by instnt | Nov 8, 2022 | Blog
Compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) laws and regulations have necessitated the evolution of transaction monitoring systems. A financial institution must have a foolproof and adaptable process for monitoring customers’ transactions...
by instnt | Nov 1, 2022 | Blog
Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations protect your financial institution and consumers. On a basic level, the requirements are straightforward. Firms should verify identities, check against prohibited lists and evaluate risk factors....
by instnt | Oct 11, 2022 | Blog
Customer enrollment methods must strike a delicate balance between security and convenience — during sign-up and subsequent logins. Yet, sophisticated threat actors can manipulate your verification and fraud program, skip through your Identity Assurance Levels and...
by instnt | Oct 4, 2022 | Blog
As a business, you know your customer demographic best, but do you know the best way to manage identities in customer onboarding? Know Your Customer (KYC) is a standard due diligence process used by financial institutions and financial services companies to assess and...
by instnt | Sep 20, 2022 | Blog
Transaction monitoring is a critical aspect of Know Your Customer (KYC) compliance and, more specifically, Anti-Money Laundering (AML) procedures. All banks and financial institutions must have a transaction monitoring system in place to monitor all customer...
