Tag "BASIS ID"
How Financial Regulations Have Evolved in 2021
Almost all countries increased regulation of the crypto finance industry in 2020. The COVID-19 pandemic provoked a significant boost of digital crimes, including money laundering, terrorist financing, online black marketing and other related criminal activity. Certain jurisdictions have already implemented
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BASIS ID Disrupts the KYC & AML Data Management
KYC (Know Your Customer) is an integral part of fighting Money Laundering and Terrorist Financing. It has become one of the necessities for every organization in the financial sector. Managing your customers’ KYC data can be very frustrating, however, there’s
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5 Steps Of An Effective KYB (Know Your Business)
What do you know about the businesses that you are working with? Your partners, clients, suppliers? How can you make sure that they are real companies but not shell companies? Where do they get money from? Where does their money
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BASIS ID To Support SMEs With 1 Million Free Identity Verification Service
BASIS ID will dedicate 1 million free verifications to companies from the APAC region to aid them recover from the crisis. During this difficult time, COVID-19 is restricting face-to-face contact between people, whereas the necessity to conduct customer identification and
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How MyInfo Revolutionized Verification Process in Singapore
MyInfo made verification process easier than ever for the citizens of Singapore and thanks to BASIS ID every FinTech can now integrate this service into its platform. Know Your Customer or simply KYC remains one of the biggest pains for
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The BASIS ID Tale – How Digitisation is Revitalising Client Onboarding
BASIS ID, the Estonia-based startup dedicated to ease the hurdles from customer onboarding and KYC will co-host with RegPac an event during the Singapore FinTech Festival. Given the tightened regulatory controls arising from recent scandals with the likes of 1MDB,
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