a full suite of tools to serve clients without face-to-face meetings...
Canadian Regulators Issue Warning for Halifax & Associates
Multiple Canadian regulators issued investor alerts against online trading platform Halifax & Associates for selling illegal securities
iComply Announces $2M Grant for COVID-19 Relief
iComply announces iComply for Good, a $2M USD services grant for government and community organizations directly involved in COVID-19 relief and support initiatives.
Luxembourg Targets Companies in “Non-Cooperative” Tax Jurisdictions
Luxembourg to Deny Tax Deductibility for Companies Based in Non-Cooperative European Union Countries
Monetary Authority of Singapore Targets TMF Trustees
MAS imposes SGD $400,000 fine on TMF Trustees Singapore for failure to comply with AML and CTF requirements for trust companies
SEC Emergency Action Stops Virtual Asset Scam
U.S. Securities and Exchange Commission freezes Meta 1 Coin Trust’s assets, charges former state senator and associates
Tokyo Police Arrest Buyers In $530M Cryptocurrency Hack
Two Men Arrested in Japan for Purchasing NEM Cryptocurrency Stolen from Coincheck
Canada: Real-Estate Firms Violate Anti-Money Laundering Rules
FinTRAC Audits the AML Programs of 500 Real Estate Firms with Troubling Results
Overstock Annual Report Details SEC Investigation Into tZero Security Token
The parent company of the security token exchange tZERO was subpoenaed twice by the U.S. regulator at the end of 2019.
U.S. Targets Bank M.Y. Safra in First-Ever Crypto AML Action
OCC Hits New York-Based Bank with First-Ever Enforcement Action for Lack of Crypto AML Compliance
European Union Blacklists Non-Cooperative Tax Havens
EU Targets Cayman Islands, Panama, Seychelles, and Palau For Lack of Beneficial Ownership Transparency And Abusive Tax Practices
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.