Anti Money-Laundering

Significance, challenges, and future prospects of the Social Security Number (SSN) and its importance for customer identification.

The Panama Papers scandal, one of the most significant data leaks, exposed the world to the realm of offshore tax havens and illegal financial transactions.

Digital identity verification is a crucial tool in identifying and verifying customers in regulated industries.

Chargeback fraud is a term used to describe the unauthorized or fraudulent reversal of a transaction made through a credit or debit card.

In addition to the humanitarian toll of the Russian invasion of Ukraine, there were also significant implications from an anti-money laundering (AML) perspective. This article will explore the AML perspective of the situation and the changes that have occurred as a result of the conflict.

MRZ code is an essential component of passports that enables the easy reading and verification of identity information by machines.

The UAE, one of the region's major economies, has relatively lax anti-money laundering rules, which enable criminals to exploit gaps and commit financial crimes.

Like many financial institutions, digital-only banks are under increasing pressure to comply with AML and KYC regulations, which require them to verify the identities of their customers.

Dive into the debate of outsourcing vs in-house systems for Know Your Customer (KYC) compliance. Understand the advantages of outsourcing for compliance, efficiency, and cost-effectiveness, as well as the potential downsides of data privacy and lack of control in an in-house system.