KYB for Credit Unions: Key Requirements & How to Implement It
🗒️ Key Highlights Credit unions typically need articles of incorporation, EIN verification, business licenses, partnership agreements, and UBO identification for […]
Product
7 KYC Best Practices for Smarter Compliance & Fraud Prevention
🗒️ Key Highlights If a company’s lack of proper KYC leads to fraud or financial loss, customers can file lawsuits
Canada’s AML/KYC Compliance: Rules, Regulations and Penalties
🗒️ Key Highlights The core law is the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), but multiple
Signzy and MagicPay Partner to Streamline Merchant Onboarding in Mexico
10th March 2025: Signzy, a global leader in AI-driven identity verification and compliance solutions, has announced a strategic partnership with
How To Choose a Vendor for KYC? 9 Key Factors to Keep in Mind
🗒️ Key Highlights Look for exceptional customer support infrastructure with proven expertise in handling technical challenges. Focus on vendors offering
Data Residency Laws and Requirements by Region
🗒️ Key Highlights 71% of consumers indicate they would cease doing business with companies that fail to properly handle their
Triangulation Fraud Explained: How It Works & Prevention Tips
🗒️ Key Highlights As per Visa’s Chief Risk Officer, merchants face losses between $660 million and $1 billion each month
Criminal Screening: What It Is & Why Businesses Need It
🗒️ Key Highlights Background checks and criminal screening are not the same. The former covers employment, education, and more. Criminal
Business Verification in Canada: Complete Guide [2025]
🗒️ Key Highlights Canada is considering increasing fines for AML violations by up to 40 times, signaling a tougher stance
Phishing in the world of AI: New-age phishing [Examples + Prevention tips]
🗒️ Key Highlights Phishing attacks have skyrocketed by 1,265% following the rise of AI tools such as ChatGPT. On a